$81,400
PENDING $9K PRICE DROP

421 N Pennsylvania Ave Unit 1 Lansing, MI 48912

The Stadium District Neighborhood

Estimated payment $510/month

Total Views 5,119
6 Beds
2 Baths
2,150 Sq Ft
$38 Price per Sq Ft

About This Home

Charming multifamily property available. Three bedrooms/one bathroom per unit. Easy access to commercial areas. Attractive investment property! RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding.

Listing Agent

Lori Brown

Realhome Services and Solutions Inc License #6502429789 Listed on: 08/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 27x214.5

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,150 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010115104251

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1912
  • State Equalized Value: 65900.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 626153.8400
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2150

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Michigan Basement
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 27x214.5
  • Parcel Number: 010115104251
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1939.0000
  • Tax Amount Winter: 598.0000
  • Total Tax: 2537.0000
  • Taxable Value: 2537.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lansing

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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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 $2,537 $80,200 $3,300 $76,900
2024 $19 $65,900 $3,300 $62,600
2023 $2,389 $55,800 $3,300 $52,500
2022 $2,179 $48,600 $2,400 $46,200
2021 $2,132 $41,300 $3,100 $38,200
2020 $5,136 $38,200 $3,100 $35,100
2019 $2,471 $31,900 $3,100 $28,800
2018 $1,923 $26,600 $3,100 $23,500
2017 $1,844 $26,600 $3,100 $23,500
2016 $1,799 $26,200 $3,100 $23,100
2015 $1,799 $25,500 $6,243 $19,257
2014 $1,799 $25,600 $6,243 $19,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $81,400 0.0% $38 / Sq Ft
10/23/2025 10/23/25 Off Market $81,400 -- --
10/07/2025 10/07/25 Price Changed $81,400 0.0% $38 / Sq Ft
10/07/2025 10/07/25 For Sale $81,400 -4.9% $38 / Sq Ft
09/16/2025 09/16/25 Off Market $85,600 -- --
09/09/2025 09/09/25 Price Changed $85,600 -5.0% $40 / Sq Ft
08/06/2025 08/06/25 For Sale $90,100 -- $42 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $73,910 None Listed On Document
Warranty Deed $98,000 Tri Title Agency Llc
Warranty Deed $70,000 --
Warranty Deed $46,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,400 Fannie Mae Freddie Mac
Previous Owner $63,000 Purchase Money Mortgage
Source: Public Records

Source: Realcomp

MLS Number: 20251024511

Realcomp

APN: 01-01-15-104-251