405 E Hodge Ave Lansing, MI 48910
Old Everett NeighborhoodEstimated payment $957/month
Highlights
- Front Porch
- Forced Air Heating System
- Private Entrance
About This Home
The lower unit of this duplex is complete with two bedrooms and updates that are sure to impress; with stainless steel appliances, a new countertop in the kitchen with freshly painted cabinets, vinyl and refinished hardwood floors throughout, and a tiled shower surround in the bathroom, this unit was recently rented for $1,000/month. This unit has spacious living areas and is complete with access to the laundry hookups and storage space that the basement provides. The upper unit has a private entrance on the west side of the duplex and offers the upper tenant their own floor to occupy. This 1 bedroom, 1 bathroom unit has a current rental rate of $750/month, with a market rent potential of $850/month.This property also has plenty of tangible features beyond the rental numbers that will ensure sustainable success moving forward. With a 1 car garage that offers tenants on-site covered parking, multiple driveway parking spaces, and a bus stop less than a block away, transportation options provide a rental perk that satisfies most all potential tenants. Beyond the garage lies an enormous, privately fenced in back yard that provides another perk to any tenant that enjoys the outdoors.This duplex also holds the value-add potential that you are looking for. Each unit currently has separate meters for electrical and is tenant paid. The upper unit features baseboard heat and the forced air furnace heats the lower unit. Water supply lines and drains were replaced in 2023. This leaves the property ripe for value-add potential by splitting the water and HVAC.In the meantime, this property is sure to impress both traditional investors and house hackers alike. This property will not last on the market long. Submit your offer today before it's too late!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,906
Year Built
- Built in 1920
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 33x205.25
- Private Entrance
- Back Yard Fenced
Parking
- 1 Car Garage
- Driveway
Home Design
- Duplex
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,077 Sq Ft Home
- 1.5-Story Property
Basement
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Community Details
- 2 Units
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 | $29 | $47,300 | $4,300 | $43,000 |
| 2023 | $3,281 | $39,600 | $4,300 | $35,300 |
| 2022 | $2,514 | $35,900 | $4,200 | $31,700 |
| 2021 | $2,456 | $32,200 | $2,900 | $29,300 |
| 2020 | $2,439 | $30,000 | $2,900 | $27,100 |
| 2019 | $3,834 | $28,000 | $2,900 | $25,100 |
| 2018 | $2,018 | $27,300 | $2,900 | $24,400 |
| 2017 | $1,942 | $27,300 | $2,900 | $24,400 |
| 2016 | $1,929 | $25,900 | $2,900 | $23,000 |
| 2015 | $1,929 | $25,000 | $5,790 | $19,210 |
| 2014 | $1,929 | $25,500 | $4,053 | $21,447 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $128,900 | -0.8% | $120 / Sq Ft |
| 03/15/2025 03/15/25 | For Sale | $129,900 | +44.5% | $121 / Sq Ft |
| 08/30/2022 08/30/22 | Sold | $89,900 | 0.0% | $83 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $89,900 | +204.7% | $83 / Sq Ft |
| 07/16/2019 07/16/19 | Sold | $29,500 | -15.7% | $27 / Sq Ft |
| 05/09/2019 05/09/19 | Pending | -- | -- | -- |
| 05/02/2019 05/02/19 | Price Changed | $35,000 | -22.0% | $32 / Sq Ft |
| 04/25/2019 04/25/19 | Price Changed | $44,900 | -10.0% | $42 / Sq Ft |
| 03/11/2019 03/11/19 | For Sale | $49,900 | -- | $46 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $89,900 | -- | |
| Warranty Deed | $29,500 | Transnation Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,200 | New Conventional | |
| Previous Owner | $48,000 | New Conventional | |
| Previous Owner | $23,600 | New Conventional |
Source: Greater Lansing Association of Realtors®
MLS Number: 286738
APN: 01-01-28-406-181
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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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