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4733 S Pennsylvania Avenue

Lansing, Michigan 48910
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Bed 4

Bed

Bath 0

Bath

Acres0.02

Acre(Lot)

Excellent investment opportunity in a prime Lansing location! This well-maintained duplex at 4733 & 4735 S. Pennsylvania Ave. is conveniently located near Michigan State University, shopping, dining, public transportation, and major employers. Both units have been extensively updated and offer strong rental appeal. Recent improvements include newer appliances, new washers and dryers, new hot water heaters, all-new electric baseboard heating systems and thermostats, remodeled bathrooms, a new sewer line (2023), and a newly issued rental license valid for three years. The upper unit features newer windows, vinyl plank flooring, and is currently leased month-to-month, offering owner flexibility. The lower unit features tile flooring with new vinyl plank in the bathroom and is occupied by a lo ng-term tenant with a lease in place through March 2027. A turnkey investment with major capital improvements already completed. Please allow 48 hour notice to show.

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Detail Ic Property Details

Property Type : Multifamily

Price : $229,900

AD Id : 88040122

MLS Id : 55026035853

Beds : 4

Lot Size : 0.02 Acre

Year Built : 1980

County : Ingham

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Feature Features

  • Interior Features

    Laundry Facility,Cable Available Roof: Composition Basement Description: Walk-Out Access
  • Heating & Cooling

    Cooling: Window Unit(s) Heating: Baseboard Heating Fuel: Electric

  • Building Information

    Year Built: 1980 Total Units: 2 Roof: Composition
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.02 Lot Dimensions: 66x129 Frontage Feet: 66
  • Property Information

    Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $229,900
  • Listing Information

    Possession: At Close Legal Description: LOT 23 PLEASANT RIDGE PLAT

  • Tax Information

    Annual Tax: $5,289 Parcel Number: 33010134376026
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: LOT 23 PLEASANT RIDGE PLAT

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Lansing
  • Utility Information

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

Address Estimate Bed Bath Sq. Ft Lot Size
4414 S Martin Luther Ki.., Lansing, MI, 48910 $119,999 3 2.5 1,592 1,592 SqFt
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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 @ 08:25

MLS: 55026035853 LISTED BY: Clifford Risner , Executive Brokers Residential and Commercial Real 517-315-4400 SOURCE: Realcomp II Ltd

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