For Sale
520 S Holmes Street, Lansing, MI 48912
$175,000
MLS # 26035165 (Michigan Regional Information Center (MichRIC))
5 beds3 baths1,610 sqftBuilt 19510.14 acres
1 / 34
Listing Description
Investment property with lease in place. Home is currently tenant occupied. Please see attached documents for lease information and additional details.Welcome home to this beautifully updated 1,610 sq ft single family home offering 5 bedrooms and 3 bathrooms, providing plenty of space for everyday living, guests, a home office, or hobbies. Inside, you will find an updated interior with a flexible layout designed to fit a variety of lifestyles. Situated on a 0.14 acre lot with a manageable yard and garage, this home offers comfort, function, and room to grow. Conveniently located in Lansing near shopping, dining, parks, and major roadways, this is a wonderful opportunity to enjoy space and convenience at an affordable price.
Source: SparkMLS
About this home
5-bedroom, 3-bath, 1,610 sq ft home in Lansing in Lansing built in 1951.
Listed at $175,000 (about $109/sq ft).
Estimated annual property tax: $3,300, or about $275 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area1,610 sqft
Lot Size0.14 acres
Year Built1951
Stories2
Location
CityLansing
MunicipalityLansing City
Zip Code48912
CountyIngham
School DistrictLansing
Construction & Systems
StyleCraftsman
ConstructionVinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/9/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,300
Tax Year2025
State Equalized Value$71,200
Taxable Value$38,923
Assessed Value$39,973
Parcel #33-01-01-15-379-131
Source: Public Records
Legal Description
S 80 FT LOT 20 & COM SE COR LOT 20, TH E 8.25 FT, N 80 FT, W 8.25 FT, S 80 FT TO BEG; BLOCK 7 LANSING IMPROVEMENT COMPANYS ADD
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kristeen Hulliberger
Five Star Real Estate (Ada)
Frequently Asked Questions about 520 S Holmes Street, Lansing, MI 48912
Which school district serves 520 S Holmes Street, Lansing, MI 48912?
Per MLS# 26035165, 520 S Holmes Street, Lansing, MI 48912 is in the Lansing boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lansing directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26035165, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 520 S Holmes Street, Lansing, MI 48912?
Per public tax records, annual property taxes for this property are $3,300 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 520 S Holmes Street, Lansing, MI 48912 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 520 S Holmes Street, Lansing, MI 48912 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 520 S Holmes Street, Lansing, MI 48912?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Lansing City police department or the Ingham County sheriff's office.
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Monthly payment$1,135
Principal & interest$1,135
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
520 S Holmes Street, Lansing, MI 48912
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Lansing
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