For sale

Price increase: $34.9K (7/14)

$95,000

216 Reo Ave #1-2-3, Lansing, MI 48910

3beds

3baths

--sqft

$824/mo

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Triplex

Built in 1910

-- sqft lot

$128,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Rare opporunity to own a triplex in the thriving REO town community. The building is split into an efficiency, 1 bed/1 bath and 2 bed/1 bath with common entrance. Currently fully occupied. Shared utilities.

83 days
392
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Laundry: None

Features

Basement: Full

Interior area

Finished area above ground: 1,431

Property

Parking

Total spaces: 3
Parking features: No Garage

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Front Porch

Lot

Size: 2,178 Square Feet
Dimensions: 33 x 71

Details

Parcel number: 33010121328091
Zoning description: Zoning

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Wood Siding
Roof: Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: REO Park

Location

Region: Lansing

Financial & listing details

Tax assessed value: $26,438
Date on market: 6/12/2026
Listing terms: Cash,Conventional

Estimated market value

$128,000

$122,000 - $134,000

$1,244/mo

Price history

Date	Event	Price
7/14/2026	Price change	$129,900+36.7%
Source: BHHS broker feed #295538 Report a problem
6/12/2026	Listed for sale	$95,000-26.9%
Source: Greater Lansing AOR #296724 Report a problem
6/4/2026	Listing removed	$129,900
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #630000295538 Report a problem
4/30/2026	Listed for sale	$129,900
Source: Greater Lansing AOR #295538 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: REO Town

Getting around

73 / 100

Very Walkable

38 / 100

Some Transit

71 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
Lewton School
Grades: PK-8Distance: 1.9 mi
3/10
J.W. Sexton High School
Grades: 9-12Distance: 1.5 mi
6/10
Cavanaugh School
Grades: PK-3Distance: 2 mi

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.