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Off market
  • $130,100

    228 Woodlawn Ave, Lansing, MI 48910

    6beds
    0baths
    2,207sqft
    MultiFamily
    Built in 1908
    -- sqft lot
    $130,100 Zestimate®
    $59/sqft
    $1,329 Estimated rent

    Home value

    $130,100

    $98,000 - $163,000

    $1,329/mo

    Zestimate® history
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    Owner options

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    $1,329/mo

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    $1,329/mo

    Rent Zestimate®

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    $966/mo

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    $966/mo

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    What's special

    REO Town money maker. 3 units all rented. Walking distance to REO Town and Downtown. 1 block from the Bus line. Solid rental history. Licensed Rental with the City of Lansing, valid through 6/2020. Located in Reo Town and backs up to the river! Walk to Reo Town, Downtown, LCC. Bus Stop is 1 block away. Excellent opportunity for Investment and or Owner occupied. 3 units. (1) 3 bedroom unit, (1) 2 bedroom unit and (1) 1 bedroom unit. All tenants are on month to month leases allowing new owner to make changes faster. City of Lansing Rental License was renewed in spring of 2019. There are 3 electric meters, and 2 furnaces (one furnace covers 2 units). Solid money making investment. Newer windows, eves and hotwater heaters.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Features
    • Flooring: Linoleum / Vinyl
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,207 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 33010121328281

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Crawl/Raised
    Condition
    • Year built: 1908

    Community & HOA

    Location
    • Region: Lansing

    Financial & listing details

    • Price per square foot: $59/sqft
    • Tax assessed value: $74,100
    • Annual tax amount: $3,785

    Price history

    DateEventPrice
    3/25/2020Listing removed$75,900$34/sqft
    Source: Real Estate One #243944 Report a problem
    2/3/2020Price change$75,900-1.3%$34/sqft
    Source: Real Estate One 1st #243944 Report a problem
    9/20/2019Price change$76,900-3.8%$35/sqft
    Source: Real Estate One #239649 Report a problem
    7/18/2019Listed for sale$79,900$36/sqft
    Source: Real Estate One #233756 Report a problem
    5/20/2019Pending sale$79,900$36/sqft
    Source: Real Estate One #233756 Report a problem
    3/19/2019Price change$79,900-4.8%$36/sqft
    Source: Real Estate One #233756 Report a problem
    2/8/2019Listed for sale$83,900$38/sqft
    Source: Real Estate One 1st #233756 Report a problem
    12/17/2018Listing removed$83,900$38/sqft
    Source: Real Estate One #228214 Report a problem
    7/12/2018Listed for sale$83,900+281.4%$38/sqft
    Source: Real Estate One 1st #228214 Report a problem
    11/21/2008Sold$22,000-69.4%$10/sqft
    Source: Public Record Report a problem
    3/14/2008Sold$72,013-18.2%$33/sqft
    Source: Public Record Report a problem
    7/23/2004Sold$88,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,785 +24.5%$74,100 +23.3%
    2024$3,039 $60,100 +14.7%
    2023-- $52,400 +12.4%
    2022-- $46,600 +12.8%
    2021-- $41,300 +8.4%
    2020-- $38,100 +9.8%
    2019$4,935 $34,700 +12.7%
    2018$4,935 +114.1%$30,800
    2017$2,305 $30,800 +2%
    2016$2,305 $30,200 +3.1%
    2015$2,305 $29,300 +4.3%
    2014$2,305 $28,100 -3.8%
    2013-- $29,200 -7%
    2012-- $31,400 -12.8%
    2011-- $36,000 -13.9%
    2010-- $41,800 -22%
    2009-- $53,600 -8.1%
    2008-- $58,300 +0.5%
    2007-- $58,000 +6.2%
    2006-- $54,600 +24%
    2005-- $44,050 +3.9%
    2004-- $42,400 +26.9%
    2003-- $33,400 +23.7%
    2002-- $27,000 +13.9%
    2001-- $23,700 +5.8%
    2000-- $22,400
    Find assessor info on the county website

    Neighborhood: REO Town

    Nearby schools

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

    Source: The MLS. 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
    $130,100
    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
    $130,100