NOT LISTED FOR SALE

522 N Pine St Lansing, MI 48933

Downtown Lansing Neighborhood

Estimated Value: $160,000 - $191,000

Studio
-- Baths
2,082 Sq Ft
$87/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2024

Last sale price $159,000 $76 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,140 / mo

4 Days on Market

Highlights

  • 1 Car Detached Garage
  • Heating System Uses Natural Gas
  • 2-minute walk to Ferris Park

About This Home

As of July 2024

CASH FLOW with this updated duplex, each unit has 2 beds (potentially 3 upstairs), 1 bath, and convenient in-unit laundry. Recent improvements, fresh paint, refinished hardwood floors, and updated light and plumbing fixtures. In 2024 a new roof was installed and two new furnaces, ensuring lasting durability and peace of mind for years to come. Will be a licensed rental by closing! Seperate gas and electric.

Built for convenience and profitability, each side could bring in $1,000/month in rental income, making this property an attractive investment opportunity. Situated in a prime location, this duplex presents excellent rental potential, appealing to tenants seeking proximity to amenities and commuter routes. Plus, with a shared detached garage alongside 524 N Pine.

Don't miss out on the chance to capitalize on this promising investment. Schedule a showing today and explore this duplex. With the potential opportunity of investing in 3 units for an even greater return! Sold as a package with MLS# 279928, could bring in $3,500 in rent monthly.

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 05/09/2024

Last Buyer's Agent

Gary Newton

RE/MAX Real Estate Professionals License #6506045750

RE/MAX Real Estate Professionals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 33x131.9

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1873
  • Above Grade Finished Sq Ft: 2082.0
  • General Property Info:Lot Size Dimensions: 33X131.9
  • General Property Info:Above Grade Finished Area: 2082.0
  • General Property Info:_pound_ of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Natural Gas
  • Levels: Two
  • Full Basement: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Detached, Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: In Unit
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None8: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size: 33X131.9
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Land Acreage:Up to 14 Acre: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Info:Taxable Value: 41277.0
  • Tax Info:State Eq Value: 80300.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 3, 2024
Sold by
Trinity Enterprise Llc
Bought by
Seller's Agent
David Hall
Achieve Real Estate LLC
Buyer's Agent
Gary Newton
RE/MAX Real Estate Professionals
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%
Views
59
Current Estimated Value
$180,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,801
Avg. Annual Appreciation
6.16%
Original Mortgage
$127,200
Outstanding Balance
$124,492
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$56,309

Purchase Details

Closed on
Feb 23, 2024
Sold by
Stewart Cynthia
Bought by
Trinity Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,100
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 17, 2021
Sold by
Stewart Cynthia and Estate Off Albert J Jones
Bought by
Stewart Cynthia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Lansing, MI

  • Mohamed Abukar Real Estate Agent - EXP Realty, LLC

    Mohamed Abukar

    EXP Realty, LLC

    (517) 816-9164

    98 Total Sales

    1 in Downtown Lansing

    $156,000 Price

    Mohamed Abukar
     Section Image
  • Josh Nelson Real Estate Agent - White Pine Sotheby's International Realty

    Josh Nelson

    White Pine Sotheby's International Realty

    (616) 816-5361

    46 Total Sales

    1 in Downtown Lansing

    $145,000 Price

    Josh Nelson
     Section Image
  • Brock Fletcher Real Estate Agent - Keller Williams Lansing East

    Brock Fletcher

    Keller Williams Lansing East

    (517) 696-6275

    278 Total Sales

    1 in Downtown Lansing

    $172,500 Price

    Brock Fletcher
     Section Image
  • Brooks Warner Real Estate Agent - Keller Williams Realty Lansing

    Brooks Warner

    Keller Williams Realty Lansing

    (517) 777-8340

    172 Total Sales

    2 in Downtown Lansing

    $135K - $138K Price Range

    Brooks Warner
     Section Image
  • Joe Vitale Real Estate Agent - Century 21 Affiliated

    Joe Vitale

    Responds Quickly

    Century 21 Affiliated

    (517) 777-0990

    233 Total Sales

    6 in Downtown Lansing

    $112K - $340K Price Range

    Joe Vitale
     Section Image
  • Missy Lord Real Estate Agent - RE/MAX Real Estate Professionals Dewitt

    Missy Lord

    RE/MAX Real Estate Professionals Dewitt

    (517) 272-8399

    589 Total Sales

    4 in Downtown Lansing

    $110K - $310K Price Range

    Missy Lord
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$159,000 Liberty Title
Trinity Enterprise Llc $65,000 Next Door Title
Stewart Cynthia -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $127,200
Closed Mayer Joel T $127,200
Previous Owner Trinity Enterprise Llc $109,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2024 07/03/24 Sold $159,000 -0.6% $76 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $159,900 -- $77 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,110 $90,800 $3,700 $87,100
2025 $5,926 $84,800 $3,700 $81,100
2024 $29 $80,300 $3,700 $76,600
2023 $3,455 $72,000 $3,700 $68,300
2022 $3,092 $64,200 $4,100 $60,100
2021 $3,021 $61,400 $5,200 $56,200
2020 $2,999 $58,200 $5,200 $53,000
2019 $2,892 $52,400 $5,200 $47,200
2018 $2,747 $48,800 $5,200 $43,600
2017 $2,642 $48,800 $5,200 $43,600
2016 $2,537 $47,900 $5,200 $42,700
2015 $2,537 $46,500 $10,327 $36,173
2014 $2,537 $45,500 $17,000 $28,500
Source: Public Records

Agents Affiliated with this Home

  • David Hall Real Estate Agent - Achieve Real Estate LLC

    Seller's Agent in 2024

    David Hall

    Achieve Real Estate LLC

    (517) 712-8329

    5 in this area

    124 Total Sales

    David Hall
    Section Image
  • Gary Newton Real Estate Agent - RE/MAX Michigan

    Buyer's Agent in 2024

    Gary Newton

    RE/MAX Michigan

    (517) 410-8307

    5 in this area

    668 Total Sales

    Gary Newton
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 279929

Greater Lansing Association of Realtors®

APN: 01-01-16-107-042

Michigan Ingham County Lansing 48933 Downtown Lansing

522 N Pine St, Lansing, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
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 © 2026 Greater Lansing Association of REALTORS®

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