Duplex
1120 Alsdorf St · Lansing, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 2/10 · Minimal
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +4.0/5.0
- Rent growth +3.7/5.0
- Condition / age +2.8/5.0
- Schools +2.0/10.0
- Appreciation +0.0/10.0
$124,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Excellent opportunity for investors or owner-occupants! This versatile 2-unit property features one vacant unit ready for immediate occupancy and another currently occupied, providing instant rental income. Each unit offers comfortable living space with great natural light and functional layouts. Ideal for those looking to live in one unit and rent the other or add a solid income-producing property to their portfolio. Conveniently located near shopping, restaurants, and public transportation, this property is a smart addition to any investment strategy!
Key facts
- Natural light
- 2 unit property
- Rental income
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 8-bed/?-bath units multifamily listed at $125k. Condition is rated average.
Deal economics
- At list price, monthly cash flow is $2k ($29k/yr) — positive. Per door: $1k/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $125k).
- Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
- Cap rate 29.6% vs local median 5.9% 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, 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.
- Zoned schools: Pattengill School (600 students, 88% FRL) — zoned schools average 88% FRL vs 68% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising fast (+4.7%/yr); 303 active listings in the ZIP; 350 units permitted in Ingham County in 2024 (186 in 5+ unit buildings).
- At $2,184/mo per unit this rent would consume 48% of the median local household income ($55k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $864 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 + 4.7% rent growth), your $35k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 341 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 19y ago; this cycle's ask has dropped $24k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $25k; list at $125k implies a 400% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price; built in 1912 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 341 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 3.50% ✓
- Cap rate
- 29.59%
- Cash-on-cash
- 83.19%
- DSCR
- 4.70
- GRM
- 2.4
CMA / ARV
- ARV (median comp)
- $155,000
- List price
- $124,900
- Delta
- -19.42%
- Verdict
- UNDERPRICED
- Comps
- 9 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3705 Burchfield Dr | 1.63mi | 15/10.0 (-1) | 1,184 (-12%) | 2mo | $155,000 | $131 | 24 |
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 · 4.71% rent growth · sell at horizon
- IRR
- 85.6%
- Equity multiple
- 5.06×
- Total profit
- $141,980
- Equity at exit
- $18,623
- IRR
- 89.2%
- Equity multiple
- 11.17×
- Total profit
- $355,620
- Equity at exit
- $10,799
Cash invested: $34,972 (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
Active competition Active MLS
- For sale now
- 1 active
- Median asking
- $85,000 ($77/sqft)
- Median days on market
- 15 d
- This list price
- 100% of active listings are priced below it
- ARV vs active asking
- +51.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 48910
- Rents YoY
- 4.7%
- Active inventory
- 303
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $4,369 medium interval (Pro) →
- Mortgage (P&I)
- −$655
- Tax from tax record
- −$320 /mo · $3,842/yr
- Insurance
- −$52
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$917
- Net cashflow
- $2,424
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 8 | — | $4,368 |
| #1 | 8 | — | $2,184 |
| #2 | 8 | — | $2,184 |
| Total (2 units) | $4,369 | ||
Break-even live
Sensitivity live
| Price | -10% $2,495 | -5% $2,460 | +0% $2,424 | +5% $2,389 | +10% $2,354 |
|---|---|---|---|---|---|
| Rent | -10% $2,079 | -5% $2,252 | +0% $2,424 | +5% $2,597 | +10% $2,769 |
| Rate | -1.0pp $2,487 | -0.5pp $2,456 | base $2,424 | +0.5pp $2,392 | +1.0pp $2,359 |
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
- $31,225
- Closing costs
- $3,747
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1216 W Mount Hope Ave Lansing, MI | 2.0 | 1.0 | 924 | $1,240 | $1.34 | 5d | 1 | 0.41mi |
| 1913 Stirling Ave Unit 1 Lansing, MI | 2.0 | 2.0 | 1100 | $1,200 | $1.09 | 139d | 1 | 0.47mi |
| 1317 Lenore Ave Lansing, MI | 2.0 | 1.5 | 1442 | $850 | $0.59 | 139d | 1 | 0.50mi |
| 1815 Potomac Cir Lansing, MI | 2.0 | 1.0 | 1002 | $1,200 | $1.20 | 109d | 1 | 0.58mi |
| 1828 Davis Ave Lansing, MI | 2.0 | 1.0 | 700 | $1,150 | $1.64 | 139d | 1 | 0.65mi |
| 1330 W Hillsdale St Lansing, MI | 3.0 | 1.0 | 1008 | $1,550 | $1.54 | 139d | 1 | 0.70mi |
| 222 Smith Ave Lansing, MI | 3.0 | 1.0 | — | $1,350 | — | 5d | 1 | 0.71mi |
| 124 W South St Unit 1 Lansing, MI | 1.0 | 1.0 | 600 | $950 | $1.58 | 5d | 1 | 0.76mi |
| 515 S Chestnut St Lansing, MI | 2.0 | 1.0 | 646 | $942 | $1.46 | 5d | 6 | 0.86mi |
| 920 S Washington Ave Lansing, MI | 2.0 | 1.0–2.0 | 975 | $1,190 | $1.22 | 5d | 1 | 0.86mi |
| 532 Townsend St Lansing, MI | 1.0 | 1.0 | — | $750 | — | 139d | 1 | 0.91mi |
| 1109 W Washtenaw St Unit 5 Lansing, MI | 2.0 | 1.0 | 755 | $795 | $1.05 | 139d | 1 | 0.91mi |
| 301 W Lenawee St Lansing, MI | 2.0 | 1.0 | 649 | $1,645 | $2.53 | 5d | 8 | 0.93mi |
| 420 S Walnut St Lansing, MI | 1.0 | 1.0 | 525 | $875 | $1.67 | 139d | 1 | 0.93mi |
| 855 S Washington Ave Lansing, MI | 1.0 | 1.0 | 576 | $1,245 | $2.16 | 139d | 9 | 0.93mi |
| 855 S Washington Ave Lansing, MI | 1.0 | 1.0 | 502 | $1,295 | $2.58 | 5d | 1 | 0.93mi |
| 1017 S Grand Ave Unit 1 Lansing, MI | 1.0 | 1.0 | 600 | $900 | $1.50 | 5d | 1 | 0.95mi |
| 825 S Washington Ave Apt 103 Lansing, MI | 1.0 | 1.0 | 520 | $1,095 | $2.11 | 139d | 1 | 0.96mi |
| 501 S Capitol Ave Lansing, MI | 2.0 | 1.0 | 794 | $1,400 | $1.76 | 5d | 1 | 1.03mi |
| 401 S Washington Sq Unit 212 Lansing, MI | 1.0 | 1.0 | 827 | $1,330 | $1.61 | 139d | 1 | 1.15mi |
| 401 S Washington Sq Unit 201 Lansing, MI | 3.0 | 1.0 | 1254 | $1,560 | $1.24 | 139d | 1 | 1.15mi |
| 401 S Washington Sq Unit 205 Lansing, MI | 2.0 | 1.0 | 968 | $1,355 | $1.40 | 139d | 1 | 1.15mi |
| 401 S Washington Sq Unit 409 Lansing, MI | 2.0 | 1.0 | 1017 | $1,299 | $1.28 | 5d | 1 | 1.15mi |
| 401 S Washington Sq Unit 408 Lansing, MI | 2.0 | 1.0 | 845 | $1,255 | $1.49 | 5d | 1 | 1.15mi |
| 313 E Saint Joseph St Lansing, MI | 2.0 | 1.0 | 475 | $1,150 | $2.42 | 5d | 6 | 1.15mi |
| 915 Loa St Lansing, MI | 2.0 | 1.0 | 674 | $999 | $1.48 | 139d | 1 | 1.16mi |
| 430 Dunlap St Lansing, MI | 2.0 | 1.0 | 940 | $1,450 | $1.54 | 116d | 1 | 1.19mi |
| 335 E Saint Joseph St Unit 14 Lansing, MI | 2.0 | 1.0 | 700 | $925 | $1.32 | 5d | 1 | 1.19mi |
| 335 E Saint Joseph St Unit 6 Lansing, MI | 2.0 | 1.0 | 700 | $949 | $1.36 | 139d | 1 | 1.19mi |
| 534 Norman St Lansing, MI | 2.0 | 1.0 | 690 | $975 | $1.41 | 5d | 1 | 1.19mi |
| 326 E Hillsdale St Unit 8 Lansing, MI | 1.0 | 1.0 | 700 | $895 | $1.28 | 2d | 1 | 1.20mi |
| 215 N Butler Blvd #2 Lansing, MI | 3.0 | 1.0 | — | $1,095 | — | 5d | 1 | 1.20mi |
| 509 Cherry St Unit 2 Lansing, MI | 1.0 | 1.0 | 550 | $975 | $1.77 | 116d | 1 | 1.20mi |
| 219 N Martin Luther King Junior Blvd Unit 1 Lansing, MI | 2.0 | 1.0 | — | $1,450 | — | 139d | 1 | 1.20mi |
| 319 E Hillsdale St Unit 16 Lansing, MI | 2.0 | 1.0 | 700 | $975 | $1.39 | 5d | 1 | 1.20mi |
| 319 E Hillsdale St Apt 7 Lansing, MI | 1.0 | 1.0 | 600 | $845 | $1.41 | 5d | 1 | 1.20mi |
| 334 E Hillsdale St Lansing, MI | 2.0 | 1.0 | — | $1,100 | — | 139d | 1 | 1.21mi |
| 331 E Hillsdale St Unit 2 Lansing, MI | 1.0 | 1.0 | 700 | $895 | $1.28 | 5d | 1 | 1.23mi |
| 3031 S Washington Ave Lansing, MI | 1.0–2.0 | 1.0 | 725 | $1,100 | $1.52 | 139d | 1 | 1.24mi |
| 110 E Allegan St Lansing, MI | 2.0 | 1.0 | — | $1,300 | — | 139d | 1 | 1.30mi |
Listing history 50 events
-
2026-09-24days on market $124,900 Active 341 DOM
-
2026-09-22days on market $124,900 Active 340 DOM
-
2026-09-21days on market $124,900 Active 339 DOM
-
2026-09-20days on market $124,900 Active 338 DOM
-
2026-09-19days on market $124,900 Active 337 DOM
-
2026-09-18days on market $124,900 Active 336 DOM
-
2026-09-17days on market $124,900 Active 335 DOM
-
2026-09-16days on market $124,900 Active 334 DOM
-
2026-09-15days on market $124,900 Active 333 DOM
-
2026-09-14days on market $124,900 Active 332 DOM
-
2026-09-13days on market $124,900 Active 331 DOM
-
2026-09-12days on market $124,900 Active 330 DOM
-
2026-09-11days on market $124,900 Active 329 DOM
-
2026-09-05days on market $124,900 Active 323 DOM
-
2026-09-04days on market $124,900 Active 322 DOM
-
2026-09-03days on market $124,900 Active 321 DOM
-
2026-08-31days on market $124,900 Active 318 DOM
-
2026-08-30days on market $124,900 Active 317 DOM
-
2026-08-29days on market $124,900 Active 316 DOM
-
2026-08-28days on market $124,900 Active 315 DOM
-
2026-08-27days on market $124,900 Active 314 DOM
-
2026-08-25days on market $124,900 Active 312 DOM
-
2026-08-24days on market $124,900 Active 311 DOM
-
2026-08-23days on market $124,900 Active 310 DOM
-
2026-08-22days on market $124,900 Active 309 DOM
-
2026-08-21days on market $124,900 Active 308 DOM
-
2026-08-20days on market $124,900 Active 307 DOM
-
2026-08-19days on market $124,900 Active 306 DOM
-
2026-08-18days on market $124,900 Active 305 DOM
-
2026-08-17days on market $124,900 Active 304 DOM
-
2026-08-16days on market $124,900 Active 303 DOM
-
2026-08-15days on market $124,900 Active 302 DOM
-
2026-08-14days on market $124,900 Active 301 DOM
-
2026-08-13days on market $124,900 Active 300 DOM
-
2026-08-12days on market $124,900 Active 299 DOM
-
2026-08-11days on market $124,900 Active 298 DOM
-
2026-08-10days on market $124,900 Active 297 DOM
-
2026-08-09days on market $124,900 Active 296 DOM
-
2026-08-08days on market $124,900 Active 295 DOM
-
2026-08-07days on market $124,900 Active 294 DOM
-
2026-08-06days on market $124,900 Active 293 DOM
-
2026-08-05days on market $124,900 Active 292 DOM
-
2026-08-04days on market $124,900 Active 291 DOM
-
2026-08-03days on market $124,900 Active 290 DOM
-
2026-07-31days on market $124,900 Active 287 DOM
-
2026-07-30days on market $124,900 Active 286 DOM
-
2026-07-29days on market $124,900 Active 285 DOM
-
2026-07-27days on market $124,900 Active 283 DOM
-
2026-07-25days on market $124,900 Active 281 DOM
-
2026-07-23days on market $124,900 Active 279 DOM
ⓘ 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
- $3,842 · $320/mo
- Projected year-2 tax
- $3,842 · $320/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 ≥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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $52,428
- − Mortgage interest
- −$6,996
- − Property taxes
- −$3,842
- − Insurance
- −$624
- − Repairs & maintenance
- −$4,194
- − Management
- −$4,194
- − Depreciation
- −$3,633
- Taxable income
- $28,943
- Est. tax owed @ 24.0%
- −$6,946
- After-tax cash flow
- $22,146/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.
Condition & rehab AI · 10 photos
This 2-unit property offers a good investment opportunity with average condition and potential for cosmetic upgrades to boost its resale and rental value.
Deferred maintenance Est. $60,000–$180,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — rooftop visible with significant damage and missing shingles
- Major Windows (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — windows appear to be old and possibly not sealed properly
- Major Electrical (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — electrical panel visible with signs of age and potential issues
- Major Plumbing (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — plumbing visible with signs of age and potential issues
- Major Exterior (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — exterior siding appears to be peeling and in need of repair
- Major Other (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — other components such as doors and trim appear to be in need of repair or replacement
Repairs flagged
- Minor Landscaping — overgrown areas need trimming
- Minor Exterior paint — some fading
Value-add opportunities
- Both Painting — Fresh paint can improve curb appeal and interior aesthetics ↑
- Both Landscaping — Well-maintained landscaping enhances curb appeal and property value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lansing, MI
- County
- Ingham County · 300,362 people
- City population
- 161,269
- Metro
- Lansing-East Lansing, MI
- Population (ZIP)
- 32,800
- Household income
- $54,712
- Rent vs Own
- Severe rent burden
- 10% of renters
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 58% Black 16% Hispanic / Latino 12% Two or more races 12% Asian 4% Native American 1%
- Hispanic origin (detail)
- Mexican 9% Cuban 2%
- Common ancestry
- Romanian 5% Lithuanian 3% Slovak 2%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 87% English-only · Spanish 6% Chinese 1% Other Indo-European 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
- ▼ -211.82%
- Current HPI
- 196.8087
- Rent YoY
- ▲ 4.71%
- 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 |
|
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| Automotive Technology | 1 | $20B |
|
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Price history
+193.9% since first listed24 events — show timeline
- 2026-04-06 Price Changed $139,900 REALCOMP
- 2026-04-06 Price Changed $139,900 Greater Lansing AoR
- 2025-10-17 Listed $149,000 Greater Lansing AoR
- 2025-10-17 Listed $149,000 REALCOMP
- 2017-05-14 Listing Removed — REALCOMP
- 2017-05-14 Listing Removed — Greater Lansing AoR
- 2016-11-14 Listed $62,500 REALCOMP
- 2016-11-14 Listed $62,500 Greater Lansing AoR
- 2014-09-26 Listing Removed — Greater Lansing AoR
- 2014-08-14 Listed $49,900 Greater Lansing AoR
- 2010-10-16 Listing Removed — Greater Lansing AoR
- 2010-07-22 Sold (MLS) $25,000 Greater Lansing AoR
- 2010-05-11 Listed $29,900 Greater Lansing AoR
- 2010-04-16 Listed $27,900 Greater Lansing AoR
- 2009-09-30 Listing Removed — Greater Lansing AoR
- 2009-09-30 Listing Removed — Greater Lansing AoR
- 2009-06-22 Listed $39,500 Greater Lansing AoR
- 2009-06-22 Listed $39,500 Greater Lansing AoR
- 2008-08-07 Listing Removed — Greater Lansing AoR
- 2008-04-11 Listed $54,900 Greater Lansing AoR
- 2007-10-19 Listing Removed — Greater Lansing AoR
- 2007-08-19 Listed $74,500 Greater Lansing AoR
- 2003-08-22 Sold (Public Records) $70,000 Public Records
- 1999-06-03 Sold (Public Records) $47,600 Public Records
Property tax history
+4.2%/yrLatest (2025): $3,842 · +2.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…