809 Seymour Ave · Lansing, MI 48906

$130,000

3 bd · 1.5 ba · 1,776 sqft · SingleFamily public records · 203 Days on market

Built 1890 0.25 ac lot $73/sqft · 16% below area Est $155k · 16% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.8/30.0
• ARV discount +14.9/15.0
• 1% rule +7.0/10.0
• DSCR +6.6/10.0
• Rent growth +5.0/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

Key facts

• Formal dining room
• Easy access to i-496
• Cozy fireplace

Tags

• STEPS FROM THE LCC CAMPUS
• EASY ACCESS TO I-496
• SPACIOUS LIVING ROOM
• COZY FIREPLACE
• GORGEOUS VINYL FLOORING
• FORMAL DINING ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $178 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 6.0% in Lansing — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#94 in MI, #2,182 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, schools F, crime F.
• Lansing Public School District (urban): math 14% / reading 23% proficiency, ranked #650 of 760 in MI (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+10.5%/yr); 138 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Ingham County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 203 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 19y ago; this cycle's ask has dropped $40k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 203 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.20% ✓
• Cap rate: 7.93%
• Cash-on-cash: 5.85%
• DSCR: 1.26
• GRM: 6.9

CMA / ARV

• ARV (median comp): $155,436
• List price: $130,000
• Delta: -16.36%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
514 W Genesee St	0.31mi	3/1.5	1,757 (-1%)	1mo	$212,500	$121	83
610 N Pine St	0.26mi	3/1.5	1,800 (+1%)	8mo	$187,700	$104	80
423 N Pine St	0.39mi	3/2.0	1,767 (-0%)	5mo	$215,000	$122	75
810 N Walnut St	0.05mi	3/2.0	1,570 (-12%)	7mo	$156,500	$100	71
418 N Sycamore St	0.42mi	3/2.0	1,880 (+6%)	7mo	$220,000	$117	63
506 W Oakland Ave	0.18mi	4/2.5 (+1)	1,944 (+10%)	7mo	$113,500	$58	61
820 Princeton Ave	0.51mi	4/1.5 (+1)	1,692 (-5%)	4mo	$129,900	$77	60
737 Princeton Ave	0.53mi	3/1.5	2,004 (+13%)	0mo	$190,550	$95	54
516 Bartlett St	0.68mi	3/1.5	1,874 (+6%)	8mo	$219,500	$117	53
705 Princeton Ave	0.53mi	4/3.0 (+1)	1,662 (-6%)	4mo	$115,000	$69	50
805 Bancroft Ct	0.47mi	4/2.0 (+1)	1,986 (+12%)	7mo	$102,500	$52	46
430 Pearl St	0.66mi	3/2.5	1,608 (-10%)	5mo	$90,000	$56	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -0.9%
• Equity multiple: 0.96×
• Total profit: $-1,376
• Equity at exit: $19,383

10-year hold

• IRR: 13.9%
• Equity multiple: 2.41×
• Total profit: $51,453
• Equity at exit: $11,240

Cash invested: $36,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48906

• Rents YoY: 10.5%
• Active inventory: 138
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,563 high
• Mortgage (P&I): −$682
• Tax from tax record: −$321 /mo · $3,858/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $178

Break-even live

Break-even rent $1,338

Max offer price $130,000

Occupancy floor 84%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
433 Seymour Ave Unit 3 Lansing, MI	3.0	1.0	1250	$1,395	$1.12	43d	1	0.32mi
620 May St Lansing, MI	1.0–2.0	1.0–2.0	1126	$1,578	$1.40	13d	12	0.64mi
1012 Ontario St Lansing, MI	4.0	2.0	1320	$1,600	$1.21	21d	1	0.72mi
113 Pere Marquette Dr Lansing, MI	1.0–2.0	1.0–2.0	1065	$2,250	$2.11	13d	9	0.88mi
921 Linden Grove Ave Lansing, MI	3.0	1.0	1694	$1,499	$0.88	43d	1	0.93mi
401 S Washington Sq Unit 201 Lansing, MI	3.0	1.0	1254	$1,560	$1.24	43d	1	0.95mi
1102 Clark St Lansing, MI	3.0	1.0	1232	$1,550	$1.26	21d	1	1.24mi

Listing history 43 events

1. 2026-06-18
   days on market $130,000 Active 203 DOM
2. 2026-06-17
   days on market $130,000 Active 202 DOM
3. 2026-06-15
   days on market $130,000 Active 222 DOM
4. 2026-06-14
   days on market $130,000 Active 220 DOM
5. 2026-06-13
   days on market $130,000 Active 219 DOM
6. 2026-06-10
   pricedays on market $130,000 Active 217 DOM
7. 2026-06-09
   days on market $150,000 Active 216 DOM
8. 2026-06-08
   days on market $150,000 Active 215 DOM
9. 2026-06-07
   days on market $150,000 Active 214 DOM
10. 2026-06-05
    days on market $150,000 Active 211 DOM
11. 2026-06-03
    days on market $150,000 Active 210 DOM
12. 2026-06-02
    days on market $150,000 Active 209 DOM
13. 2026-06-01
    days on market $150,000 Active 208 DOM
14. 2026-05-31
    days on market $150,000 Active 207 DOM
15. 2026-05-30
    days on market $150,000 Active 206 DOM
16. 2026-05-12
    status Pending 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

17. 2026-05-12
    status Pending 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

18. 2026-01-23
    price $150,000 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

19. 2026-01-23
    price $150,000 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

20. 2026-01-05
    status Active 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

21. 2026-01-05
    status Active 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

22. 2025-12-22
    historical Active Under Contract 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

23. 2025-12-22
    historical Active Under Contract 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

24. 2025-12-16
    status Pending 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

25. 2025-12-16
    status Pending 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

26. 2025-12-11
    price $160,000 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

27. 2025-12-11
    price $160,000 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

28. 2025-10-15
    listed $169,900 Active 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

29. 2025-10-15
    listed $169,900 Active 1791-char remark

    Show marketing remark (1791 chars)

    Welcome to this charming 3-bedroom, 3-bathroom home perfectly located in the heart of Lansing! Just steps from the LCC campus, downtown Lansing, and Adado Riverfront Park, this home offers convenience and comfort with easy access to I-496 for everyday commuters. Step into the spacious living room, flooded with natural light and featuring a cozy fireplace, making it an ideal spot to unwind. The gorgeous vinyl flooring throughout the main level adds a modern touch. Entertain in style in the formal dining room, perfect for family gatherings and holiday dinners. The beautifully updated kitchen is equipped with all appliances and offers a lovely view of the sprawling backyard. A full bathroom on the main level adds extra convenience. Head down to the basement, where you'll find a versatile bonus room, ideal for a game room or home office, along with the laundry room and a second full bathroom. There's ample space for storage and endless possibilities for use. Upstairs, you'll find three generously sized bedrooms, each offering comfort and plenty of closet space. The hallway features built-ins for additional storage, and a third full bathroom makes mornings easy for everyone. An office or craft room filled with natural light is perfect for working from home or pursuing your hobbies. There's even access to the attic/loft, offering even more space for storage or to be transformed into a cozy hideaway. Step outside to your private backyard oasis, complete with a patio that's perfect for summer cookouts and outdoor entertaining. The 1-car detached garage provides ample storage space and will keep your vehicle snow-free in the winter months. This home offers space, style, and an unbeatable location. Don't miss the opportunity to make it yours, schedule your showing today!

30. 2025-02-07
    historical
31. 2025-02-07
    historical
32. 2024-11-15
    price $159,900
33. 2024-10-02
    listed $169,900 Active
34. 2024-10-02
    listed $159,900
35. 2022-06-24
    soldstatus $127,000
36. 2022-06-22
    status Pending
37. 2022-06-22
    soldstatus $127,000 Closed
38. 2022-06-22
    soldstatus $127,000
39. 2022-05-16
    listed $139,900 Active
40. 2022-05-16
    listed $139,900
41. 2008-09-29
    soldstatus $78,000
42. 2008-09-24
    soldstatus $78,000
43. 2007-10-08
    listed $84,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,858 · $321/mo
• Projected year-2 tax: $3,858 · $321/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,758
• − Mortgage interest: −$7,282
• − Property taxes: −$3,858
• − Insurance: −$650
• − Repairs & maintenance: −$1,501
• − Management: −$1,501
• − Depreciation: −$3,782
• Taxable income: $185
• Est. tax owed @ 24.0%: −$44
• After-tax cash flow: $2,086/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lansing Public School District
• NCES district ID: 2621150
• Math proficiency: 14% ▲ 1.00%
• Reading proficiency: 23% ▲ 3.00%
• Median HH income: $37,453
• Composite: 18.76/100
• National rank: #14002
• State rank: #650 of 760 in MI

Livability — Lansing

• Score: 79/100
• State rank: #94
• US rank: #2182

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lansing, MI
• County: Ingham County · 237,052 people
• City population: 161,269
• Metro: Lansing-East Lansing, MI
• Population (ZIP): 25,901
• Household income: $64,315
• Rent vs Own: 30.7% rent · 69.3% own
• Severe rent burden: 851.0

Population outlook (Ingham County) Hauer SSP2

• Today (2025): 300,362 people
• By 2030: 307,808 · +2.5%
• By 2040: 320,492 · +6.7%
• By 2050: 333,223 · +10.9%
• By 2075: 373,693 · +24.4%
• By 2100: 392,021 · +30.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 64% Black 15% Two or more races 12% Hispanic / Latino 12% Asian 2%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Romanian 3% Lithuanian 2% Iranian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 88% English-only · Spanish 5% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Ingham

• 2024 margin: Strong D (+29.7) · D 63.9% · R 34.2% · Other 2.0%
• 2008→2024 swing: -3.6pp toward R · 2008: 33.3pp · 2024: 29.7pp
• All cycles: 2024: D+29.7 2020: D+32.2 2016: D+27.6 2012: D+27.9 2008: D+33.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -135.54%
• Current HPI: 228.7023
• Rent YoY: ▲ 10.50%
• Metro: Lansing-East Lansing, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+78.6% since first listed

28 events — show timeline

• 2026-05-12 Pending — REALCOMP
• 2026-05-12 Pending — Greater Lansing AoR
• 2026-01-23 Price Changed $150,000 REALCOMP
• 2026-01-23 Price Changed $150,000 Greater Lansing AoR
• 2026-01-05 Relisted — REALCOMP
• 2026-01-05 Relisted — Greater Lansing AoR
• 2025-12-22 Contingent — REALCOMP
• 2025-12-22 Contingent — Greater Lansing AoR
• 2025-12-16 Pending — REALCOMP
• 2025-12-16 Pending — Greater Lansing AoR
• 2025-12-11 Price Changed $160,000 REALCOMP
• 2025-12-11 Price Changed $160,000 Greater Lansing AoR
• 2025-10-15 Listed $169,900 Greater Lansing AoR
• 2025-10-15 Listed $169,900 REALCOMP
• 2025-02-07 Listing Removed — REALCOMP
• 2025-02-07 Listing Removed — Greater Lansing AoR
• 2024-11-15 Price Changed $159,900 Greater Lansing AoR
• 2024-10-02 Listed $159,900 REALCOMP
• 2024-10-02 Listed $169,900 Greater Lansing AoR
• 2022-06-24 Sold (Public Records) $127,000 Public Records
• 2022-06-22 Pending — Greater Lansing AoR
• 2022-06-22 Sold (MLS) $127,000 REALCOMP
• 2022-06-22 Sold (MLS) $127,000 Greater Lansing AoR
• 2022-05-16 Listed $139,900 REALCOMP
• 2022-05-16 Listed $139,900 Greater Lansing AoR
• 2008-09-29 Sold (Public Records) $78,000 Public Records
• 2008-09-24 Sold (MLS) $78,000 Greater Lansing AoR
• 2007-10-08 Listed $84,000 Greater Lansing AoR

Property tax history

+8.8%/yr

Latest (2025): $3,858 · -11.8% YoY. Source: county tax records.