Prime East Lansing Rental - Steps from MSU
This well-maintained 3-bedroom, 2-bath home is located near Michigan State University, in one of the area's most desirable rental markets. The property features a full finished basement with egress window and a second kitchen, offering flexible living or rental options.
Licensed for three individuals or a family under a Class IV rental license, this home is clean, move-in ready, and ideal for investors seeking a high-demand location with strong rental potential. Recent updates include a newer roof, furnace, hot water heater, central air, and updated sewer line. Highest and Best Offer due Monday 9-15-25.
Sold for $255,000
$255,000
562 Virginia Ave, East Lansing, MI 48823
3beds
1,920sqft
Single Family Residence
Built in 1968
5,227 Square Feet Lot
$265,800 Zestimate®
$133/sqft
$2,292 Estimated rent
Home value
$265,800
$242,000 - $292,000
$2,292/mo
Zestimate® history
Owner options
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$2,292/mo
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$2,292/mo
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$1,769/mo
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$1,769/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Nicole Ann Reimer 517-927-3701,
EXIT Realty Home Partners
Bought with:
Nicole Ann Reimer, 6501393858
EXIT Realty Home Partners
Source: Greater Lansing AOR,MLS#: 290536
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 103.85 Square Feet
- Dimensions: 11.4 x 9.11
Bedroom 2
- Level: First
- Area: 81.1 Square Feet
- Dimensions: 8.11 x 10
Bedroom 3
- Level: First
- Area: 73.88 Square Feet
- Dimensions: 8.11 x 9.11
Dining room
- Level: First
- Area: 78 Square Feet
- Dimensions: 7.5 x 10.4
Kitchen
- Level: First
- Area: 104 Square Feet
- Dimensions: 10 x 10.4
Living room
- Level: First
- Area: 194.68 Square Feet
- Dimensions: 12.4 x 15.7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Microwave, Washer/Dryer, Washer, Refrigerator, Range, Oven, Electric Water Heater, Dryer, Dishwasher
- Laundry: In Basement
Features
- Ceiling Fan(s), Eat-in Kitchen
- Flooring: Combination, Hardwood, Laminate, Vinyl
- Basement: Egress Windows,Finished,Full
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 960
- Finished area below ground: 960
Property
Parking
- Parking features: Driveway, Paved
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Private Yard
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 135
- Features: Back Yard, City Lot, Front Yard, Landscaped, Many Trees, Native Plants, Near Public Transit, Private
Details
- Foundation area: 960
- Parcel number: 33200218220024
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Subdivision: Avondale
Location
- Region: East Lansing
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $100,400
- Annual tax amount: $5,927
- Date on market: 8/15/2025
- Listing terms: VA Loan,Cash,Conventional,FHA
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2025 | Price change | $1,900-20.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/7/2025 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2025 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/25/2025 | Listed for rent | $2,400+4.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2025 | Sold | $255,000-5.6%$133/sqft |
Source:  Greater Lansing AOR #290536 Report a problem | ||
| 10/6/2025 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2025 | Contingent | $270,000$141/sqft |
Source: Greater Lansing AOR #290536 Report a problem | ||
| 9/15/2025 | Listed for rent | $2,300+15%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Listed for sale | $270,000+57.9%$141/sqft |
Source: Greater Lansing AOR #290536 Report a problem | ||
| 8/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/30/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/12/2019 | Sold | $171,000-7.6%$89/sqft |
Source: Greater Lansing AOR #234005 Report a problem | ||
| 2/21/2019 | Listed for sale | $185,000+31.2%$96/sqft |
Source: Musselman Realty Company #234005 Report a problem | ||
| 6/15/2006 | Sold | $141,000+66.4%$73/sqft |
Source: Public Record Report a problem | ||
| 2/16/2000 | Sold | $84,750$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,316 +6.6% | $100,400 +4.4% |
| 2024 | $5,927 | $96,200 +9.7% |
| 2023 | -- | $87,700 +12.9% |
| 2022 | -- | $77,700 +2.8% |
| 2021 | -- | $75,600 |
| 2020 | -- | $75,600 +21.9% |
| 2019 | $4,338 | $62,000 +2.8% |
| 2018 | $4,338 | $60,300 +1.2% |
| 2017 | -- | $59,600 |
| 2016 | -- | $59,600 +8% |
| 2015 | -- | $55,200 |
| 2014 | -- | $55,200 +4.7% |
| 2013 | -- | $52,700 |
| 2012 | -- | $52,700 -5.7% |
| 2011 | -- | $55,900 |
| 2010 | -- | $55,900 |
| 2009 | -- | $55,900 -19% |
| 2008 | -- | $69,000 +3% |
| 2007 | -- | $67,000 +18.6% |
| 2006 | -- | $56,500 +6% |
| 2005 | -- | $53,300 +6% |
| 2004 | -- | $50,300 +6.1% |
| 2003 | -- | $47,400 +5.1% |
| 2002 | -- | $45,100 +6.1% |
| 2001 | -- | $42,500 +2.2% |
| 2000 | -- | $41,600 |
Find assessor info on the county website
Neighborhood: Avondale Square
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Nearby schools
GreatSchools rating
- 8/10Marble SchoolGrades: PK-5Distance: 0.2 mi
- 7/10MacDonald Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10East Lansing High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- High: East 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
$265,800
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
$265,800
- Michigan
- Ingham County
- East Lansing
- 48823
- Avondale Square
- 562 Virginia Ave
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Nearby neighborhoods
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