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Backup Offers

1412 Reo Ave, Lansing, MI, 48910

$114,900

Home List Price

$1,364*

Closing Credit

0 Baths
Multi

Location

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1412 Reo Ave, Lansing$114,900

Buyer Closing Credits

$1,364*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1906
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #284530
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Active Backup)

About 1412 Reo Ave

Great Duplex and investment opportunity in Lansing. Long term renters on month to month leases. Maintenance free vinyl siding and newer windows. 2012 High efficiency furnace in both units, Recently passed City of Lansing rental inspections.

Property Details

Property Features

Property Information:

  • Year Built: 1906

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Jeff Burke

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Entrance

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Take E Mt Hope Ave West towards S Washington Ave. Turn Right onto S Washington Ave, Turn left onto Island Ave, Turn left onto Reo Ave. Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $114,900

Tax Information:

  • Annual Amount: $1,750
  • 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

$150.5K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

138

1412 Reo Ave vs Lansing

17 DAYS ON ROCKET

-8 Days

$114,900

-$35.6K Less

KEY TAKEAWAY

This property is $35.6K less 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: #284530

Listing Office:

  • Office Name: Keller Williams Realty Lansing-East
  • Office Phone: (517) 853-1200
  • Listing Agent: Jeff Burke

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 © 2024 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: 11/14/2024, 5:20:54 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

Jul 18, 2012Home Sold
$15,000
Jul 06, 2010Home Sold
$83,410
Oct 01, 2004Home Sold
$80,100

Tax History

YEARPROP. TAXASSESSMENT
2021$1,750$26,000
2020$1,696$23,900
2019$1,602$21,700
2018$1,518$19,900
2017$1,518$19,100

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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-268296
2
/10

  • Lyons School

  • 2901 Lyons Ave

  • 1.21 miles

  • Public District Grades PK-3

school-card-donut-268297
2
/10

  • Cole Academy

  • 1915 W Mount Hope Ave

  • 1.33 miles

  • Public Charter Grades KG-6

school-card-donut-268298
5
/10

  • Cavanaugh School

  • 300 W Cavanaugh Rd

  • 1.96 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,630. The majority of Lansing, MI residents have income less than $35k annually. Most families are 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›Ingham County›Lansing›48910›1412 Reo Ave

This home is located at 1412 Reo Ave in Lansing, MI and zip code 48910 in the Southside neighborhood. This home, which was built in 1906, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $114,900.

While more than 54 listings in Lansing, MI in October 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 59 were sold below. In October 2024 in Lansing, MI there were 5.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 25 days, the median list price was $150,550.

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

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