Solid investment property with long rental history. This two-story single-family home has 1,638 square feet, includes 6 bedrooms, and 4 bathrooms. Finished rec room (or 7th bedroom) in basement. Extensive renovations and new appliances in Jan 2025. Washer & dryer are tenant-owned. This would be an excellent single-family home or continue as an investment property. Current tenant is paying $1,450 per month on a month-to-month lease that ends on 12/31/25. The City of Lansing rental license expires on 8/1/28. This property is one of 3 investment properties located next door to each other and being sold as a package (425, 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.
For sale
Price cut: $25K (6/23)
$150,000
427 N Butler Blvd, Lansing, MI 48915
6beds
1,838sqft
Est.:
Single Family Residence
Built in 1912
4,791.6 Square Feet Lot
$147,100 Zestimate®
$82/sqft
$-- HOA
What's special
Finished rec roomExtensive renovationsNew appliances
- 185 days
- on Zillow |
- 399 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 12:07pm
Listed by:
Gary Naeyaert 517-281-2690,
EXIT Realty Home Partners 517-803-2345
Source: Greater Lansing AOR,MLS#: 286120

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Area: 89.25 Square Feet
- Dimensions: 10.5 x 8.5
Bedroom 2
- Level: Second
- Area: 152 Square Feet
- Dimensions: 16 x 9.5
Bedroom 3
- Level: Second
- Area: 95 Square Feet
- Dimensions: 10 x 9.5
Bedroom 4
- Level: Second
- Area: 95 Square Feet
- Dimensions: 10 x 9.5
Bedroom 5
- Level: Second
- Area: 99 Square Feet
- Dimensions: 11 x 9
Den
- Description: or Bedroom #7
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16 x 12
Dining room
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 114.75 Square Feet
- Dimensions: 13.5 x 8.5
Living room
- Level: First
- Area: 229.5 Square Feet
- Dimensions: 17 x 13.5
Other
- Description: Bedroom #6
- Level: Second
- Area: 78.75 Square Feet
- Dimensions: 10.5 x 7.5
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal, Microwave, Water Heater, Refrigerator, Oven, Dishwasher
- Laundry: In Basement
Features
- Flooring: Carpet, Linoleum
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,457
- Total interior livable area: 1,838 sqft
- Finished area above ground: 1,638
- Finished area below ground: 200
Property
Parking
- Parking features: On Site, Parking Lot, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 33' x 148'
Details
- Foundation area: 819
- Parcel number: 33010117231281
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Lansing
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $59,400
- Annual tax amount: $3,630
- Date on market: 6/23/2025
- Listing terms: VA Loan,Cash,Conventional,FHA,Contract,MSHDA
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