Sold543d on marketHistoric · 131 yrs
512 W Ionia St
Lansing, MI, 48933 • Downtown • Ingham County
$150,000
3Beds
3Baths
0.13 acLot
1895Built
Property DNA
Traditional Style
Built 1895 · 131 years of history
Original of Lansing
None
Outdoor Living
Covered · Front Porch
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
543 days on market
Established listing
About this home
Multi Family · Built 1895 · Historic
Calling all Lansing area new or seasons investors - 3X's the Income - This one is not to miss! This sought after 3 unit provides Great Immediate Income. Rents total approximately $2,225 per mth. Main floor renovated 2021 Newer Kitchen in Apt. A 1BR - 2019 Apt. B Studio: Many updates including Bath and Appliances.- Sump pump 5yrs - Newer Boiler 2019 - Roof Re-sloped 2016 - Electrical Upgraded to 150 Amp 2021. Fully leased, and professionally managed. COL Certified, plus Section 8 Approved.
Estimated monthly payment
Based on current rates
$988/month
Principal & Interest$788
Property Tax$150
Insurance$50
Down payment20% ($30,000)
3%50%
Est. 6.88% rate · 30yr fixed · $120,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMultiFamily
Year Built1895
HeatingRadiant, Steam
CoolingNone
Parking4 Open Parking spaces
Property
Home typeMulti Family
StyleTraditional
Year built1895
Stories2
Systems
HeatingRadiant, Steam
CoolingNone
RoofShingle
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway, Gravel, Side By Side
BasementFull,Michigan,Sump Pump
Lot5,662 sqft
Location & Tax
NeighborhoodDowntown
Annual tax$5,209
Parcel33010116153091
Features & details
11 categories of property features
Interior Features
Flooring
Carpet
Laminate
Heating
Radiant
Steam
Cooling
None
Laundry
Electric Dryer Hookup
In Basement
Washer Hookup
Exterior Features
Exterior
Storage
Parking
Driveway
Gravel
Side By Side
Construction
Wood Siding
Patio & Porch
Covered
Front Porch
Lot Features
Back Yard
Gentle Sloping
Pool Features
None
Other Equipment
None
Listing insights
Market data and value estimates
StatusSold
Days on market543
Est. value$160,400
Est. rent$1,454/mo
Tax rate1.86%
On marketJun 7, 2024
PostedMay 30, 2024
Last sold$150,000
MLS updatedOct 16, 2024
Tour days6
Views9
How are the schools in Lansing?
3 schools rated nearby
Location
Lansing, MI, 48933
Price history
8 events
DateEventPrice$/sqftSource
Oct 11, 2024Sold$150,000—Greater Lansing AOR
Sep 5, 2024Contingent$169,900—Greater Lansing AOR
Jun 7, 2024Listed For Sale$169,900—Greater Lansing AOR
Nov 17, 2021Sold$133,551—Greater Lansing AOR
Sep 30, 2021Pending Sale$134,900—Greater Lansing AOR
Sep 10, 2021Listed For Sale$134,900—Greater Lansing AOR
Sep 10, 2021Pending Sale$134,900—Greater Lansing AOR
Sep 1, 2021Listed For Sale$134,900—Greater Lansing AOR
Sold$150,000
Oct 11, 2024•Greater Lansing AOR
Contingent$169,900
Sep 5, 2024•Greater Lansing AOR
Listed For Sale$169,900
Jun 7, 2024•Greater Lansing AOR
Sold$133,551
Nov 17, 2021•Greater Lansing AOR
Pending Sale$134,900
Sep 30, 2021•Greater Lansing AOR
Listed For Sale$134,900
Sep 10, 2021•Greater Lansing AOR
Pending Sale$134,900
Sep 10, 2021•Greater Lansing AOR
Listed For Sale$134,900
Sep 1, 2021•Greater Lansing AOR
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$5,209$73,400
Apr 8, 2023—$66,200
Apr 8, 2022—$58,400
Apr 8, 2021—$55,600
Apr 8, 2020—$51,800
Apr 8, 2019$2,901$46,900
Apr 8, 2018$2,901$42,800
Apr 8, 2017$2,786$42,800
Apr 8, 2016$2,786$42,100
Apr 8, 2015$2,786$40,900
Apr 8, 2014$2,786$39,300
Apr 8, 2013—$39,300
Apr 8, 2012—$39,600
Apr 8, 2011—$44,800
Apr 8, 2010—$47,100
Apr 8, 2009—$52,000
Apr 8, 2008—$56,900
Apr 8, 2007—$56,300
Apr 8, 2006—$59,500
Apr 8, 2005—$54,800
Apr 8, 2004—$46,800
Apr 8, 2003—$38,300
Apr 8, 2002—$34,500
Apr 8, 2001—$32,800
Apr 8, 2000—$30,500
Nearby homes
Neighborhood details
Local context around this listing
Lansing, MI • Ingham County
Nearby neighborhoods
Churchill DownsColonial VillageForest ViewGroesbeckLansing-EatonNorthtownOld EverettRiver ForestWaverlyWestside
Nearby cities
CharlotteDewittEast LansingEaton RapidsGrand LedgeHoltLansingMason
Nearby zip codes
48906489074891048911489124891548917489214893348950
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