1109 Prospect St Lansing, MI 48912
Bingham NeighborhoodEstimated payment $737/month
About This Home
Good income opportunity with this 2 unit on the east side of Lansing. Both units are currently rented so notice is needed to view. Convenient location to I496 and US127. Close to Sparrow Hospital, downtown Lansing, and easy access to Michigan State University campus. Seller is a licensed realtor in the State of Michigan.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,520
Year Built
- Built in 1906
Lot Details
- 3,006 Sq Ft Lot
Home Design
- Wood Siding
Interior Spaces
- 1,496 Sq Ft Home
- 2-Story Property
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Parking
- 2 Parking Spaces
- Driveway
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
Overview
- 2 Units
- Green Oak Subdivision
Building Details
- Insurance Expense $850
- New Taxes Expense $1,500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11 | $26,500 | $2,700 | $23,800 |
| 2023 | $1,407 | $21,700 | $2,700 | $19,000 |
| 2022 | $1,297 | $19,000 | $2,200 | $16,800 |
| 2021 | $1,268 | $17,000 | $3,000 | $14,000 |
| 2020 | $1,257 | $15,700 | $3,000 | $12,700 |
| 2019 | $1,205 | $15,100 | $3,000 | $12,100 |
| 2018 | $1,151 | $12,800 | $3,000 | $9,800 |
| 2017 | $1,104 | $12,800 | $3,000 | $9,800 |
| 2016 | $1,088 | $12,600 | $3,000 | $9,600 |
| 2015 | $1,088 | $12,300 | $5,969 | $6,331 |
| 2014 | $1,088 | $12,500 | $6,268 | $6,232 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | For Sale | $110,000 | -- | $74 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $14,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,000 | Unknown |
Source: Greater Lansing Association of Realtors®
MLS Number: 286730
APN: 01-01-15-330-091
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Copyright © 2025 Greater Lansing Association of REALTORS®
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