5521 W Michigan Ave Lansing, MI 48917
Estimated payment $1,682/month
Highlights
- Ranch Style House
- Covered Patio or Porch
- Forced Air Heating System
About This Home
Fantastic opportunity to own this rental with prime location to highways and major roads. Both units are currently rented out with 12 month leases. Seller is also open to selling as a package deal with 2 other properties (16720 Eunice and 5716 Ridgeway). See agent for more details. Schedule your showing to take advantage of this opportunity. Please note: 24 hour notice required and showings allowed to occur at specific times during the week.
Listing Agent
RE/MAX Real Estate Professionals License #6506047827 Listed on: 11/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,836
Year Built
- Built in 1969
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 88x140
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,048 Sq Ft Home
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Driveway
Outdoor Features
- Covered Patio or Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Homestead Subdivision
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 | $4,836 | $105,500 | $0 | $0 |
| 2024 | $2,741 | $93,800 | $0 | $0 |
| 2023 | $2,610 | $87,700 | $0 | $0 |
| 2022 | $4,245 | $77,400 | $0 | $0 |
| 2021 | $4,074 | $72,200 | $0 | $0 |
| 2020 | $4,019 | $69,300 | $0 | $0 |
| 2019 | $3,685 | $142,328 | $0 | $0 |
| 2018 | $3,598 | $63,200 | $0 | $0 |
| 2017 | $3,530 | $63,200 | $0 | $0 |
| 2016 | -- | $61,200 | $0 | $0 |
| 2015 | -- | $61,200 | $0 | $0 |
| 2014 | -- | $58,800 | $0 | $0 |
| 2013 | -- | $60,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $243,000 | +66.4% | $119 / Sq Ft | |
| 06/14/2019 06/14/19 | Sold | $146,000 | -1.4% | $71 / Sq Ft | View Prior Sale |
| 04/24/2019 04/24/19 | Pending | -- | -- | -- | |
| 04/18/2019 04/18/19 | For Sale | $148,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $146,000 | Ata National Title Group Llc | |
| Warranty Deed | $135,900 | Tri Title Agency Llc | |
| Warranty Deed | $95,000 | Tri Title Agency Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $102,200 | New Conventional | |
| Previous Owner | $13,590 | Stand Alone Second | |
| Closed | $0 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 292384
APN: 040-055-500-720-00
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