USAMILansing5316/5318 S Waverly Road
53165318 Rd | Image 1
New
53165318 Rd | Image 2
53165318 Rd | Image 3

$179,900

For Sale

3 days ago

53165318 Rd, Lansing, MI

House

MLS® 299819

0 Bed

2 Bath

1800 sqft

6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1800 sqft
Garage 
Taxes 
Days Active 2
Lot Size 0.28 Acres
Approx. Age 1942
Avg. Price Per Sqft $99
MLS® Number 299819

Property Address: 5316/5318 S Waverly Road, Lansing, MI, 48911

Average square foot calculated using Size range provided by listing agent.

Description

Investment opportunity in Lansing! Located at 5316 and 5318 S Waverly, this property features two units, each with 3 bedrooms, 1.5 bathrooms, and about 900 square feet, for a combined monthly rental income of $2, 450. The unit at 5316 rents for $1, 550 per month, with improvements including a new roof ($15, 000), a new kitchen countertop, and newly installed gutters. The unit at 5318 rents for $900 per month to a longstanding tenant on a month-to-month lease and features new siding ($15, 000), a new furnace ($6, 000), and newly installed gutters. The same owner also owns 5400 Waverly, Lansing, MI 48911, which is currently for sale, offering an opportunity to purchase an additional income property. Across all units, driveways have been filled and smoothed with crushed concrete, handrails have been installed at all front entrances, and gutters are cleaned annually. Tenants are responsible for all utilities and trash service, and the water heaters are approximately 10 years old. The rental license for this duplex is due for renewal in 2029.
MLS® Number299819
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1942
BasementCrawl Space
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2026List Date
$179,900List Price
  • Commute

Commute

Starting Address
Destination Address
53165318 Rd, Lansing, MI

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