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616 N Butler Blvd, Lansing, MI, 48915

1beds
2baths
--sqft
$115,000
--price/sqft
$1,036/moest. monthly cost
$41,440/yrincome needed

About This Home

Duplex with great income potential! The first-floor unit is a studio with a kitchen and a full bath. The second-floor unit features 1 bedroom, a kitchen with appliances, and a full bath. Both units are tenant-occupied on month-to-month leases. Upstairs rent is $950/month, and downstairs rent is $750/month. Washer and dryer are included in the first unit.

Getting Around

76
WalkingVery Walkable
48
TransitSome Transit
72
BikeVery Bikeable

Schools

4/10
Pattengill AcademyGrades PK-72.2 mi
3/10
J.W. Sexton High SchoolGrades 7-120.8 mi
3/10
Sheridan RoadGrades PK,4-72.3 mi

Construction

Condition

  • Year built: 1916

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Other

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2

Features

  • Finished area above ground: 1,419

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Property

Details

  • Parcel number: 33010117227002
  • Zoning description: Zoning

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: IRREG

Parking

  • Total spaces: 2
  • Parking features: No Garage,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters in Ingham County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$99$1,188
Property Taxes $168$2,016
Electricity $188$2,259
Total$1,036$12,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,520/yr
40% on housing$31,080/yr
45% on housing$27,626/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 48915$76
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48915$115
Ingham County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$115,000

For Sale by Agent

AgentKaren Fisher-Austin
BrokerageRE/MAX Real Estate Professionals

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