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Sold
  • $45,000

    1109 E Oakland Ave, Lansing, MI 48906

    3beds
    864sqft
    Single Family Residence
    Built in 1919
    5,662 Square Feet Lot
    $84,400 Zestimate®
    $52/sqft
    $1,196 Estimated rent

    Home value

    $84,400

    $66,000 - $104,000

    $1,196/mo

    Zestimate® history
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    Owner options

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    $1,196/mo

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    $1,196/mo

    Rent Zestimate®

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    $260/mo

    Est. payment

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    $260/mo

    Est. payment

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    What's special

    Who do you know that is looking for rental property that is generating cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $1000/month. The roof was replaced in 2023, the furnace in 2020, and the water heater in 2017. This is a great rental at a great price, don't miss this opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derrek Sterken 616-403-3442,

    Coldwell Banker Woodland Schmidt ART Office,

    Steve C Sterken 616-403-4748,

    Coldwell Banker Woodland Schmidt ART Office

    Bought with:

    Steven Koleno

    Source: MichRIC,MLS#: 23145293MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Appliances
    • Laundry: See Remarks
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 2
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 44 x 132
    Details
    • Parcel number: 010110330151
    • Zoning description: RES

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1919

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Lansing

    Financial & listing details

    • Price per square foot: $52/sqft
    • Tax assessed value: $18,968
    • Annual tax amount: $2,155
    • Date on market: 12/19/2023
    • Listing terms: Cash,Contract,Conventional

    Price history

    DateEventPrice
    6/22/2026Listing removed$1,300$2/sqft
    Source: Zillow Rentals Report a problem
    6/4/2026Price change$1,300+13%$2/sqft
    Source: Zillow Rentals Report a problem
    6/2/2026Price change$1,150-11.5%$1/sqft
    Source: Zillow Rentals Report a problem
    5/6/2026Price change$1,300+13%$2/sqft
    Source: Zillow Rentals Report a problem
    4/29/2026Price change$1,150-11.5%$1/sqft
    Source: Zillow Rentals Report a problem
    3/25/2026Price change$1,300+13%$2/sqft
    Source: Zillow Rentals Report a problem
    2/5/2026Listed for rent$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    2/5/2026Listing removed$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    12/10/2025Listed for rent$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    8/30/2025Listing removed$69,900+55.3%$81/sqft
    Source: Realcomp II #71023013530 Report a problem
    6/17/2024Sold$45,000-23.7%$52/sqft
    Source: MichRIC #23145293 Report a problem
    6/5/2024Pending sale$59,000$68/sqft
    Source: MichRIC #23145293 Report a problem
    5/25/2024Price change$59,000-9.2%$68/sqft
    Source: MichRIC #23145293 Report a problem
    4/8/2024Price change$65,000-7.1%$75/sqft
    Source: MichRIC #23145293 Report a problem
    12/19/2023Listed for sale$70,000-3.4%$81/sqft
    Source: MichRIC #23145293 Report a problem
    10/30/2023Listing removed--
    Source: MichRIC #23138273 Report a problem
    10/13/2023Listed for sale$72,500+3.7%$84/sqft
    Source: MichRIC #23138273 Report a problem
    9/1/2023Listing removed--
    Source: RE/MAX of Michigan Report a problem
    5/1/2023Listed for sale$69,900+266%$81/sqft
    Source: MichRIC #23013530 Report a problem
    10/27/2016Listing removed--
    Source: Auction.com Report a problem
    10/15/2016Listed for sale--
    Source: Auction.com Report a problem
    7/25/2016Sold$19,100+13%$22/sqft
    Source: Public Record Report a problem
    7/13/2016Listed for sale--
    Source: Auction.com Report a problem
    7/25/2000Sold$16,900$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,268 +6.2%$35,300 +19.3%
    2024$2,136 $29,600 +16.1%
    2023-- $25,500 +11.8%
    2022-- $22,800 +9.1%
    2021-- $20,900 +7.2%
    2020-- $19,500 +6%
    2019$1,519 $18,400 +8.2%
    2018$1,519 -66.1%$17,000
    2017$4,476 $17,000 +1.8%
    2016$4,476 $16,700 +1.8%
    2015$4,476 $16,400 +0.6%
    2014$4,476 $16,300
    2013-- $16,300 -5.8%
    2012-- $17,300 -8.5%
    2011-- $18,900 -12.1%
    2010-- $21,500 -9.3%
    2009-- $23,700 -8.1%
    2008-- $25,800 +1.6%
    2007-- $25,400 +0.4%
    2006-- $25,300 +13.5%
    2005-- $22,300 +29.7%
    2004-- $17,200 +13.2%
    2003-- $15,200 +15.2%
    2002-- $13,200 +12.8%
    2001-- $11,700 +7.3%
    2000-- $10,900
    Find assessor info on the county website

    Neighborhood: Northtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $84,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $84,400