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4 Beds
0 Baths
2,194 sqft

$65,000

909 Jerome Street, Lansing MI, 48912

Price per sqft$29.63
Built in1880
Property size2,194 sqft
Property typeResidential

Overview

Active

Listed Jul 14, 2026

Updated 3 days ago

Investor special with incredible income potential! This fully gutted property has been taken down to the studs, providing the perfect blank canvas to bring your vision to life. With a spacious layout and flexible floor plan, the home offers the potential to be transformed into a four-unit rental property (Zoned R-MX, subject to local approvals), making it an excellent opportunity for investors or developers. Conveniently located just across the street from the University of Michigan Health - Sparrow Hospital, just north of the Michigan Avenue corridor, this property is ideally positioned for short-term rentals, traveling healthcare professionals, or long-term tenants seeking a prime location near downtown Lansing. Much of the demolition has already been completed, allowing you to skip the teardown and move straight into the rebuilding process. Whether you're looking to create a high-performing investment portfolio or renovate and maximize value, this property is full of possibilities. Bring your plans, your contractor, and your imagination - opportunities like this don't come along often!

$432/mo

Est. mortgage payment based on a $65,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
297571

Interior Features

Bedrooms
4
Bathrooms
0
Basement
Yes

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$1,767
Tax Frequency
Annually
MLS provider logo

Listed by Jonathan Lum, EXIT Realty Home Partners, 517-803-2345

Based on information from Greater Lansing Association of REALTORS® (GLAR) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Greater Lansing Association of REALTORS® (GLAR). All rights reserved.

Data last updated 6:30 AM UTC, 10/7/2026

     

 

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