412 S Hayford Ave Lansing, MI 48912
Fairview Area NeighborhoodEstimated payment $1,918/month
Total Views
369,790
--
Bed
--
Bath
1,672
Sq Ft
$185
Price per Sq Ft
Highlights
- Wood Flooring
- Window Unit Cooling System
- Landscaped
- Enclosed Glass Porch
- Outdoor Storage
- 2-minute walk to Foster Park
About This Home
Welcome to 412 S Hayford, Lansing - a prime investment opportunity! This fully operational 4-unit property is currently thriving as a short-term rental, with 619 bookings in 2024 alone and a CAP rate of approximately 11%. This is a true turn-key investment - all furniture, supplies, and current bookings transfer to the new owner, allowing for seamless continued income. Each unit is full of character, featuring knotty pine finishes that guests love. Whether you're looking to grow your portfolio or dive into the short-term rental market, this property is ready to go from day one.Each unit features charming knotty pine finishes and unique layouts. East Unit (Upper Level) - Currently used by the seller but has the potential to generate $1,100/month. This unit includes 2 bedrooms, a full bathroom, and a spacious living room. North Unit (Main Level, Front) - Includes a kitchen, living room, bedroom, laundry, and a full bath. Currently rented for $75/day. South Unit (Basement) - Cozy and efficient with a kitchen, living/bedroom combo, and full bath, also renting for $75/day. West Unit (Main Level, Back) - Features a large kitchen, bedroom, office, and full bathroom, renting for $75/night.Whether you're a seasoned investor or new to short-term rentals, this property is fully set up and ready to go - a truly rare find in Lansing!
Listing Agent
Keller Williams Realty Lansing License #6501422310 Listed on: 04/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,456
Year Built
- Built in 1904
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 66x127
- Partially Fenced Property
- Landscaped
- Back and Front Yard
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,672 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
- Laundry in unit
Parking
- 6 Parking Spaces
- Alley Access
Outdoor Features
- Enclosed Glass Porch
- Outdoor Storage
Location
- City Lot
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- Leslie Park Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $19 | $56,700 | $6,800 | $49,900 |
| 2023 | $2,303 | $51,000 | $6,800 | $44,200 |
| 2022 | $2,078 | $43,200 | $5,400 | $37,800 |
| 2021 | $2,035 | $38,000 | $6,100 | $31,900 |
| 2020 | $2,022 | $36,100 | $6,100 | $30,000 |
| 2019 | $1,937 | $35,200 | $6,100 | $29,100 |
| 2018 | $1,817 | $31,700 | $6,100 | $25,600 |
| 2017 | $1,739 | $31,700 | $6,100 | $25,600 |
| 2016 | $1,667 | $31,200 | $6,100 | $25,100 |
| 2015 | $1,667 | $29,600 | $12,222 | $17,378 |
| 2014 | $1,667 | $29,200 | $12,222 | $16,978 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $310,000 | -- | $185 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $42,000 | -- | |
| Deed | $36,000 | -- |
Source: Public Records
About the Listing Agent
I am Listing Specialist on The SELLING Team with over 10 years in the real estate industry. My start in the real estate world is a unique one. Prior to obtaining my license, I worked as an Administrative Assistant on The SELLING Team where I specialized in Listing Management and Marketing. I enjoyed creating great relationships and helping clients so much so that I decided to take the leap and become an Agent herself. I have an extensive understanding of the real estate industry from both an
Morgan's Other Listings
Source: Greater Lansing Association of Realtors®
MLS Number: 287209
APN: 01-01-14-354-151
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