Sold
640 S Magnolia Avenue, Lansing, MI 48912
Last sold on Invalid Date for$50,000
2 beds1 bath650 sqftBuilt 19110.1 acres
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Description
Investor opportunity in a strong Lansing rental area! This property is being sold AS-IS and offers solid upside for investors looking for a value-add or buy-and-hold opportunity. Functional layout with good square footage, full basement for storage or future improvement, and a lot size that supports long-term rental demand. Located near downtown Lansing, Michigan State University, Sparrow Hospital, shopping, public transportation, and major roadways—an area known for consistent tenant demand. Ideal for BRRRR, renovation, or long-term rental portfolio addition. Cash or renovation financing preferred. Bring your vision and unlock the potential.
Price & Status History
Feb 19, 2026MLS #25062779
Sold
$50,000
Dec 29, 2025MLS #25062779
Listed for sale
$70,000
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| Sold | $70,000 | $50,000 | Dec 29, 2025 | Feb 19, 2026 | MichRIC | View → |
Tax & Assessment
Parcel Number33-01-01-14-358-341
Assessed Value$22,192
Annual Tax (2025)$1,912
Property Details
Property TypeResidentialBedrooms2Bathrooms1Living Area650 sqftLot Size0.1 acresYear Built1911CityLansingMunicipalityLansing CityZip Code48912School DistrictLansingTerms AcceptedCash, Conventional
Listed by Cedric W Wicks
Five Star Real Estate