NOT LISTED FOR SALE

Estimated Value: $130,000 - $146,000

3 Beds
2 Baths
1,230 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2025

Last sale price $126,078 $103 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $904 / mo

48 Days on Market

Highlights

  • 0.26 Acre Lot
  • 1 Car Detached Garage
  • Back Yard Fenced and Front Yard
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of March 2025

This investment property located at 716 Community in Lansing, MI, offers a fantastic opportunity with two well-maintained duplex units. The 1-bedroom unit generates $750 per month in rent, while the 2-bedroom unit brings in $1,099 monthly. The property has been recently updated, featuring fresh paint throughout and brand-new vinyl plank flooring in nearly every room, providing a modern and low-maintenance finish. Additionally, the property has seen upgrades in key areas, including updated faucets and vanities, enhancing both the aesthetics and functionality. This duplex is a great turnkey option for investors seeking reliable rental income with a property that requires minimal immediate maintenance.

Last Agent to Sell the Property

Morgan Meredith

Keller Williams Realty Lansing License #6501422310 Listed on: 01/22/2025

Keller Williams Realty Lansing

Last Buyer's Agent

Giorgio Burigana

EXIT Realty Home Partners License #6501440105

EXIT Realty Home Partners

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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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 66x175
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 2 Units
  • East Street Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 1934
  • Above Grade Finished Sq Ft: 1230.0
  • General Property Info:Lot Size Dimensions: 66x175
  • General Property Info:Above Grade Finished Area: 1230.0
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Electric Water Heater2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Michigan
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • SpaFeatures: None
  • Full Basement: Yes
  • Basement:Michigan: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Spa Features:None22: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Back Yard, City Lot, Front Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Front Porch
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Front Yard2: Yes
  • Pool Features:None19: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Front Porch: Yes
  • Roof:Shingle: Yes
  • Road Frontage Type:City Street: Yes
  • Fencing:Back Yard: Yes
  • Exterior:Vinyl Siding: Yes
  • Road Surface Type:Paved: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Detached, Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 3
  • Parking Features:Garage Spaces2: 1

Utilities

  • Sewer: Public Sewer
  • Appliances: Electric Water Heater
  • Cooling: None
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None8: Yes
  • Electric 100 Amp Service: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: 66x175
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Land Acreage 14 thru 12 Acre: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 2002
  • Tax Info:Taxable Value: 50505.0
  • Tax Info:State Eq Value: 52600.0

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
Jan 22, 2025
Closed on
Mar 24, 2025
Sold by
Rambo Thomas L
Bought by
Seller's Agent
Morgan Meredith
Keller Williams Realty Lansing
Buyer's Agent
Giorgio Burigana
EXIT Realty Home Partners
List Price
$135,000
Sold Price
$126,078
Premium/Discount to List
-$8,922
-6.61%
Views
1030
Current Estimated Value
$139,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,119
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
Jan 22, 2025
Closed on
Mar 20, 2025
Sold by
Cunningham Brandon and Cunningham Alex
Bought by
Bryce Llc
Seller's Agent
Morgan Meredith
Keller Williams Realty Lansing
Buyer's Agent
Giorgio Burigana
EXIT Realty Home Partners
List Price
$135,000
Sold Price
$126,078
Premium/Discount to List
-$8,922
-6.61%
Views
1030
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Northside Lansing, MI

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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
$95,000 Liberty Title
Bryce Llc $126,078 Liberty Title
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 Prior Sale
03/21/2025 03/21/25 Sold $126,078 -3.0% $103 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/07/2025 02/07/25 Price Changed $130,000 -3.7% $106 / Sq Ft
01/22/2025 01/22/25 For Sale $135,000 +36.4% $110 / Sq Ft
05/27/2022 05/27/22 Sold $99,000 -7.5% $80 / Sq Ft View Prior Sale
05/23/2022 05/23/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $107,000 -- $87 / 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 $4,662 $62,900 $10,400 $52,500
2025 $3,638 $55,500 $10,400 $45,100
2024 $35 $52,600 $10,400 $42,200
2023 $4,080 $48,100 $10,400 $37,700
2022 $2,573 $42,500 $9,400 $33,100
2021 $2,514 $38,200 $7,100 $31,100
2020 $2,495 $35,700 $7,100 $28,600
2019 $2,405 $32,100 $7,100 $25,000
2018 $2,286 $28,800 $7,100 $21,700
2017 $2,197 $28,800 $7,100 $21,700
2016 $2,110 $28,400 $7,100 $21,300
2015 $2,110 $27,500 $14,237 $13,263
2014 $2,110 $26,700 $17,441 $9,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 285852

Greater Lansing Association of Realtors®

APN: 01-01-03-151-201

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