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Sold on 11/30/2018

4325 Gull Rd, Lansing, MI 48917

$221,000

Last sold 11/30/2018 for $165K

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    bed

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    bath

Multi-family not for sale
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About 4325 Gull Rd

Property type Multi-family
Year built 1976
HOA fee $0/month
Lot size 0.49 Acre
Movoto estimate
Rental estimate
Property description
Long term tenant in unit #4323; Pays $850/month less $65/month for appliances protection plan. Completely updated unit #4325 with one bedroom & 1.5 bath above with two bedrooms & 1 bath below. Newer appliances in both units. Unit #4325 could be owner occupied or rented for $1000-$1200/month. Check out this great opportunity!
Listed by
Listing Agent - Eric Grill
Listing Office - Coldwell Banker Realty-East Lansing
Source: Greater Lansing Area Realtors mls logo
MLS#232256 • last updated 5 years ago
Movoto checked Greater Lansing Area Realtors for data 1 hour ago
Overview
Heating Forced Air, Natural Gas
Levels/Style One, Ranch
MLS # 232256
Status Closed
Lot Size (Acres) 0.49
Lot Size (Sqft) 21344.4
Tax Assessed Value 68445
Year Built 1976
Interior
Basement Finished, Walk-Out Access
Appliances Gas Water Heater
Exterior
Roof Shingle
Construction Aluminum Siding, Brick
# of Parking Spaces 6
Parking Attached
Patio/Porch Covered
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Location
Subdivision Lantern
High School District Waverly
APN 040-061-501-230-00
Directions W. SAINT JOE HWY TO HARVEST LANE SOUTH TO GULL ROAD
Multifamily Details
Total # of Units 2
Net Operating Income 1850
$221K
Range: $198K-$243K
Last 30 days 
Rental est.: $720/month
Gross rent multiplier: 19.1
  • Feb 2020
    mls logo MLS # 232256
  • Feb 10, 2020 Sold
    $165,000
  • Nov 21, 2018 Listed
    $161,900
  • Jan 2019
    Public Records
  • Jan 18, 2019 Sold
    $165,000 (+1.9%)
  • Year Property taxes Tax assessment
  • 2024
    $4,228 +4.2%
    $111,000 +11.67%
  • 2023
    $4,056 +10.0%
    $99,400 +7.0%
  • 2022
    $3,687 +0.9%
    $92,900 +9.17%
  • 2021
    $3,652
    $85,100 +3.03%
  • 2020
    $3,652 +10.4%
    $82,600 -49.03%
  • 2019
    $3,309 -20.0%
    $162,071
  • 2018
    $4,137 +16.2%
    $162,071 +130.87%
  • 2016
    $3,561
    $70,200
  • 4325 Gull Rd
    $165K
  • —
  • 48917
    $279K +7% y/y
  • Lansing
    $150K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Waverly Senior High School
public Grades 9-12
Waverly Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

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