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Old Town Homes for Sale

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  • /25

    $289,990

    • 2,796 Sq Ft

    1219 N Washington Ave, Lansing, MI 48906

    BACK ON MARKET DUE TO BUYER LOSING FINANCING- NO FAULT OF PROPERTIES. GREAT OPPORTUNITY! Calling all Lansing area new or seasoned investors - DOUBLE the Income!! These sought-after multi-units provide Great Immediate Income with an unbeatable location! Prime location within walking distance to Lansing's famous Old Town District. Attract tenants that love shopping, fishing and enjoying the

    Amber Redman Five Star Real Estate - Lansing

    1219 N Washington Ave, Lansing, MI 48906
  • /17

    $125,000

    • 3 Beds
    • 2 Baths
    • 2,422 Sq Ft

    749 N Larch St, Lansing, MI 48906

    Public and marketing remarks: Opportunity awaits at 749 N Larch St in the heart of Lansing. This 3-bedroom, 2 full bath home is mid-renovation with great potential, ideal for investors or handy homeowners ready to add their finishing touches. Located just minutes from downtown, it offers a central location and a spacious layout with many improvements already underway. With a little work, this

    Patrick Ferris RE/MAX Real Estate Professionals

    749 N Larch St, Lansing, MI 48906
  • /32

    $160,000

    • 1,550 Sq Ft

    824 Seymour Ave, Lansing, MI 48906

    This well-maintained duplex is ideally located close to LCC and the Capital, offering excellent investment potential. Both units feature 2 bedrooms and 1 bathroom, each providing around 700 sqft of comfortable living space.Unit 1: Currently occupied by a long-term tenant on a month-to-month lease at below market rate, offering steady rental income.Unit 2: A vacant unit, ready for

    Chris Roelofs Coldwell Banker Professionals -Okemos

    824 Seymour Ave, Lansing, MI 48906
  • /2

    $39,000

    • Land
    • 0.22 Acre
    • $177,273 per Acre

    1414 Center St, Lansing, MI 48906

    ZONED C FOR MULTI (2) UNITS. VACANT LOT, HOUSE WAS TORN DOWN. SEWER AND WATER CONNECTIONS AT CURB.

    Nicholas Pehlivanoglu Coldwell Banker Professionals-Delta

    1414 Center St, Lansing, MI 48906

Why Live in Old Town

Old Town in Lansing is a vibrant neighborhood known for its cultural significance and historic charm. The area features mural-adorned brick commercial buildings and colorful Victorian homes, creating a lively atmosphere. Old Town is a hub for unique festivals such as ScrapFest, Chalk of the Town, Lansing Pride, JazzFest, BluesFest, and the Dam Jam Music Festival, making it a focal point for things to do in Lansing. The neighborhood has undergone significant revitalization over the past 30 years, reducing crime rates and vacancy rates dramatically. The Old Town Commercial Association has played a key role in this transformation, focusing on building rehabilitation and community events. Dining options are diverse, with notable spots like Meat BBQ, Pablo's Old Town, and The Creole Burger Bar. Shopping includes art galleries, thrift stores, and the popular Preuss Pets. While Old Town offers a lively nightlife, it lacks proximity to large grocery stores and big brand shops, with the nearest options being Capital City Market and Frandor Shopping Center. The Lansing River Trail runs through Old Town, featuring the historic Brenke Fish Ladder and Burchard Park, which is set for renovations in 2024. Housing includes historic Victorians and American Foursquare homes, many of which require renovations. The neighborhood is part of the Lansing Public School District, which has open choice enrollment.

Frequently Asked Questions

Is Old Town a good place to live?
Old Town is a good place to live. Old Town is considered fairly walkable and very bikeable with some transit options. Old Town is a suburban neighborhood. Old Town has 11 parks for recreational activities. It is fairly sparse in population with 4.8 people per acre and a median age of 35. The average household income is $55,142 which is below the national average. College graduates make up 38.9% of residents. A majority of residents in Old Town are renters, with 80.6% of residents renting and 19.4% of residents owning their home. A local real estate agent serving Old Town can help you decide if this neighborhood is the right one for you. Learn more on our Old Town neighborhood guide.
Is Old Town, MI a safe neighborhood?
Old Town, MI is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Old Town?
The median home price in Old Town is $431,990. If you put a 20% down payment of $86,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Old Town. The average household income in Old Town is $55K.
What are the best public schools in Old Town?
The best public schools that serve Old Town are:
What are the best private schools in Old Town?
The best private schools that serve Old Town are:
What are the most popular zip codes in Old Town, Lansing, MI?
The most popular zip codes in Old Town, Lansing, MI include 48906, 48933, 48915, 48912 and 48910.
What are the most popular neighborhoods near Old Town, Lansing, MI?
The most popular neighborhoods near Old Town, Lansing, MI are Old Forest, Northtown, Downtown Lansing, Knollwood Willow and The Stadium District.
Are home prices dropping in Old Town?
Yes, home prices in Old Town are down 83% in the last 12 months.

Home Trends in Old Town, MI

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$617,000
Median 2 Bedroom Sale Price
$89,900
Average Price Per Sq Ft
$251
Number of Homes for Sale
2
Last 12 months Home Sales
19
Months of Supply
1.30
Median List Price
$431,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-88%
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