For sale

$130,000

507 N Clemens Ave, Lansing, MI 48912

3beds

946sqft

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Single Family Residence

Built in 1916

4,356 Square Feet Lot

$148,700 Zestimate^®

$137/sqft

$-- HOA

What's special

Welcome to 507 N. Clemens Ave in Lansing, a well-maintained and updated 3-bedroom, 2-bath home offering a fantastic opportunity for both investors and future homeowners. Currently tenant-occupied on a month-to-month lease at $1,375 per month, this property provides immediate rental income with flexibility for future plans. Inside, you'll find newer flooring, an updated bathroom, and numerous improvements that make this home move-in ready. Major updates include new plumbing in 2021 and a new central air conditioning system in 2023, providing added comfort and peace of mind. Whether you're looking to expand your investment portfolio or purchase a home with income potential, this updated property offers an excellent combination of value, convenience, and opportunity.

4 days

553

34

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 127.3 Square Feet
Dimensions: 9.5 x 13.4

Bedroom 2

Level: Second
Area: 93.94 Square Feet
Dimensions: 9.12 x 10.3

Bedroom 3

Level: Second
Area: 91 Square Feet
Dimensions: 10 x 9.1

Dining room

Level: First
Area: 135 Square Feet
Dimensions: 13.5 x 10

Kitchen

Level: First
Area: 171 Square Feet
Dimensions: 18 x 9.5

Living room

Level: First
Area: 148.5 Square Feet
Dimensions: 13.5 x 11

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Oven, Range, Refrigerator, Water Heater
Laundry: In Basement

Features

Eat-in Kitchen
Basement: Michigan

Interior area

Total structure area: 1,522
Total interior livable area: 946 sqft
Finished area above ground: 946
Finished area below ground: 0

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

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

Lot

Size: 4,356 Square Feet
Dimensions: 33 x 136.6
Features: Back Yard, Front Yard

Details

Additional structures: Shed(s)
Foundation area: 576
Parcel number: 33010114101211
Zoning description: Zoning

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Shingle

Condition

Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Adams

Location

Region: Lansing

Financial & listing details

Price per square foot: $137/sqft
Tax assessed value: $46,500
Annual tax amount: $3,807
Date on market: 7/15/2026
Listing terms: VA Loan,Cash,Conventional,FHA,MSHDA
Road surface type: Paved

Estimated market value

$148,700

$129,000 - $168,000

$1,756/mo

Price history

Date	Event	Price
7/15/2026	Listed for sale	$130,000+30%$137/sqft
Source: Greater Lansing AOR #297580 Report a problem
12/30/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/28/2023	Price change	$1,375+14.6%$1/sqft
Source: Zillow Rentals Report a problem
12/22/2023	Listed for rent	$1,200-24.8%$1/sqft
Source: Zillow Rentals Report a problem
2/19/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
2/2/2022	Price change	$1,595-5.9%$2/sqft
Source: Zillow Rental Network Premium Report a problem
12/26/2021	Listed for rent	$1,695$2/sqft
Source: Zillow Rental Network Premium Report a problem
11/12/2021	Sold	$100,000-9.1%$106/sqft
Source: Greater Lansing AOR #259885 Report a problem
10/22/2021	Pending sale	$110,000$116/sqft
Source: Greater Lansing AOR #259885 Report a problem
10/19/2021	Listed for sale	$110,000$116/sqft
Source: Greater Lansing AOR #259885 Report a problem
10/9/2021	Pending sale	$110,000$116/sqft
Source: Greater Lansing AOR #259885 Report a problem
10/2/2021	Price change	$110,000-8.3%$116/sqft
Source: Greater Lansing AOR #259885 Report a problem
9/26/2021	Price change	$120,000-3.5%$127/sqft
Source: Greater Lansing AOR #259885 Report a problem
9/22/2021	Listed for sale	$124,400+38.4%$132/sqft
Source: Greater Lansing AOR #259885 Report a problem
8/3/2018	Listing removed	$89,900$95/sqft
Source: RE/MAX Real Estate Professionals #227484 Report a problem
6/21/2018	Listed for sale	$89,900$95/sqft
Source: RE/MAX Real Estate Pros West #227484 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,495 +11.9%	$46,500 +10.5%
2024	$3,124	$42,100 +8.8%
2023	--	$38,700 +6.9%
2022	--	$36,200 +7.7%
2021	--	$33,600 +5.3%
2020	--	$31,900 +4.2%
2019	$1,568	$30,600 -0.3%
2018	$1,568 +4.6%	$30,700
2017	$1,500	$30,700 +10%
2016	$1,500	$27,900 +4.5%
2015	$1,500	$26,700 +2.3%
2014	$1,500	$26,100 -2.2%
2013	--	$26,700 -7.9%
2012	--	$29,000 -8.2%
2011	--	$31,600 -9.7%
2010	--	$35,000 -8.9%
2009	--	$38,400 -7.2%
2008	--	$41,400 +1.2%
2007	--	$40,900 +10.8%
2006	--	$36,900 +3.1%
2005	--	$35,800 +5%
2004	--	$34,100 +7.6%
2003	--	$31,700 +12.8%
2002	--	$28,100 +13.3%
2001	--	$24,800 +5.5%
2000	--	$23,500

Find assessor info on the county website

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.

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.

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Climate risks

Neighborhood: Eastfield

Getting around

73 / 100

Very Walkable

37 / 100

Some Transit

72 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
Pattengill Academy
Grades: PK-8Distance: 0.2 mi
5/10
Eastern High School
Grades: 9-12Distance: 0.1 mi
3/10
Sheridan Road
Grades: PK,5-8Distance: 2.5 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.