Great investment opportunity in Lansing! This well-maintained duplex offers excellent income potential, bringing in up to $1,500 per month when fully rented. The upper unit is currently occupied at $750 per month, with tenants paying all utilities. The lower unit is vacant and recently remodeled, featuring new countertops, flooring, and fresh paint, perfect for an owner-occupant or new tenant. Turnkey and ready to go, this property is a solid cash-flowing asset. The seller is also offering another nearby duplex as a package deal for $185,000 total, a great opportunity to expand your investment portfolio!
For sale
Price cut: $4.1K (4/2)
$79,900
147 Isbell St, Lansing, MI 48910
2beds
2baths
--sqft
Est.:
Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fresh paintNew countertops
- 154 days |
- 1,259 |
- 82 |
Zillow last checked: 7 hours ago
Listing updated: 9 hours ago
Listed by:
Morgan Meredith 517-505-1422,
Keller Williams Realty Lansing 517-853-1200
Source: Greater Lansing AOR,MLS#: 292302
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: In Basement
Features
- Flooring: Laminate
- Basement: Full
Interior area
- Finished area above ground: 1,500
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 2,178 Square Feet
- Dimensions: 75 x 150
- Features: Back Yard, City Lot, Front Yard, Corner Lot
Details
- Parcel number: 33010121453070
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Orchard
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $32,801
- Annual tax amount: $2,637
- Date on market: 10/30/2025
- Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,198/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Price change | $79,900-4.9% |
Source: | ||
| 3/26/2026 | Price change | $650-7.1% |
Source: Zillow Rentals Report a problem | ||
| 12/29/2025 | Price change | $84,000-5.6% |
Source: | ||
| 12/3/2025 | Price change | $700-6.7% |
Source: Zillow Rentals Report a problem | ||
| 12/1/2025 | Price change | $750+7.1% |
Source: Zillow Rentals Report a problem | ||
| 11/17/2025 | Price change | $700-6.7% |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Listed for sale | $89,000 |
Source: | ||
| 10/21/2025 | Listing removed | $89,000 |
Source: | ||
| 10/14/2025 | Listed for rent | $750 |
Source: Zillow Rentals Report a problem | ||
| 9/30/2025 | Listing removed | $750 |
Source: Zillow Rentals Report a problem | ||
| 9/16/2025 | Price change | $750-6.3% |
Source: Zillow Rentals Report a problem | ||
| 8/20/2025 | Listed for rent | $800+14.3% |
Source: Zillow Rentals Report a problem | ||
| 8/4/2025 | Price change | $89,000-10.1% |
Source: | ||
| 6/23/2025 | Listed for sale | $99,000+266.7% |
Source: | ||
| 4/10/2025 | Listing removed | $700 |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $700-6.7% |
Source: Zillow Rentals Report a problem | ||
| 11/14/2024 | Listing removed | $750 |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Price change | $750-6.3% |
Source: Zillow Rentals Report a problem | ||
| 7/11/2024 | Price change | $800-5.9% |
Source: Zillow Rentals Report a problem | ||
| 6/28/2024 | Listed for rent | $850+3% |
Source: Zillow Rentals Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/17/2024 | Listed for rent | $825+3.8% |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/14/2023 | Listed for rent | $795 |
Source: Zillow Rentals Report a problem | ||
| 8/3/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/13/2004 | Sold | $27,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,637 | $34,900 +15.2% |
| 2023 | -- | $30,300 +11.8% |
| 2022 | -- | $27,100 +12.9% |
| 2021 | -- | $24,000 +8.6% |
| 2020 | -- | $22,100 +10% |
| 2019 | $1,574 | $20,100 +8.1% |
| 2018 | $1,574 -55.6% | $18,600 |
| 2017 | $3,545 | $18,600 +2.2% |
| 2016 | $3,545 | $18,200 +3.4% |
| 2015 | $3,545 | $17,600 -2.2% |
| 2014 | $3,545 | $18,000 -3.7% |
| 2013 | -- | $18,700 -7.4% |
| 2012 | -- | $20,200 -13.3% |
| 2011 | -- | $23,300 -14.3% |
| 2010 | -- | $27,200 -12% |
| 2009 | -- | $30,900 -8% |
| 2008 | -- | $33,600 +0.3% |
| 2007 | -- | $33,500 +6% |
| 2006 | -- | $31,600 +24.4% |
| 2005 | -- | $25,400 +9.5% |
| 2004 | -- | $23,200 +15.4% |
| 2003 | -- | $20,100 +24.1% |
| 2002 | -- | $16,200 +14.1% |
| 2001 | -- | $14,200 +6% |
| 2000 | -- | $13,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$536/mo
Principal & interest
$412
Property taxes
$124
More affordability tools
Climate risks
Neighborhood: REO Town
Nearby schools
GreatSchools rating
- 5/10Cavanaugh SchoolGrades: PK-3Distance: 1.7 mi
- 4/10J.W. Sexton High SchoolGrades: 7-12Distance: 1.8 mi
- 2/10Lewton SchoolGrades: PK-7Distance: 2.1 mi
Schools provided by the listing agent
- High: Lansing
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 48910
- Michigan
- Ingham County
- Lansing
- 48910
- REO Town
- 147 Isbell St






