Listing provided courtesy of Century 21 AffiliatedMLS# 296168MLS ProviderSource MLS Verified
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Investor Alert - Cash-Flowing Rental with Tenant in Place! 1830 Fletcher Street, Lansing, MI 48910 Reduced 10k to 89,900, priced with equity. Turnkey rentals like this don't hit the market every day especially not with an active rental license, a stable long-term tenant already in place, and instant cash flow from day one. If you're looking to expand your portfolio in a strong rental market, this is your chance. This 2-bedroom, 1-bath home sits on a quiet, residential street in South Lansing, just minutes from major employers, shopping, and downtown. The house has good bones and is structurally sound, with plenty of upside through simple cosmetic updates. The current tenant has lived here long-term, pays on time, and wants to stay (section 8 - $1100)... meaning you start earning income immediately. With forced-air heat, a fenced yard, and a full basement, this property checks all the boxes for renters -and makes ownership easy for landlords. The garage has been removed, eliminating exterior maintenance costs while opening up yard space. Whether you're a seasoned investor or just getting started, this is a rare opportunity to step into a performing asset without the hassle of finding tenants or navigating the licensing process. Everything is already in place. Priced to move. Licensed. Occupied. Cash flowing. Single unit. What are you waiting for? Schedule a showing today before another investor beats you to it.

Source: Lansing MLS, MLS#: 296168

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  • Property Type
    Residential
  • Lot
    0.12 acres

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Kevin Prokopp

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1830 Fletcher Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Lansing MLS Status Change
Active
6/14/2026Source: Lansing MLS Status Change
Pending
6/9/2026Source: Lansing MLS Price Reduction
$89,900 -10.0%
5/21/2026Source: Lansing MLS Added to Database
May 21, 2026