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1021 Hickory Street

Lansing, Michigan 48912
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Bed 2

Bed

Bath 0

Bath

Acres0.74

Acre(Lot)

This is an upstairs/downstairs duplex. Since the likely buyer is a landlord, we'll skip the fluff and cut straight to the things a landlord would want to know. This property was bought by three friends as an investment, and it's made a fine investment. But tracking expenses and doing taxes on a property owned by three unrelated individuals has proved a hassle, and all three of us are ready to cash out and do something different. Both units turned over around the same time, and the property is due for its city inspection, so it's a good time to get out. Since purchasing this property in 2019 we have pulled two mechanical permits & two plumbing permits, and just before we bought it the previous owners pulled a roofing permit and an electrical permit. All 6 permits were inspected and passed. This house has passed two rental safety inspections since we've owned it, and been deemed completely up to code. It is now due for reinspection in 2026, but we don't want to deal with that hassle when we can just sell it. Other major things we have done to add value: the sewer line was collapsed when we bought it, we excavated and fixed that, and installed an outdoors cleanout to make future sewer cleanings easier. The basement had been wet and the galvanized steel gas lines were rusty and corroded, so we had them all replaced and also added a new gas line to the laundry since most commercial coin operated dryers use gas. We mitigated the wet basement by installing proper downspouts that go into drainage tile underground and flow into a rain garden in the front yard, then out to the street. If you don't want to deal with the occasional weeding of the rain gardens (they're mostly filled with native wildflowers but need weeding once a year) you can daylight the tile and fill the rain gardens in. Your call. When we bought the property, none of the utilities were split, so the landlord paid all the utilities. We have since had the water split into two separate meters, so tenants now pay for their own water and sewer. We were goin

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Detail Ic Property Details

Property Type : Multifamily

Price : $115,000

AD Id : 88135943

MLS Id : 81026036873

Beds : 2

Lot Size : 0.74 Acre

Year Built : 1908

County : Ingham

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Feature Features

  • Interior Features

    Laundry Facility Roof: Composition
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1908 Total Units: 2 Roof: Composition
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Sewer at Street
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.74 Lot Dimensions: 27x120 Frontage Feet: 27
  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $115,000
  • Listing Information

    Possession: At Close Legal Description: E 27 FT LOT 25 BLOCK 2 LANSING IMPROVEMENT COMPANYS ADD

  • Tax Information

    Annual Tax: $3,014 Parcel Number: 33010115376071
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: E 27 FT LOT 25 BLOCK 2 LANSING IMPROVEMENT COMPANYS ADD

  • Unit 1 Information

    # of Bedrooms: 2

  • School Information

    School District: Lansing
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1006 S Pennsylvania Ave.., Lansing, MI, 48912 $149,000 4 -- --
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 07/20/2026 @ 17:41

MLS: 81026036873 LISTED BY: Randall Wolber , Simple Fee Listings 734-674-6608 SOURCE: Realcomp II Ltd

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