For Sale32d on marketHistoric · 103 yrs
927 Mahlon St
Lansing, MI, 48906 • Northtown • Ingham County
$54,500
$77/sqft
Down payment assistance available
2Beds
1Baths
704Sqft
0.08 acLot
1923Built
Property DNA
Ranch Style
Built 1923 · 103 years of history
Berton
Northtown
1-Car Garage
Detached
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 32 days ago · 1,293 views · 62 saves
Market activity
Demand and pricing signals for this listing
1,293 views
People checking out this listing
62 saves
Buyers have saved this home
32 days on market
Established listing
$77/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 16% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1923 · Historic
Investor Opportunity! Located in a desirable area just minutes from downtown Lansing, Frandor, East Lansing, and Michigan State University, this property is priced to sell with solid upside for renovation. Surrounding homes are selling for $100,000+, leaving room in the numbers for a profitable rehab. The efficient 704 sq. ft. one-level ranch features a covered front porch, a nicely sized yard, and a detached one-car garage. Inside, the open-concept living and dining area showcases hardwood floors and original charm. A bedroom with French doors sits just off the living space, while a second bedroom and full bath are located at the rear of the home with access to the attic. The attic offers potential to be finished for additional living space. The home also includes a full basement with washer and dryer, and the windows have been updated to vinyl over the years. Being sold as-is, cash buyers only. A strong opportunity for investors looking for a well-located property with value-add potential.
Standout features identified
Our analysis highlights nicely sized yard, detached one-car garage, and hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$355/month
Principal & Interest$283
Property Tax$55
Insurance$18
Down payment20% ($10,900)
3%50%
Est. 6.75% rate · 30yr fixed · $43,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1923
HeatingForced Air, Natural Gas
CoolingNone
Parking1 Garage space
Lot3,484 sqft
Days on Zillow32 Days
Price/sqft$77
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1923
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingNone
RoofShingle
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDetached
Garage1 spaces
BasementFull
Lot3,484 sqft
Location & Tax
NeighborhoodNorthtown
Annual tax$1,581
Parcel33010110409251
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Appliances
Water Heater
Washer
Range
Oven
Dryer
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
None
Laundry
In Basement
Exterior Features
Parking
Detached
Construction
Vinyl Siding
Pool Features
None
Room details
5 rooms detailed
Master Bedroom
First10×10 ft100 sqft
Bedroom2
First10×10 ft100 sqft
Dining Room
First12×10 ft120 sqft
Kitchen
First10×10 ft100 sqft
Living Room
First20×12 ft240 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market32
Est. rent$1,109/mo
Tax rate1.86%
Price/sqft$77
On marketMar 6, 2026
PostedMar 6, 2026
Last sold$20,000
MLS updatedMar 6, 2026
Tour days9
Views1,293
Favorites62
How are the schools in Lansing?
3 schools rated nearby
Location
Lansing, MI, 48906
Price history
2 events
DateEventPrice$/sqftSource
Mar 6, 2026Listed For Sale$54,500$77Greater Lansing AOR
Feb 21, 2003Sold$20,000$28Public Record
Listed For Sale$54,500
Mar 6, 2026•$77/sqft•Greater Lansing AOR
Sold$20,000
Feb 21, 2003•$28/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2024$1,420$33,700
Apr 7, 2023—$29,000
Apr 7, 2022—$27,300
Apr 7, 2021—$24,600
Apr 7, 2020—$23,600
Apr 7, 2019$1,085$22,300
Apr 7, 2018$1,085$21,500
Apr 7, 2017$1,047$21,500
Apr 7, 2016$1,047$18,300
Apr 7, 2015$1,047$17,800
Apr 7, 2014$1,047$17,700
Apr 7, 2013—$18,200
Apr 7, 2012—$19,200
Apr 7, 2011—$21,200
Apr 7, 2010—$23,700
Apr 7, 2009—$25,900
Apr 7, 2008—$28,300
Apr 7, 2007—$27,900
Apr 7, 2006—$27,800
Apr 7, 2005—$24,000
Apr 7, 2004—$21,900
Apr 7, 2003—$20,300
Apr 7, 2002—$17,900
Apr 7, 2001—$16,300
Apr 7, 2000—$14,800
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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