1024 Eureka St · Lansing, MI 48912

$59,900

None bd · 2.0 ba · 1,200 sqft · SingleFamily public records · 183 Days on market

Built 1906 2,613 sqft lot ↓ 9% since listing

---

Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +4.3/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

Key facts

• Updated kitchen
• Updated bathroom
• 2,613 sq ft lot

Tags

• UPDATED KITCHEN
• UPDATED BATHROOM

What this means for you Summary

Snapshot

• This is a ?-bed/2.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $604 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.4% 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 (+7.0%/yr); 100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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 $414 of loan paydown is wiped out by about $2k 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 + 7.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 183 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 6y ago; this cycle's ask has dropped $20k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1906 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $52,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 183 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 1906 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 2.15% ✓
• Cap rate: 18.39%
• Cash-on-cash: 43.20%
• DSCR: 2.92
• GRM: 3.9

CMA / ARV

• ARV (median comp): $187,103
• List price: $59,900
• Delta: -67.99%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
213 S Bingham St	0.04mi	3/2.0	1,218 (+2%)	0mo	$178,500	$147	95
316 Jones St	0.14mi	4/1.0	1,176 (-2%)	1mo	$70,500	$60	86
314 Bingham St	0.11mi	3/1.0	1,144 (-5%)	2mo	$75,000	$66	82
1116 Hickory St	0.24mi	3/1.5	1,232 (+3%)	2mo	$70,612	$57	80
226 S 8th St	0.17mi	2/1.0	1,243 (+4%)	4mo	$70,000	$56	79
125 Ferguson St	0.31mi	3/1.0	1,232 (+3%)	5mo	$185,000	$150	73
1240 Climax St	0.55mi	3/1.0	1,144 (-5%)	0mo	$109,900	$96	62
1024 E Malcolm X St	0.47mi	3/1.0	1,104 (-8%)	3mo	$145,000	$131	58
206 Custer Ave	0.45mi	2/1.0	1,040 (-13%)	2mo	$132,000	$127	51
1224 Walsh St	0.69mi	2/1.5	1,080 (-10%)	5mo	$119,000	$110	45
838 May St	0.70mi	4/2.0	1,378 (+15%)	5mo	$112,000	$81	38
424 S Clemens	0.74mi	3/1.0	1,056 (-12%)	4mo	$96,000	$91	38

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 · 7.02% rent growth · sell at horizon

5-year hold

• IRR: 44.5%
• Equity multiple: 3.04×
• Total profit: $34,185
• Equity at exit: $8,931

10-year hold

• IRR: 52.3%
• Equity multiple: 7.17×
• Total profit: $103,528
• Equity at exit: $5,179

Cash invested: $16,772 (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 48912

• Rents YoY: 7.0%
• Active inventory: 100
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,288 high
• Mortgage (P&I): −$314
• Tax est. 1.5%: −$75 /mo · $898/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $604

Break-even live

Break-even rent $524

Max offer price $59,900

Occupancy floor 48%

Sensitivity live

Price	-10% $645	-5% $624	+0% $604	+5% $583	+10% $562
Rent	-10% $502	-5% $553	+0% $604	+5% $655	+10% $705
Rate	-1.0pp $634	-0.5pp $619	base $604	+0.5pp $588	+1.0pp $572

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
507 S Hosmer St Lansing, MI	2.0	1.0	1120	$1,075	$0.96	45d	1	0.31mi
805 Bement St Unit Hosmer 507 Lansing, MI	2.0	1.0	1120	$1,075	$0.96	45d	1	0.32mi
113 Pere Marquette Dr Lansing, MI	1.0–2.0	1.0–2.0	1065	$2,250	$2.11	15d	9	0.37mi
905 E Shiawassee St Unit 837-02 Lansing, MI	2.0	1.0	800	$750	$0.94	45d	1	0.39mi
905 E Shiawassee St Unit 837-01 Lansing, MI	2.0	1.0	800	$850	$1.06	45d	1	0.39mi
1100 Malcolm X St Unit B Lansing, MI	2.0	1.0	979	$1,050	$1.07	15d	1	0.47mi
409 Lathrop St Lansing, MI	2.0	1.0	1342	$1,500	$1.12	22d	1	0.47mi
1027 Climax St Lansing, MI	3.0	1.5	1298	$1,550	$1.19	15d	1	0.50mi
1629 E Michigan Ave Unit 306 Lansing, MI	2.0	1.0	901	$1,550	$1.72	45d	1	0.56mi
910 Dakin St Lansing, MI	3.0	1.0	908	$1,295	$1.43	45d	1	0.56mi
1030 S Holmes St Lansing, MI	1.0	1.0–1.5	812	$1,595	$1.96	15d	11	0.61mi
335 E Saint Joseph St Unit 6 Lansing, MI	2.0	1.0	700	$949	$1.36	45d	1	0.66mi
730 Johnson Ave Lansing, MI	2.0	1.0	840	$1,225	$1.46	45d	1	0.69mi
329 S Clemens Ave Lansing, MI	3.0	1.0	1194	$1,400	$1.17	22d	1	0.76mi
620 May St Lansing, MI	1.0–2.0	1.0–2.0	1126	$1,578	$1.40	15d	12	0.77mi
2010 E Michigan Ave Unit 209 Lansing, MI	1.0	1.0	730	$1,350	$1.85	15d	1	0.77mi
401 S Washington Sq Unit 205 Lansing, MI	2.0	1.0	968	$1,355	$1.40	45d	1	0.77mi
401 S Washington Sq Unit 212 Lansing, MI	1.0	1.0	827	$1,330	$1.61	45d	1	0.77mi
401 S Washington Sq Unit 201 Lansing, MI	3.0	1.0	1254	$1,560	$1.24	45d	1	0.77mi
824 Cleveland St Lansing, MI	2.0	1.0	839	$1,150	$1.37	22d	1	0.78mi
732 Maryland Ave Lansing, MI	1.0	1.0	771	$1,550	$2.01	22d	1	0.78mi
1223 Bensch St Lansing, MI	3.0	1.0	850	$1,200	$1.41	22d	1	0.85mi
832 N Larch St Apt 3 Lansing, MI	2.0	1.0	890	$1,095	$1.23	45d	1	0.87mi
2222 E Michigan Ave Unit 411 Lansing, MI	2.0	2.0	900	$1,700	$1.89	22d	1	0.91mi
2222 E Michigan Ave Unit 206 Lansing, MI	2.0	2.0	900	$1,700	$1.89	45d	1	0.92mi
1102 Clark St Lansing, MI	3.0	1.0	1232	$1,550	$1.26	22d	1	0.98mi
920 S Washington Ave Lansing, MI	1.0–2.0	1.0–2.0	900	$1,250	$1.39	15d	1	0.99mi
414 N Hayford Ave Lansing, MI	3.0	1.0	990	$1,425	$1.44	45d	1	1.02mi
1420 S Pennsylvania Ave Lansing, MI	1.0	1.0	700	$750	$1.07	22d	3	1.03mi
1424 S Pennsylvania Ave Lansing, MI	1.0	1.0	700	$915	$1.31	45d	1	1.04mi
433 Seymour Ave Unit 3 Lansing, MI	3.0	1.0	1250	$1,395	$1.12	45d	1	1.05mi
515 S Chestnut St Lansing, MI	1.0	1.0	646	$942	$1.46	15d	8	1.11mi
524 N Walnut St Lansing, MI	2.0	1.0	1000	$1,150	$1.15	45d	1	1.12mi
323 W Saginaw St Unit 1 Lansing, MI	1.0	1.0	1000	$1,000	$1.00	45d	1	1.16mi
316 W Saginaw St Unit 318 Lansing, MI	1.0	1.0	750	$950	$1.27	45d	1	1.16mi
410 W Lapeer St Unit 1 Lansing, MI	2.0	1.0	800	$1,050	$1.31	22d	1	1.18mi
936 N Fairview Ave Lansing, MI	1.0–2.0	1.0	825	$1,245	$1.51	45d	2	1.20mi
1016 N Capitol Ave Unit 1 Lansing, MI	1.0	1.0	700	$850	$1.21	45d	1	1.25mi
826 N Walnut St Lansing, MI	1.0	1.0	700	$700	$1.00	45d	2	1.25mi
314 N Sycamore St Unit 1 Lansing, MI	1.0	1.0	800	$1,450	$1.81	45d	1	1.27mi

Listing history 39 events

1. 2026-06-13
   status $59,900 Pending 183 DOM
2. 2026-06-10
   days on market $59,900 Active 183 DOM
3. 2026-06-09
   days on market $59,900 Active 182 DOM
4. 2026-06-08
   days on market $59,900 Active 181 DOM
5. 2026-06-07
   days on market $59,900 Active 180 DOM
6. 2026-06-05
   days on market $59,900 Active 177 DOM
7. 2026-06-03
   days on market $59,900 Active 176 DOM
8. 2026-06-02
   days on market $59,900 Active 175 DOM
9. 2026-06-01
   days on market $59,900 Active 174 DOM
10. 2026-05-31
    pricedays on market $59,900 Active 173 DOM
11. 2026-05-30
    days on market $69,900 Active 172 DOM
12. 2026-05-14
    status Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

13. 2026-05-14
    status Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

14. 2026-05-04
    historical Active Under Contract 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

15. 2026-05-04
    historical Active Under Contract 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

16. 2026-03-04
    price $69,900 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

17. 2026-03-04
    price $69,900 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

18. 2026-01-19
    status Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

19. 2026-01-19
    price $74,900 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

20. 2026-01-19
    status Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

21. 2026-01-19
    price $74,900 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

22. 2026-01-09
    historical Active Under Contract 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

23. 2026-01-09
    historical Active Under Contract 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

24. 2025-12-09
    listed $79,900 Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

25. 2025-12-09
    listed $79,900 Active 476-char remark

    Show marketing remark (476 chars)

    This duplex is centrally located within walking distance to Sparrow hospital, the State Capitol and downtown Lansing. The downstairs features an updated kitchen and bathroom and is a turn-key rental. The upstairs is a value-add opportunity for anyone skilled or with the resources to make some improvements. Utilities are not split. Home could be easily converted back into a single-family dwelling if desired. Priced to sell. Call or text listing agent for a private showing.

26. 2022-11-28
    soldstatus $58,000
27. 2022-11-22
    soldstatus $58,000 Closed
28. 2022-11-22
    soldstatus $58,000
29. 2022-10-31
    status Pending
30. 2022-08-10
    listed $69,000 Active
31. 2022-08-10
    listed $69,000
32. 2021-12-15
    historical
33. 2021-12-15
    historical
34. 2021-06-17
    listed $77,000 Active
35. 2021-06-17
    listed $77,000
36. 2021-03-30
    historical
37. 2021-03-29
    historical
38. 2020-10-05
    listed $77,000 Active
39. 2020-10-05
    listed $77,000

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

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 ≥96°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: $15,458
• − Mortgage interest: −$3,355
• − Property taxes: −$898
• − Insurance: −$300
• − Repairs & maintenance: −$1,237
• − Management: −$1,237
• − Depreciation: −$1,743
• Taxable income: $6,689
• Est. tax owed @ 24.0%: −$1,605
• After-tax cash flow: $5,639/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): 17,674
• Household income: $54,429
• Rent vs Own: 56.0% rent · 44.0% own
• Severe rent burden: 1171.0

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 0.62)
• Race & ethnicity: White 56% Black 22% Two or more races 12% Hispanic / Latino 10% Asian 4%
• Hispanic origin (detail): Mexican 6% Cuban 1%
• Common ancestry: Romanian 5% Iranian 4% Lithuanian 3%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 84% English-only · Spanish 5% French/Haitian/Cajun 1% Korean 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: ▼ -167.67%
• Current HPI: 171.1549
• Rent YoY: ▲ 7.02%
• 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

-9.2% since first listed

28 events — show timeline

• 2026-05-14 Relisted — REALCOMP
• 2026-05-14 Relisted — Greater Lansing AoR
• 2026-05-04 Contingent — REALCOMP
• 2026-05-04 Contingent — Greater Lansing AoR
• 2026-03-04 Price Changed $69,900 REALCOMP
• 2026-03-04 Price Changed $69,900 Greater Lansing AoR
• 2026-01-19 Relisted — REALCOMP
• 2026-01-19 Price Changed $74,900 REALCOMP
• 2026-01-19 Relisted — Greater Lansing AoR
• 2026-01-19 Price Changed $74,900 Greater Lansing AoR
• 2026-01-09 Contingent — REALCOMP
• 2026-01-09 Contingent — Greater Lansing AoR
• 2025-12-09 Listed $79,900 REALCOMP
• 2025-12-09 Listed $79,900 Greater Lansing AoR
• 2022-11-28 Sold (Public Records) $58,000 Public Records
• 2022-11-22 Sold (MLS) $58,000 REALCOMP
• 2022-11-22 Sold (MLS) $58,000 Greater Lansing AoR
• 2022-10-31 Pending — Greater Lansing AoR
• 2022-08-10 Listed $69,000 REALCOMP
• 2022-08-10 Listed $69,000 Greater Lansing AoR
• 2021-12-15 Listing Removed — REALCOMP
• 2021-12-15 Listing Removed — Greater Lansing AoR
• 2021-06-17 Listed $77,000 REALCOMP
• 2021-06-17 Listed $77,000 Greater Lansing AoR
• 2021-03-30 Listing Removed — REALCOMP
• 2021-03-29 Listing Removed — Greater Lansing AoR
• 2020-10-05 Listed $77,000 Greater Lansing AoR
• 2020-10-05 Listed $77,000 REALCOMP

Property tax history

+7.2%/yr

Latest (2025): $3,350 · +2.9% YoY. Source: county tax records.