$70,000
Lansing, MI 48912
MLS# 25062779
2 beds | 1 baths | 650 sqft
1 / 7
Property Description
Investor opportunity in a strong Lansing rental area! This property is being sold AS-IS and offers solid upside for investors looking for a value-add or buy-and-hold opportunity. Functional layout with good square footage, full basement for storage or future improvement, and a lot size that supports long-term rental demand. Located near downtown Lansing, Michigan State University, Sparrow Hospital, shopping, public transportation, and major roadways—an area known for consistent tenant demand. Ideal for BRRRR, renovation, or long-term rental portfolio addition. Cash or renovation financing preferred. Bring your vision and unlock the potential.
Details
Location Property Info
County: Ingham
Street #: 640
Street Direction: S
Street Name: Magnolia
Suffix: Avenue
State: MI
Zip Code: 48912
Zip (4): 2934
Area: Ingham County - 20
OfficeContract Info
Status: Active
List Price: $70,000
Current Price: $70,000
Listing Date: 2025-12-27
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.1
Lot Square Footage: 4356
Lot Dimensions: 132' x 32'
Year Built: 1911
Road Frontage: 32
Garage Y/N: No
Income Property: No
Total Rooms AG: 6
Total Fin SqFt All Levels: 650
SqFt Above Grade: 650
Below Grade Unfinished SqFt: 650
Building Total SqFt: 650
Total Beds Above Grade: 2
Total Bedrooms: 2
Full Baths: 1
Total Baths: 1
Main Level Primary: Yes
Stories: 1
School District: Lansing
Association YN: No
Waterfront: No
Tax Info
Tax ID #: 33-01-01-14-358-341
Taxable Value: 22192
SEV: 29000
For Tax Year: 2025
Seller's Annual Property Tax: 1912
Tax Year: 2025
Spec Assessment & Type: None Known
Zoning: B RESID
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 650
Basement Rooms
Total Basement SQFT: 490
Property Features
Laundry Features: In Basement
Exterior Material: Aluminum Siding; Vinyl Siding
Roofing: Asphalt
Substructure: Crawl Space; Michigan Basement
Lot Description: Level
Sewer: Public Sewer
Water: Public
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Architectural Style: Bungalow; Ranch; Traditional
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office: Five Star Real Estate
Listing Agent: Cedric Wicks
Last Updated: December - 29 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.