$139,900

331 Richard Ave Lansing, MI 48917

Estimated payment $1,012/month

Total Views 3,770
3 Beds
2 Baths
1,101 Sq Ft
$127 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • Main Floor Primary Bedroom
  • Cape Cod Architecture
  • Property is near public transit
  • Corner Lot

About This Home

Investor Special with Endless Potential in Delta Township! Bring your vision to this Cape Cod-style home located at 331 Richard Avenue in Lansing. This property is in need of renovation, but offers incredible upside for an investor, flipper, or a handy homeowner ready to create instant equity. Set on a generous corner lot, the home features a huge fully fenced backyard with wood privacy fencing, perfect for future outdoor living or entertaining. Two detached garages provide ample storage, workshop space, or added value potential. Inside, you'll find a large four-seasons room offering flexible additional living space, plus a full bathroom in the basement, adding convenience and future finishing options. With solid bones, classic Cape Cod charm, and plenty of square footage to reimagine... this is a rare opportunity to transform a diamond in the rough into something truly special. Cash, renovation, or conventional buyers welcome—bring your contractor and imagination!

Listing Agent

Paul Brown

Gateway to Homes License #6506040806 Listed on: 01/01/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x130
  • Corner Lot
  • Rectangular Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,101 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Awning
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Oak Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Current Use: Primary
  • Tax Year: 2025
  • Levels: One and One Half
  • Year Built: 1952
  • Lot Size Acres: 0.27
  • Lot Size: 90x130
  • Subdivision Name: Oak Park
  • Above Grade Finished Sq Ft: 1101.0
  • Architectural Style: Cape Cod
  • Living Area: 1101.0
  • Baths:_pound_Full Baths 1: 1
  • Baths:_pound_Full Baths B: 1
  • Tax Info:Zoning3: Residential
  • Special Features: None

Interior Features

  • Basement: Full, Bath/Stubbed, Block, Daylight, Sump Pump
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Combination, Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Laminate Counters, Eat-in Kitchen
  • Total Bedrooms: 3
  • Property Type: Residential
  • Full Bathrooms: 2
  • Fireplace Features: None
  • Fireplace: No

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • ExteriorFeatures: Awning(s), Private Yard
  • Fencing: Back Yard, Fenced, Full, Privacy, Wood
  • Foundation Details: Block
  • Lot Features: Corner Lot, Back Yard, City Lot, Front Yard, Near Public Transit, Private, Rectangular Lot
  • OtherStructures: Garage(s)
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch, Deck
  • View: Neighborhood
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Garage Door Opener, Driveway, Garage, Garage Faces Side, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Refrigerator, Dishwasher, Oven, Range
  • Cooling: Central Air
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Junior High Dist: Waverly

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Additional Parcels: No
  • Zoning Description: Residential

Tax Info

  • Tax Carrier Route: 2717
  • Tax Annual Amount: 3367.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,840 $98,700 $0 $0
2024 $1,679 $96,400 $0 $0
2023 $1,614 $88,900 $0 $0
2022 $2,513 $73,300 $0 $0
2021 $2,460 $67,600 $0 $0
2020 $2,500 $62,700 $0 $0
2019 $2,516 $60,466 $0 $0
2018 $2,499 $59,600 $0 $0
2017 $2,351 $56,700 $0 $0
2016 -- $52,200 $0 $0
2015 -- $51,800 $0 $0
2014 -- $51,000 $0 $0
2013 -- $50,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2026 01/01/26 For Sale $139,900 -- $127 / Sq Ft
Source: Greater Lansing Association of Realtors®

Source: Greater Lansing Association of Realtors®

MLS Number: 293245

Greater Lansing Association of Realtors®

APN: 040-068-000-250-00

Michigan Eaton County Lansing 48917

331 Richard Ave, Lansing, MI

For Sale

Detached

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Paul Brown
Listing Agent
Paul Brown
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Gateway to Homes
(517) 923-3098