1633 Illinois Ave Lansing, MI 48906
Northtown NeighborhoodEstimated payment $313/month
Highlights
- Ground Level Unit
- 1 Car Attached Garage
- 1-Story Property
- No HOA
- Bungalow
- 3-minute walk to Porter Park
About This Home
Investor Special Fixer-Upper with Rental Potential!
Opportunity knocks at 1633 Illinois Ave in Lansing, MI! This home is perfect for savvy investors or DIY buyers looking to add value and generate rental income. Located in a quiet neighborhood just minutes from downtown Lansing, highways, shopping, and local schools, this property offers strong upside in a growing rental market. Featuring 2 bedrooms, 1 full bathroom, and a functional layout, this home sits on a deep lot with off-street parking and a large backyard ideal for future tenants or owner-occupants. While the property needs updates and repairs, the bones are solid and the location is promising. With some TLC, this could be a rental or a profitable flip. Comparable rentals in the area show solid demand, making this an excellent opportunity to create instant equity and long-term income. Whether you're building your portfolio or getting started in real estate, this is a low-cost entry into a value-add investment. Being sold as-is. Bring your vision, tools, and contractor. This is the chance to turn potential into profit. Schedule your showing today!
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33.00 x 133.00
- Property fronts a private road
Parking
- 1 Car Attached Garage
Home Design
- Bungalow
- Poured Concrete
- Vinyl Construction Material
Interior Spaces
- 660 Sq Ft Home
- 1-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Ground Level Unit
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Franklin Heights Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 33010110133201
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 |
|---|---|---|---|---|
| 2025 | $2,259 | $38,800 | $2,300 | $36,500 |
| 2024 | $18 | $33,100 | $2,300 | $30,800 |
| 2023 | $2,127 | $28,800 | $2,300 | $26,500 |
| 2022 | $1,944 | $26,000 | $2,400 | $23,600 |
| 2021 | $1,974 | $27,700 | $3,500 | $24,200 |
| 2020 | $1,885 | $26,500 | $3,500 | $23,000 |
| 2019 | $3,267 | $24,200 | $3,500 | $20,700 |
| 2018 | $1,727 | $21,700 | $3,500 | $18,200 |
| 2017 | $1,662 | $21,700 | $3,500 | $18,200 |
| 2016 | $2,967 | $21,400 | $3,500 | $17,900 |
| 2015 | $2,967 | $21,200 | $7,010 | $14,190 |
| 2014 | $2,967 | $21,000 | $7,010 | $13,990 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | Price Changed | $49,900 | -16.7% | $76 / Sq Ft |
| 10/30/2025 10/30/25 | Price Changed | $59,900 | -7.8% | $91 / Sq Ft |
| 10/21/2025 10/21/25 | For Sale | $65,000 | -- | $98 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Ata National Title | |
| Land Contract | $56,000 | None Available | |
| Quit Claim Deed | -- | Prism Title & Closing Servic | |
| Sheriffs Deed | $13,000 | None Available | |
| Warranty Deed | $79,000 | Tri Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $29,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $48,000 | Seller Take Back | |
| Previous Owner | $79,000 | Fannie Mae Freddie Mac |
Source: Realcomp
MLS Number: 20251047549
APN: 01-01-10-133-201
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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