640 S Magnolia Avenue Lansing, MI $ 70,000
640 S Magnolia Avenue
$ 70,000
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640 S Magnolia Avenue

Lansing, MI, 48912
$ 70,000
Bedrooms2 Baths1.0 Sq 650

Monthly Estimate*

$ 437

640 S Magnolia Avenue, Lansing, MI 48912 - Image 1
640 S Magnolia Avenue, Lansing, MI 48912 - Image 2
640 S Magnolia Avenue, Lansing, MI 48912 - Image 3
640 S Magnolia Avenue, Lansing, MI 48912 - Image 4
640 S Magnolia Avenue, Lansing, MI 48912 - Image 5
640 S Magnolia Avenue, Lansing, MI 48912 - Image 6
640 S Magnolia Avenue, Lansing, MI 48912 - Image 7

Single Family Home for sale in Lansing, MI

for $70,000 with 2 bedrooms and 1 full bath. This 650 square foot home was built in 1911 on a lot size of 0.1.

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.

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Single Family Active

Price

$ 70,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,912

Style

Ranch,Traditional

Lot Size

0.1

Year Built

1911

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

25062779

Features
Interior
Interior Amenities Broadband
Basement Crawl Space Michigan Basement
Total Fireplaces 0
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 0.0
Main Level Bedrooms 2
Total Baths 1
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General
Sewer Public
Heating Forced Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available
Roof Asphalt
Architectural Style Ranch Traditional
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1911
Stories Count 1
Township Lansing City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Ingham
New Construction N
Property Type Residential
Subdivision Name Lansing Add Companys
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Active
City Lansing
High School District Lansing
Zoning Description B RESID
MLS Area Ingham County - 20
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Y/N N
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 1912.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ingham County - 20
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 22192
Legal Description LOT 59 LANSING ADDITION COMPANYS SUB REC L 5 P 20
Senior Community None
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 0.1
Spa N
Building Area Total 650.0
Lot Dimensions 132' x 32'
Lot Size Acres 0.1
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 640
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* Excluded Features
List By
Five Star Real Estate

Broker

cedric.wicks@wickshousing.com

Email

Affordability Calculator

$596
Per Month
73%
27%
0%
Monthly Principal & Interest
$437
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1144908 Elementary School
1144919 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/28/2025$70,000 Listed Price

Map


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640 S Magnolia Avenue, Lansing, MI, 48912 is a Single Family Home for sale at $70,000 with 650 sqft and a lot size of 0.1. 640 S Magnolia Avenue has 2 bedrooms, 1.0 baths, and was built in 1911. The property's zip code is 48912 which is in Lansing, MI