




1006 S Pennsylvania Ave, Lansing, MI, 48912
About This Home
Duplex investment opportunity. Welcome to 1006 S Pennsylvania Ave, a multi unit property offering strong rental potential. The lower unit has been fully updated with modern finishes, while the upper unit provides additional living space and income opportunity. Currently tenant occupied with leases in place, providing immediate cash flow. Recent updates include a newer roof and mostly new windows. Situated on a double lot with a fenced yard and detached garage, offering added value and flexibility. A great opportunity for investors looking to expand their portfolio with a property that combines updates, income, and long term potential.
Getting Around
Schools
Construction
Condition
- Year built: 1929
Materials
- Construction materials: Shingle Siding
Type & Style
- Home type: MultiFamily
- Property subType: 2 to 4 Units
Interior
Basement
- Has basement: Yes
- Basement: Michigan Basement
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heating features: Forced Air
Interior Area
- Total interior livable area: 781 sqft
Property
Details
- Parcel number: 33010122107212
- Zoning description: R2
Lot
- Lot size: 9,147 sqft
- Lot size dimensions: 44 x 124
Parking
- Total spaces: 2
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
How This Home’s Risks Compare
FEMA Declared Disasters in Ingham County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $753 | $9,036 |
| Home Insurance * | $94 | $1,128 |
| Property Taxes | $218 | $2,616 |
| Electricity | $188 | $2,259 |
| Total | $1,253 | $15,036 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Listed for sale | $149,000 |
| 2025-01-10 | Listing removed | $900 |
| 2024-11-08 | Listed for rent | $1,050 |
