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

640 S Magnolia Avenue

^$ 70,000

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Recently Listed

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.

Single Family Active

Price

^$ 70,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,912

Style

Lot Size

0.1

Year Built

1911

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

70509425

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1911

County Ingham

Class RESIDENTIAL

Type Single Family

Municipality Lansing

New Construction Y/N No

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Lansing (33021)

Primary City Lansing

City Lansing

School District Lansing Public School District

Financial Terms Cash Conventional

Legal Description LOT 59 LANSING ADDITION COMPANYS SUB REC L 5 P 20

DOM 2

Postal Code 48912

Price Per Sq Ft Total AG 107.69

Public Remarks

Interior

Basement MI Basement

Beds 2

Total Rooms 6

Exterior

Exterior Aluminum Vinyl Siding

Frontage 32

Lot Size Area 0.1

Pool (Y/N) No

Lot Dimensions 132' x 32'

Waterfront Y/N No

* Excluded Features

List By

Cedric Wicks

Listing Agent

Five Star Real Estate

Broker

cedric.wicks@wickshousing.com

Affordability Calculator

$596

Per Month

Monthly Principal & Interest: $437
Monthly Property Taxes: $159
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Single family listings in Lansing, MI

Average List Price ^$151,739

Percent of Sale Price 117%

About Lansing, MI

115,311 Population

-2% Since 2002

^$37,738 Median Income

35.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1302915 Elementary School

1302913 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/28/2025	$70,000		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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640 S Magnolia Avenue

Single Family Home for sale in Lansing, MI

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