1604 Coleman Ave, Lansing, MI, 48910

Location

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1604 Coleman Ave, Lansing$115,000

Buyer Closing Credits

$1,366^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingAsphalt

Year Built1905

HeatingForced Air, Natural Gas

CoolingNone

BasementYes

MLS #284916

Lot Size0.08 Acres

StatusActive

About 1604 Coleman Ave

Incredible investment opportunity! This 3-unit property in Lansing is fully vacant, so you can choose your own tenants—no need to inherit any bad leases. Each unit is a one-bedroom, one-bathroom apartment, offering the potential for $2,400/month in rental income. The property features durable vinyl siding and vinyl windows, making for easy maintenance. All units are near move-in ready, with some small improvements this could be a hassle-free addition to your portfolio. Don't miss out on this prime opportunity!

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Property Details

Property Features

Property Information:

• Year Built: 1905

Listing Office:

• Office Name: Achieve Real Estate LLC
• Office Phone: (517) 258-0589
• Listing Agent: David Hall

Interior Features

Interior Information:

• Basement: Yes

Exterior Features

Parking Information:

• Attached Garage: No
• Parking: Asphalt

Lot Features

Lot Information:

• Lot Size: 0.08 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: mt hope to washington to barnes to coleman

Price Information

Listing Price Info

Price Summary:

• List Price: $115,000

Tax Information:

• Annual Amount: $2,490
• Tax Year: 2021

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Housing Market Comparison

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

Lansing, MI

City

Med. Sold Price

$150.5K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

138

1604 Coleman Ave vs Lansing

2 DAYS ON ROCKET

-23 Days

$115,000

-$35.5K Less

KEY TAKEAWAY

This property is $35.5K 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: #284916

Listing Office:

• Office Name: Achieve Real Estate LLC
• Office Phone: (517) 258-0589
• Listing Agent: David Hall

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: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Dec 14, 2020	Dec 14, 2020Home Sold	$84,000
Dec 10, 2020	Dec 10, 2020Home Sold	$57,000
Jan 14, 2016	Jan 14, 2016Home Sold	$18,000
Oct 23, 2008	Oct 23, 2008Home Sold	$25,238
Oct 31, 2005	Oct 31, 2005Home Sold	$101,800

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,490	$46,900
2020	$2,414	$30,800
2019	$2,280	$28,000
2018	$2,148	$26,700
2017	$2,148	$26,000

History based on county public records data.

Rocket Homes›Michigan›Ingham County›Lansing›48910›1604 Coleman Ave

This home is located at 1604 Coleman Ave in Lansing, MI and zip code 48910 in the Southside neighborhood. This home, which was built in 1905, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $115,000.

In October 2024, from all listings sold in Lansing, MI there were more than 54 sold above asking price, over 59 sold below and more than 25 were sold right at the asked price. Between September 2024 and October 2024, Lansing, MI real estate market has seen increase in the number of listings by 5.9%. Listings spent 25 days on the market in October 2024, and had a median list price of $150,550 during the same period.

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