This 2-unit duplex on the desirable east side of Lansing offers an outstanding investment opportunity just minutes from MSU, Downtown Lansing, and the Frandor Shopping Center. Currently fully occupied and generating $2,160 per month in rental income, this property provides immediate, reliable cash flow. Each unit offers comfortable living space with access to a shared unfinished basement with shared laundry and a fully fenced backyard that adds privacy and outdoor enjoyment for tenants. A detached two-car garage further enhances the property's value and convenience. With its prime location near major employers, shopping, dining, and campus amenities, this duplex is a smart addition to any investment portfolio.
Sold for $125,000
$125,000
217 N Magnolia Ave, Lansing, MI 48912
4beds
2baths
--sqft
Duplex
Built in 1907
-- sqft lot
$149,900 Zestimate®
$--/sqft
$1,240 Estimated rent
Home value
$149,900
$142,000 - $157,000
$1,240/mo
Zestimate® history
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$722/mo
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Zillow last checked:
Listing updated:
Listed by:
Michaela Martin 517-582-1808,
RE/MAX Real Estate Professionals
Bought with:
Ryan Nichols, 6501434199
EXP Realty, LLC
Source: Greater Lansing AOR,MLS#: 294186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: In Basement
Features
- Flooring: Carpet, Laminate
- Basement: Shared
Interior area
- Finished area above ground: 1,526
Property
Parking
- Total spaces: 2
- Parking features: Detached, Driveway, Garage, Gravel
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Fencing: Back Yard
Lot
- Size: 8,276 Square Feet
- Dimensions: 66 x 125
- Features: Back Yard, Few Trees, Front Yard
Details
- Parcel number: 33010114152311
- Zoning description: Zoning
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Shingle Siding
- Roof: Shingle
Condition
- Year built: 1907
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Columbia Park
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $58,760
- Annual tax amount: $4,812
- Date on market: 3/13/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $125,000-16.7% |
Source:  Greater Lansing AOR #294186 Report a problem | ||
| 3/19/2026 | Contingent | $150,000 |
Source: Greater Lansing AOR #294186 Report a problem | ||
| 3/13/2026 | Listed for sale | $150,000+100.3% |
Source: Greater Lansing AOR #294186 Report a problem | ||
| 5/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/20/2024 | Price change | $1,025+3% |
Source: Zillow Rentals Report a problem | ||
| 5/9/2024 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 9/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/30/2022 | Listed for rent | $995+43.2% |
Source: Zillow Rental Manager Report a problem | ||
| 2/13/2020 | Listing removed | $695 |
Source: Renaissance Property Management Report a problem | ||
| 1/10/2020 | Price change | $695-4.1% |
Source: Renaissance Property Management Report a problem | ||
| 1/2/2020 | Listed for rent | $725 |
Source: Renaissance Property Management Report a problem | ||
| 10/6/2017 | Sold | $74,900 |
Source: Public Record Report a problem | ||
| 8/30/2017 | Pending sale | $74,900 |
Source: Exit Realty Home Partners #217871 Report a problem | ||
| 7/10/2017 | Listed for sale | $74,900-22.8% |
Source: Exit Realty Home Partners #217871 Report a problem | ||
| 12/30/2004 | Sold | $97,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,812 +6.2% | $76,000 +8% |
| 2024 | $4,531 | $70,400 +8.3% |
| 2023 | -- | $65,000 +7.3% |
| 2022 | -- | $60,600 +10.2% |
| 2021 | -- | $55,000 +5.4% |
| 2020 | -- | $52,200 +0.6% |
| 2019 | $3,149 | $51,900 +11.4% |
| 2018 | $3,149 +4.1% | $46,600 |
| 2017 | $3,024 | $46,600 +9.6% |
| 2016 | $3,024 | $42,500 +3.9% |
| 2015 | $3,024 | $40,900 +3.8% |
| 2014 | $3,024 | $39,400 -2.2% |
| 2013 | -- | $40,300 -7.8% |
| 2012 | -- | $43,700 -8% |
| 2011 | -- | $47,500 -9.7% |
| 2010 | -- | $52,600 -8.7% |
| 2009 | -- | $57,600 -7.2% |
| 2008 | -- | $62,100 +1.6% |
| 2007 | -- | $61,100 +10.3% |
| 2006 | -- | $55,400 +3% |
| 2005 | -- | $53,800 +5.3% |
| 2004 | -- | $51,100 +7.1% |
| 2003 | -- | $47,700 +12.5% |
| 2002 | -- | $42,400 +12.8% |
| 2001 | -- | $37,600 +5.6% |
| 2000 | -- | $35,600 |
Find assessor info on the county website
Neighborhood: 48912
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Nearby schools
GreatSchools rating
- 4/10Pattengill AcademyGrades: PK-8Distance: 0.5 mi
- 5/10Eastern High SchoolGrades: 9-12Distance: 0.4 mi
- 3/10Sheridan RoadGrades: PK,5-8Distance: 2.8 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.
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Estimated market value
$149,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$149,900
- Michigan
- Ingham County
- Lansing
- 48912
- 217 N Magnolia Ave
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