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311 N Magnolia Ave
B+ Composite 77.06
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 +29.8/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.7/10.0
  • 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

$99,900

311 N Magnolia Ave · Lansing, MI 48912
3 bd · 1.0 ba · 910 sqft · SingleFamily public records · 46 Days on market
Built 1912 413 sqft lot $110/sqft · 32% below area Est $147k · 32% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal. .. Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

Key facts

  • Nice size deck
  • Garage
  • Built 1912

Tags

ORIGINAL HARDWOOD FLOORSONE CAR DETACHED GARAGENICE SIZE DECKNEAR PUBLIC TRANSPORTATION

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $366 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).
  • Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
  • Cap rate 10.7% 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); 98 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 63% of comp listings sitting > 30 days — soft ceiling on asking rent; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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 $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 46 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 10y ago; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $72k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: property tax is 2.8% of price; built in 1912 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $96,903 (3.0% below list)

Questions for the listing agent

  1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1912 — 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. 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
1.47%
Cap rate
10.69%
Cash-on-cash
15.70%
DSCR
1.70
GRM
5.7

CMA / ARV

ARV (median comp)
$146,744
List price
$99,900
Delta
-31.92%
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
311 N Magnolia Ave 0.00mi 3/1.0 910 (0%) 1mo $102,000 $112 100
605 N Clemens Ave 0.25mi 3/1.0 1,004 (+10%) 1mo $169,900 $169 70
404 S Hayford Ave 0.47mi 2/1.0 (-1) 884 (-3%) 2mo $58,000 $66 67
646 S Clemens Ave 0.73mi 3/1.0 912 (+0%) 1mo $105,100 $115 64
605 N Fairview Ave 0.23mi 3/1.0 1,046 (+15%) 1mo $177,000 $169 63
509 Clifford St 0.73mi 3/1.0 936 (+3%) 0mo $32,000 $34 61
531 S Hayford Ave 0.61mi 3/1.0 960 (+6%) 3mo $100,000 $104 60
421 S Clemens Ave 0.51mi 2/1.0 (-1) 839 (-8%) 1mo $110,000 $131 57
520 S Leslie St 0.63mi 2/1.0 (-1) 840 (-8%) 1mo $113,000 $135 52
400 Lathrop St 0.63mi 3/2.0 1,003 (+10%) 1mo $115,000 $115 48
206 Custer Ave 0.45mi 2/1.0 (-1) 1,040 (+14%) 2mo $132,000 $127 48
823 Maryland Ave 0.67mi 3/2.0 1,044 (+15%) 1mo $129,000 $124 39

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
11.5%
Equity multiple
1.48×
Total profit
$13,388
Equity at exit
$14,895
10-year hold
IRR
23.8%
Equity multiple
3.49×
Total profit
$69,589
Equity at exit
$8,638

Cash invested: $27,972 (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.

ZIP-level market 48912

Rents YoY
7.0%
Active inventory
98
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$1,470 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$229 /mo · $2,754/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$309
Net cashflow
$366

Break-even live

Break-even rent $1,006
Max offer price $99,900
Occupancy floor 70%

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
$24,975
Closing costs
$2,997
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 27 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
414 N Hayford Ave Lansing, MI 3.0 1.0 990 $1,425 $1.44 43d 1 0.14mi
2222 E Michigan Ave Unit 411 Lansing, MI 2.0 2.0 900 $1,700 $1.89 21d 1 0.18mi
2222 E Michigan Ave Unit 206 Lansing, MI 2.0 2.0 900 $1,700 $1.89 43d 1 0.19mi
1629 E Michigan Ave Unit 306 Lansing, MI 2.0 1.0 901 $1,550 $1.72 43d 1 0.35mi
2208 Marcus St Lansing, MI 3.0 1.0 616 $1,175 $1.91 21d 1 0.52mi
936 N Fairview Ave Lansing, MI 1.0–2.0 1.0 825 $1,245 $1.51 43d 2 0.57mi
2620 Senate Dr Lansing, MI 1.0–2.0 1.0–2.0 950 $1,800 $1.89 43d 1 0.65mi
1228 N Fairview Ave Lansing, MI 3.0 2.0 1100 $1,700 $1.55 43d 1 0.80mi
1115 Chester Rd Unit Two Bedroom Lansing, MI 2.0 1.5 1100 $1,200 $1.09 43d 1 0.81mi
824 Cleveland St Lansing, MI 2.0 1.0 839 $1,150 $1.37 21d 1 0.83mi
2937 Kenwick Cir Unit 2928 2931 2936 Lansing, MI 2.0 1.0 922 $999 $1.08 21d 1 0.84mi
1245 Weber Dr Unit 2 Lansing, MI 2.0 1.0 700 $1,250 $1.79 43d 1 0.84mi
208 S Bingham St Lansing, MI 4.0 1.0 1020 $1,500 $1.47 13d 1 0.89mi
730 Johnson Ave Lansing, MI 2.0 1.0 840 $1,225 $1.46 43d 1 0.90mi
910 Dakin St Lansing, MI 3.0 1.0 908 $1,295 $1.43 43d 1 0.94mi
905 E Shiawassee St Unit 837-02 Lansing, MI 2.0 1.0 800 $750 $0.94 43d 1 0.98mi
905 E Shiawassee St Unit 837-01 Lansing, MI 2.0 1.0 800 $850 $1.06 43d 1 0.98mi
1100 Malcolm X St Unit B Lansing, MI 2.0 1.0 979 $1,050 $1.07 13d 1 1.11mi
507 S Hosmer St Lansing, MI 2.0 1.0 1120 $1,075 $0.96 43d 1 1.18mi
805 Bement St Unit Hosmer 507 Lansing, MI 2.0 1.0 1120 $1,075 $0.96 43d 1 1.19mi
113 Pere Marquette Dr Lansing, MI 1.0–2.0 1.0–2.0 1065 $2,250 $2.11 13d 9 1.21mi
1223 Bensch St Lansing, MI 3.0 1.0 850 $1,200 $1.41 21d 1 1.24mi
620 May St Lansing, MI 1.0–2.0 1.0–2.0 1126 $1,578 $1.40 13d 12 1.26mi
832 N Larch St Apt 3 Lansing, MI 2.0 1.0 890 $1,095 $1.23 43d 1 1.34mi
1561 Massachusetts Ave Lansing, MI 3.0 2.0 1100 $1,400 $1.27 43d 1 1.35mi
1705 Coolidge Rd East Lansing, MI 2.0 1.0 960 $1,200 $1.25 43d 1 1.42mi
1502 S Shore Dr East Lansing, MI 3.0 1.0–2.0 689 $1,900 $2.76 13d 14 1.46mi

Listing history 32 events

  1. 2026-05-14
    status Active 1183-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  2. 2026-05-14
    status Active 1182-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  3. 2026-05-13
    status Pending 1183-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  4. 2026-05-13
    status Pending 1182-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  5. 2026-05-04
    price $99,900 1183-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  6. 2026-05-04
    price $99,900 1182-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  7. 2026-04-09
    listed $109,900 Active 1183-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  8. 2026-04-09
    listed $109,900 Active 1182-char remark
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  9. 2026-04-09
    historical
    Show marketing remark (1182 chars)

    I just need some LOVE!!! 311 North Magnolia St in Lansing! This two-story property offers a solid opportunity for flippers, landlords, or anyone looking to add value and love to a home. Featuring three bedrooms and one full bath on the second floor, the layout is functional and well-suited for a rental or resale after updates. The main level includes a spacious living and dining area with original hardwood floors that are ready to be refinished and brought back to life. Large windows provide ample natural light, giving the home great potential for a bright, modern feel with the right improvements. The kitchen offers a workable footprint and is primed for renovation to increase value and appeal. With good bones, a desirable layout, and strong upside potential, this property is ideal... Outside, you'll find a one-car detached garage for added storage and convenience, and a nice size deck off the back slider door. The location is hard to beat, centrally situated near shopping, the hospital, and public transportation, making daily errands and commuting simple. A wonderful opportunity to own a home that blends classic charm, practical space, and an unbeatable location.

  10. 2026-03-30
    historical Active Under Contract
  11. 2026-03-18
    price $114,900
  12. 2026-03-18
    price $114,900
  13. 2026-03-03
    status Active
  14. 2026-02-27
    historical Active Under Contract
  15. 2026-02-18
    price $119,900
  16. 2026-02-18
    price $119,900
  17. 2026-02-06
    listed $129,900 Active
  18. 2019-03-27
    soldstatus $72,000
  19. 2019-03-21
    soldstatus $72,000
  20. 2019-03-21
    soldstatus $72,000
  21. 2019-01-11
    listed $74,900
  22. 2019-01-11
    listed $74,900
  23. 2017-02-01
    soldstatus $65,000
  24. 2017-01-27
    soldstatus $65,000
  25. 2017-01-27
    soldstatus $65,000
  26. 2017-01-20
    listed $77,000
  27. 2017-01-20
    listed $77,000
  28. 2016-12-30
    historical
  29. 2016-12-30
    historical
  30. 2016-09-21
    listed $69,900
  31. 2016-09-21
    listed $69,900
  32. 2000-03-01
    soldstatus $41,200

ⓘ 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
$2,754 · $229/mo
Projected year-2 tax
$2,754 · $229/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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,634
− Mortgage interest
−$5,596
− Property taxes
−$2,754
− Insurance
−$500
− Repairs & maintenance
−$1,411
− Management
−$1,411
− Depreciation
−$2,906
Taxable income
$3,057
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$734
After-tax cash flow
$3,657/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

Price history

+142.5% since first listed
32 events — show timeline
  • 2026-05-14 Relisted REALCOMP
  • 2026-05-14 Relisted Greater Lansing AoR
  • 2026-05-13 Pending REALCOMP
  • 2026-05-13 Pending Greater Lansing AoR
  • 2026-05-04 Price Changed $99,900 REALCOMP
  • 2026-05-04 Price Changed $99,900 Greater Lansing AoR
  • 2026-04-09 Listed $109,900 REALCOMP
  • 2026-04-09 Listing Removed REALCOMP
  • 2026-04-09 Listed $109,900 Greater Lansing AoR
  • 2026-03-30 Contingent REALCOMP
  • 2026-03-18 Price Changed $114,900 REALCOMP
  • 2026-03-18 Price Changed $114,900 Greater Lansing AoR
  • 2026-03-03 Relisted REALCOMP
  • 2026-02-27 Contingent REALCOMP
  • 2026-02-18 Price Changed $119,900 REALCOMP
  • 2026-02-18 Price Changed $119,900 Greater Lansing AoR
  • 2026-02-06 Listed $129,900 REALCOMP
  • 2019-03-27 Sold (Public Records) $72,000 Public Records
  • 2019-03-21 Sold (MLS) $72,000 Greater Lansing AoR
  • 2019-03-21 Sold (MLS) $72,000 REALCOMP
  • 2019-01-11 Listed $74,900 Greater Lansing AoR
  • 2019-01-11 Listed $74,900 REALCOMP
  • 2017-02-01 Sold (Public Records) $65,000 Public Records
  • 2017-01-27 Sold (MLS) $65,000 Greater Lansing AoR
  • 2017-01-27 Sold (MLS) $65,000 REALCOMP
  • 2017-01-20 Listed $77,000 Greater Lansing AoR
  • 2017-01-20 Listed $77,000 REALCOMP
  • 2016-12-30 Listing Removed Greater Lansing AoR
  • 2016-12-30 Listing Removed REALCOMP
  • 2016-09-21 Listed $69,900 Greater Lansing AoR
  • 2016-09-21 Listed $69,900 REALCOMP
  • 2000-03-01 Sold (Public Records) $41,200 Public Records

Property tax history

-4.4%/yr

Latest (2025): $2,754 · +3.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…