4733 S Pennsylvania Avenue, Lansing, MI 48910

New Listing
$229,900
Property Type: Multi Family Lot Size (sq. ft.): 871 Status: Active
Current Price: $229,900 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

Description

Excellent investment opportunity in a prime Lansing location! This well-maintained duplex at 4733 & 4735 S. Pennsylvania Ave. is conveniently located near Michigan State University, shopping, dining, public transportation, and major employers. Both units have been extensively updated and offer strong rental appeal. Recent improvements include newer appliances, new washers and dryers, new hot water heaters, all-new electric baseboard heating systems and thermostats, remodeled bathrooms, a new sewer line (2023), and a newly issued rental license valid for three years. The upper unit features newer windows, vinyl plank flooring, and is currently leased month-to-month, offering owner flexibility. The lower unit features tile flooring with new vinyl plank in the bathroom and is occupied by a long-term tenant with a lease in place through March 2027. A turnkey investment with major capital improvements already completed. Please allow 48 hour notice to show.

Listing Details MLS# 26035853

Location Property Info

County
Ingham
Street #
4733
Street Direction
S
Street Name
Pennsylvania
Suffix
Avenue
State
MI
Zip Code
48910
Zip (4)
7600

General Property Info

Lot Measurement
Acres
Lot Square Footage
871
Lot Acres
0.02
Lot Dimensions
66x129
Year Built
1980
New Construction
No
Road Frontage
66
Total # Units
2
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Parking Spaces
4
Waterfront
No
School District
Lansing
Association YN
No
Basement
No

Tax Info

Tax ID #
33-01-01-34-376-026
Taxable Value
71787
SEV
80200
For Tax Year
2025
Seller's Annual Property Tax
5289
Tax Year
2026
Spec Assessment & Ty
N/A
Homestead %
0

Access Feat

Accessibility Features
No

Unit 1

Unit Description
Upper
SqFt
781
Occupied
Yes
Monthly Rent
1340
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Deck/Patio
Yes
Dishwasher
Yes
Range Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

More Information

Unit 2

Unit Description
Lower
SqFt
781
Occupied
Yes
Monthly Rent
1200
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Dishwasher
Yes
Range/Oven
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Location & Property Info

Cross Streets
Jolly
Property Sub-Type
2 to 4 Units
Municipality
Lansing City

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Excellent investment opportunity in a prime Lansing location! This well-maintained duplex at 4733 & 4735 S. Pennsylvania Ave. is conveniently located near Michigan State University, shopping, dining, public transportation, and major employers. Both units have been extensively updated and offer strong rental appeal. Recent improvements include newer appliances, new washers and dryers, new hot water heaters, all-new electric baseboard heating systems and thermostats, remodeled bathrooms, a new sewer line (2023), and a newly issued rental license valid for three years. The upper unit features newer windows, vinyl plank flooring, and is currently leased month-to-month, offering owner flexibility. The lower unit features tile flooring with new vinyl plank in the bathroom and is occupied by a long-term tenant with a lease in place through March 2027. A turnkey investment with major capital improvements already completed. Please allow 48 hour notice to show.
Legal
LOT 23 PLEASANT RIDGE PLAT

Lot Description

Level
Yes
Wooded
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

None
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Laundry Features

In Unit
Yes

Exterior Material

Aluminum Siding
Yes

Roofing

Composition
Yes

Heat Source

Electric
Yes

Sale Conditions

None
Yes

Heat Type

Baseboard
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Water
Yes

Driveway

Concrete
Yes

Substructure

Walk-Out Access
Yes
Other
Yes

Owner Pays

Trash Collection
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: In Unit Exterior Material: Aluminum Siding Roofing: Composition Substructure: Walk-Out Access; Other Lot Description: Level; Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Owner Pays: Trash Collection Tenant Pays: Electric; Water Heat Source: Electric Heat Type: Baseboard Air Conditioning: Window Unit(s) Driveway: Concrete Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Deck/Patio; Dishwasher; Range Oven; Refrigerator; Washer/Dryer Unit 2: A/C Unit; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
IDX
Listing Office: Executive Brokers Residential and Commercial Real Estate
Listing Agent: Clifford Risner
Source MLS Verified
Last Updated: July - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.