Fantastic investment opportunity! This well maintained duplex offers 2 spacious units with separate entrances and utilities, including 2 furnaces, 2 water heaters, and 2 electric meters. The upper unit features renovated kitchen counters, newer flooring, and an updated bathroom. The lower unit offers a refreshed kitchen with newer countertops and updated bathroom floors. Both units enjoy a large, covered front porch. Tenants currently pay all utilities (gas, heat, trash, water). Unit 1 currently pays $830 monthly rent. Shared laundry room in basement. Whether you're looking to live in one unit and rent the other, or expand your portfolio, this is a solid choice with excellent potential! Both units are currently tenant occupied. 48 hr notice. Tenant Occupied.
For sale
$159,900
606 Shepard St, Lansing, MI 48912
4beds
2baths
--sqft
Est.:
MultiFamily
Built in 1925
-- sqft lot
$157,100 Zestimate®
$--/sqft
$-- HOA
What's special
Updated bathroomLarge covered front porchNewer countertopsNewer flooringRefreshed kitchenRenovated kitchen countersUpdated bathroom floors
- 18 days
- on Zillow |
- 897 |
- 80 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 12:31pm
Listed by:
Gary R. Newton 517-410-8307,
RE/MAX Real Estate Professionals 517-339-8255
Source: Greater Lansing AOR,MLS#: 289874

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Inside, Lower Level
Features
- Basement: Full
- Has fireplace: No
Interior area
- Finished area above ground: 1,568
Property
Parking
- Total spaces: 3
- Parking features: Driveway, No Garage, On Site, Outside, Paved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 33 x 99
Details
- Parcel number: 33010115484141
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Breiten Park
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $70,000
- Annual tax amount: $2,407
- Date on market: 7/22/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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