529 Cherry Street

Lansing, MI 48933

$170,000
Price
2
Beds
—
Baths
1,280 Sq. Ft.
$133 / Sq. Ft.
1,280
Sq. Ft.
$133
per Sq. Ft.
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Description

Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a generous bedroom. The upper unit spans the second and third floors, offering a spacious one-bedroom layout plus...Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a generous bedroom. The upper unit spans the second and third floors, offering a spacious one-bedroom layout plus an impressive loft space on the third level. This unit includes a comfortable living area and kitchen, 1.5 Bathrooms with laundry conveniently located in the basement. Each unit is separately metered, with tenants responsible for gas, electric, water, and sewer. The landlord covers lawn care,snow removal, and trash service. The property also includes a dedicated parking pad accommodating up to four vehicles??? an added convenience for tenants. A solid opportunity for investors looking to add a fully occupied property in a desirable rental location??? schedule your showing today!
  1. Listed by Cindy Beckwith • Brokerage DRE #6505276328BR • Five Star Real Estate - Lansing
    P: (517)-614-2254 C: (517)-614-2254 beckwithcindy@gmail.com

Property Details for 529 Cherry Street

Subdivision Name
ORIGINAL OF LANSING
Zoning Description
Residential
LISTING UPDATED: 07/01/2026 02:01 PM

Property Details for 529 Cherry Street

StatusActive
MLS #630000294596
Days on Market101
Taxes$4,011 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential Income
Year Built1906
Lot Size0.11 AC / 4,791 SF
CountyIngham County
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Location

Listing Courtesy of Five Star Real Estate - Lansing
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Building Information for 529 Cherry Street

Stories-Year Built1906Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$1,181 per month

30 year fixed, 6.36% Interest

Principal and Interest

$847

Property Taxes

$334

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 529 Cherry Street

Summary
Location and General Information
  • Directions: E on W. St.Joseph North on S Grand Ave. E on Hillsdale St. North on Cherry St. Property on the East Side
  • Latitude: 42.727564
  • Longitude: -84.54892
  • MLS Area Major: Area11012Lansing
Taxes and HOA
  • Parcel Number: 33010116457071
  • Tax Amount Summer: $4,011.00
  • Tax Annual Amount: $4,011.00
  • Tax Assessed Value: $46,498.00
  • Tax Legal Description: N 2 1/4 R OF S 4 1/2 R LOT 7 BLOCK 152 ORIG PLAT
  • Tax Year: 2025
School Information
  • High School District: Lansing
Parking
  • Parking Total: 4.0
  • Garage: No
  • Parking Features: No Garage, Parking Pad
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 37.1x66
Property and Assessments
  • State Equalized Value: 53300.0
  • Table: MF
  • Living Area: 1280.0
  • Above Grade Finished Area: 1280.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • Year Built: 1906
Building Features
  • Construction Materials: Wood Siding
  • Foundation Details: Basement, Brick Mortar, Michigan Basement
  • Roof: Shingle
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Has Basement: Yes
  • Cooling: Central Air
  • Has Cooling: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Has Heating: Yes
  • Laundry Features: Laundry Room, Lower Level, Main Level
Exterior Features
  • Fencing: Back Yard
Multi Family
Multi Family Information
  • Number of Units Total: 2
  • Unit Records: 2
Income & Expenses
  • Gross Scheduled Income: $21,300.00
  • New Taxes Expense: $4,011.00
Unit Information
Unit 1
  • Actual Rent: $900.00
  • Description: Lower
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Type: One Bedroom
Unit 2
  • Actual Rent: $875.00
  • Description: Upper
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Type: One Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 529 Cherry Street

DateEvent & SourcePriceAppreciation
May 15, 2026

Price Change

Realcomp #630000294596

$170,000—
Mar 23, 2026

Listed (Active)

Realcomp #630000294596

$175,000—
Oct 27, 2023

Sold (Public Record)

Public Record #1521429961

$136,000

+1.8% / yr

DateEvent & SourcePrice
05/15/2026

Price Change

Realcomp #630000294596

$170,000
03/23/2026

Listed (Active)

Realcomp #630000294596

$175,000
10/27/2023

Sold (Public Record)

Public Record #1521429961

$136,000

+1.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 529 Cherry Street

Taxable ValueLand$3,700Additions$49,600Total$53,300
Tax Record2024$4,096 ($341 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1906CountyINGHAMAPN33-01-01-16-457-071Fireplace TypeHas Fireplace

Schools near 529 Cherry Street

This home is within Lansing Public School District.
Rating
School
Type
Grades
Distance
Riddle Elementary School
Public - PK to 3
Mt. Hope School
Public - 4 to 8
J.W. Sexton High School
Public - 9 to 12
Willow School
Public - PK to 5
Rating
School
Distance
Riddle Elementary School
PublicPK to 3

Mt. Hope School
Public4 to 8

J.W. Sexton High School
Public9 to 12

Willow School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 529 Cherry Street, Lansing, MI 48933

529 Cherry Street is a single family home for sale in Lansing, MI 48933. This property was listed for sale on March 23, 2026 by Five Star Real Estate - Lansing, it's currently listed at $170,000. It has been on the market for a total of 101 days and was last sold on October 27, 2023. This listing's school district is Lansing Public School District. Nearby schools include Riddle Elementary School, Mt. Hope School and J.W. Sexton High School. 529 Cherry Street is a 2-bed, 0-bath, 1,280 sqft single family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Five Star Real Estate - Lansing

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