For Sale5d on marketHistoric · 154 yrs
516 W Ionia St
Lansing, MI, 48933 • Downtown • Ingham County
$84,900
$91/sqft
Down payment assistance available
2Beds
1Baths
936Sqft
0.26 acLot
1872Built
Property DNA
Ranch Style
Built 1872 · 154 years of history
Original of Lansing
Downtown
This home is getting attention
Listed 5 days ago · 446 views · 31 saves
Market activity
Demand and pricing signals for this listing
446 views
People checking out this listing
31 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$91/sqft
Price per square foot
About this home
Single Family · Built 1872 · Historic
Welcome home to 516 W Ionia! Ideally located just minutes from downtown Lansing, this property offers convenient access to local eateries, bars, and cozy coffee shops, with Lansing Community College just a short walk away. With a little TLC, this two-bedroom, one-bath home is full of potential—perfect for buyers looking to add their personal touch and build equity. In addition to its prime location, the property features a rare two-car garage, providing ample space for parking, storage, or a workshop. Don't miss this opportunity to transform a well-located home into something truly special! Highest and Best due by Thursday 4/9/26 at 10:00 A.M.
Standout features identified
Our analysis highlights one-bath home and rare two-car garage as key attractions of this home.
Estimated monthly payment
Based on current rates
$554/month
Principal & Interest$441
Property Tax$85
Insurance$28
Down payment20% ($16,980)
3%50%
Est. 6.75% rate · 30yr fixed · $67,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1872
HeatingForced Air
CoolingNone
ParkingGarage, Off Street
Lot0.26 Acres
Days on Zillow5 Days
Price/sqft$91
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1872
Stories1
Systems
HeatingForced Air
CoolingNone
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage, Off Street
BasementMichigan
Lot0.26 Acres
Location & Tax
NeighborhoodDowntown
Annual tax$3,042
Parcel33010116153081
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Appliances
None
Heating
Forced Air
Cooling
None
Laundry
In Basement
Exterior Features
Parking
Garage
Off Street
Construction
Vinyl Siding
Room details
5 rooms detailed
Master Bedroom
First14×10 ft140 sqft
Bedroom2
First10×10 ft100 sqft
Dining Room
First10×10 ft100 sqft
Kitchen
First8×10 ft80 sqft
Living Room
First10×10 ft100 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market5
Est. value$103,600
Est. rent$1,372/mo
Tax rate1.86%
Price/sqft$91
On marketApr 2, 2026
PostedApr 2, 2026
Last sold$42,000
MLS updatedApr 7, 2026
Tour days9
Views446
Favorites31
How are the schools in Lansing?
3 schools rated nearby
Location
Lansing, MI, 48933
Price history
2 events
DateEventPrice$/sqftSource
Apr 2, 2026Listed For Sale$84,900$91Greater Lansing AOR
Jul 21, 2000Sold$42,000$45Public Record
Listed For Sale$84,900
Apr 2, 2026•$91/sqft•Greater Lansing AOR
Sold$42,000
Jul 21, 2000•$45/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 7, 2024$2,753$45,700
Apr 7, 2023—$41,300
Apr 7, 2022—$37,500
Apr 7, 2021—$36,500
Apr 7, 2020—$34,700
Apr 7, 2019$2,170$31,700
Apr 7, 2018$2,170$29,300
Apr 7, 2017$2,087$29,300
Apr 7, 2016$2,087$28,800
Apr 7, 2015$2,087$28,100
Apr 7, 2014$2,087$27,700
Apr 7, 2013—$27,800
Apr 7, 2012—$28,100
Apr 7, 2011—$31,300
Apr 7, 2010—$32,900
Apr 7, 2009—$36,000
Apr 7, 2008—$39,100
Apr 7, 2007—$39,000
Apr 7, 2006—$37,300
Apr 7, 2005—$34,400
Apr 7, 2004—$29,300
Apr 7, 2003—$23,900
Apr 7, 2002—$21,400
Apr 7, 2001—$20,300
Apr 7, 2000—$18,800
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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