For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lansing 48915 Knollwood Willow
1354 Lansing Avenue
$49,000
● House - Off Market

1354 Lansing Avenue

Lansing, MI 48915
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$376
Est. Monthly
22.61%
Cap Rate

About This Property

Coming Soon!  Property would make a great investment property or for a 1st time buyer.  Home features 2 bedrooms, livingroom/kitchen combo.  Large covered front porch, private fenced-in back yard.  Home sold ''AS IS''.  EMD to be held with seller's title company.  Any City certs or inspections to be paid by the buyer at their expense prior to closing.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$72
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1924

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #24022987)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
May 22, 2024 In contract -
In contract
May 8, 2024 Listed by Willingham Real Estate $51,900
Listed by Willingham Real Estate
Apr 27, 2023 Sold
Premium
Sold
May 17, 2017 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,845
  • Lot Size Depth Feet: 1,064
  • Lot Size Frontage Feet: 400
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND SUB
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 462 & S 5 FT LOTS 460 & 461 NORTH HIGHLAND SUB

Neighborhood

  • School District Name: Lansing Public School District
  • School Tax School District: 33020
  • Census Tract: 006800

Geography

  • District: 01-01
  • Parcel: 33-01-01-08-281-011
  • Lot: 460-462
  • Municipality: LANSING CITY
  • Latitude: 42.75
  • Longitude: -84.5655

    Address

  • Full Address: 1354 Lansing Ave
  • Address - House Number: 1354
  • Address - Street Name: Lansing
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Lansing
  • Carrier Code: C034
  • 4-Digit Zip Code: 2211
  • Zip Code: 48915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,023

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: May 03, 2023
  • Confidence Score: 67
  • Final Value: 67,095
  • High Value: 82,806
  • Low Value: 51,384

    Market Valuation

  • Market Total Value: $47,600
  • Market Land Value: $6,600
  • Market Improvement Value: $41,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,800
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $20,500

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 21318
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: Feb 27, 2017
  • Previous Sale Amount: $19,509
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westside

Stats & Trends

Median Asking:

$87,500

Sale Price/ft²

$80

Below Asking

0.09%

Average Days on Market

65

Average Home Size

1184 ft²

Average Home Age

111.2 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Francine Willingham, Willingham Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24022987
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1354 Lansing Avenue built and last sold?
The property at 1354 Lansing Avenue was built in 1924 and last sold on Apr 20, 2023 for $28,774.
How much is this home worth?
The estimated value of the home located at 1354 Lansing Avenue is $0.
What are some comparable homes to 1354 Lansing Avenue?
There are currently no comparable homes to 1354 Lansing Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lansing Homes for Sale
Lansing Houses for Sale
Lansing Condos for Sale
Lansing Townhouses for Sale
Lansing Multifamily for Sale
Lansing Land for Sale
Lansing Commercial for Sale
Lansing Homes with Basements
Nearby Cities
Holt Homes for Sale
East Lansing Homes for Sale
Okemos Homes for Sale
Haslett Homes for Sale
Waverly Homes for Sale
Charlotte Homes for Sale
Grand Ledge Homes for Sale
Mason Homes for Sale
Nearby Property Records
Ingham County, MI Property Records
Eaton County, MI Property Records
Clinton County, MI Property Records
Shiawassee County, MI Property Records
Ionia County, MI Property Records
Livingston County, MI Property Records
Jackson County, MI Property Records
Gratiot County, MI Property Records
Neighborhoods
Old Everett Real Estate
Colonial Village Real Estate
Moores Park Real Estate
Churchill Downs Real Estate
Groesbeck Area Real Estate
Old Forest Real Estate
Forest View Real Estate
Downtown Lansing Real Estate
Nearby Counties
Meridian Homes for Sale
Delta Homes for Sale
Delhi Homes for Sale
East Lansing Homes for Sale
DeWitt Homes for Sale
Charlotte Homes for Sale
Bath Homes for Sale
Perry Homes for Sale
Top Real Estate Agents
Top Agents in Knollwood Willow
Top Agents in Lansing
Top Agents in 48910
Top Agents in Meridian
Top Agents in 48823
Top Agents in 48911
Top Agents in Delta
Top Agents in 48917