new - 6 days on rocket

1223 N Washington Ave, Lansing, MI, 48906

$169,900

Home List Price

$2,018*

Closing Credit

0 Baths
Multi

Location

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1223 N Washington Ave, Lansing$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Parking Lot
Garage2 spaces
Year Built1880
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #285478
Lot Size0.13 Acres
StatusActive

About 1223 N Washington Ave

A GREAT OPPORTUNITY! Calling all Lansing area new or seasoned investors - DOUBLE the Income!! This sought-after 2-unit provides Great Immediate Income. Fully rented and ready to go. Rents total approximately $1,800 per month currently with potential room for growth.Prime location within walking distance to Lansings famous Old Town District. This property is part of a multi-unit portfolio with diverse income potential. ALL PROPERTY RENTS CURRENTLY TOTAL $10,043/MO * 220 Smith: 4 UNIT- 3; 2; 1& 1BR * 131 S Hosmer: 3 UNIT- 2; 1 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented. Please allow at least 24 hours to schedule showings due to tenant's notice. Financials available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1880

Listing Office:

  • Office Name: Five Star Real Estate - Lansing
  • Office Phone: (616) 531-0028
  • Listing Agent: Amber Redman

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Lighting, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: North on Washington, On West Side of the road

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900

Tax Information:

  • Annual Amount: $2,829
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lansing, MI.

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Lansing, MI

City

Med. Sold Price

$155K

Med. Price/SqFt

$119

Avg. Days On Market

31

# of Sold Homes

135

1223 N Washington Ave vs Lansing

6 DAYS ON ROCKET

-25 Days

$169,900

+$14.9K More

KEY TAKEAWAY

This property is $14.9K more than the Median Sold Price in Lansing, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Lansing Association of REALTORS®
  • MLS Number: #285478

Listing Office:

  • Office Name: Five Star Real Estate - Lansing
  • Office Phone: (616) 531-0028
  • Listing Agent: Amber Redman

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 25, 2021Home Sold
$162,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,829$38,900
2020$2,745$35,400
2019$2,591$33,900
2018$2,031$32,600
2017$2,031$31,500

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-149254
5
/10

  • Willow School

  • 1012 W Willow St

  • 0.70 miles

  • Public District Grades PK-4

school-card-donut-149255
1
/10

  • Gier Park School

  • 401 E Gier St

  • 0.80 miles

  • Public District Grades PK-3

school-card-donut-149256
5
/10

  • Pattengill School

  • 815 N Fairview Ave

  • 1.62 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,069. Most Lansing, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Clinton County›Lansing›48906›1223 N Washington Ave

This home is located at 1223 N Washington Ave in Lansing, MI and zip code 48906 in the Westside neighborhood. This home, which was built in 1880, sits on a 0.13 acre lot. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $169,900.

While more than 42 listings in Lansing, MI in December 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 65 were sold below. Between November 2024 and December 2024, Lansing, MI real estate market has seen decrease in the number of listings by 9.4%. While the average time on the market in December 2024 was 31 days, the median list price was $155,000.

From Rocket Homes Real Estate and based on county public records data.

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