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  • $130,000

    1223 N Washington Ave, Lansing, MI 48906

    3beds
    2baths
    --sqft
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    Duplex
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New light fixturesNew countertopFresh paintNew kitchen cabinetsNew flooring
    Great opportunity for an investor! 2 total units offering excellent flexibility and income potential! Unit 1 features 2 bedrooms and 1 bath, while Unit 2 offers 1 bedroom and 1 bath. 1223 Apt B is tenant occupied, lease ends July, 2026. 1 written lease. Apartment A is a 2 bedroom renting for $1,100. 1223 N Washington units have new flooring, fresh paint, new kitchen cabinets, new counter top, newer vanity sink and faucet in bathroom, new light fixtures. The property includes 4 total parking spaces. Prime location within walking distance to Old Town District, with shops, dining, and entertainment just minutes away. Tenant occupied in Apartment B. SEE MORE Properties may be purchased individually or together with 1219 N Washington for expanded investment potential. There is basement access from both units. The front unit has basement access through the kitchen, and the back unit has basement access through the kitchen door.
    24 days
    |
    646
    |
    52
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gary R. Newton 517-410-8307,

    RE/MAX Real Estate Professionals 517-321-8255

    Source: Greater Lansing AOR,MLS#: 297069MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Laundry: None
      Features
      • Basement: Crawl Space,Michigan
      Interior area
      • Finished area above ground: 1,560

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Driveway, Garage, On Site
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 33 x 165
      • Features: Back Yard, Few Trees
      Details
      • Parcel number: 33010109328111
      • Zoning description: Zoning

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1880

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Original of Lansing
      Location
      • Region: Lansing

      Financial & listing details

      • Tax assessed value: $49,845
      • Annual tax amount: $4,018
      • Date on market: 6/25/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,073/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$130,000-16.1%
        Source: Greater Lansing AOR #297069 Report a problem
        4/9/2025Listing removed$155,000
        Source: Greater Lansing AOR #285478 Report a problem
        3/9/2025Price change$155,000-3.1%
        Source: Greater Lansing AOR #285478 Report a problem
        2/3/2025Price change$159,900-5.9%
        Source: Greater Lansing AOR #285478 Report a problem
        12/27/2024Listed for sale$169,900-2.4%
        Source: Greater Lansing AOR #285478 Report a problem
        9/26/2024Listing removed$174,000
        Source: Greater Lansing AOR #282977 Report a problem
        9/17/2024Price change$174,000-2.8%
        Source: Greater Lansing AOR #282977 Report a problem
        8/19/2024Listed for sale$179,000+272.9%
        Source: Greater Lansing AOR #282977 Report a problem
        2/3/2016Sold$48,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,018 +6.2%$65,000 +10.4%
        2024$3,785 $58,900 +23.7%
        2023-- $47,600 +11.5%
        2022-- $42,700 +9.8%
        2021-- $38,900 +9.9%
        2020-- $35,400 +4.4%
        2019$2,492 $33,900 +7.6%
        2018$2,492 +26.2%$31,500
        2017$1,974 $31,500 +1.6%
        2016$1,974 $31,000 +3.3%
        2015$1,974 $30,000 +1.7%
        2014$1,974 $29,500 -2.6%
        2013-- $30,300 -10.6%
        2012-- $33,900 -9.6%
        2011-- $37,500 -12%
        2010-- $42,600 -9.4%
        2009-- $47,000 -8.2%
        2008-- $51,200 +0.4%
        2007-- $51,000 -4.1%
        2006-- $53,200 +19.3%
        2005-- $44,600 +21.9%
        2004-- $36,600 +15.5%
        2003-- $31,700 +17.8%
        2002-- $26,900 +14.5%
        2001-- $23,500 +5.4%
        2000-- $22,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Old Town

        Getting around

        89 / 100
        Very Walkable
        44 / 100
        Some Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Lansing

        Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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