StatusAccepting Backup Offers (Active Under Contract)
About 322 W Maple St
Nestled in the vibrant heart of downtown Lansing, this 2-unit rental property presents an exceptional investment opportunity, especially for those with an eye for renovation and value-adding potential. Conveniently located near public transportation, this as-is sale is ideal for investors ready to unlock its full potential. The downstairs unit boasts 2 spacious bedrooms, 1 bathroom, a formal dining room, and a large eat-in kitchen perfect for gatherings. The upstairs unit features 2 bedrooms, including one with a walk-in closet, a full bathroom, an eat-in kitchen, and sleek new vinyl flooring throughout. Notably, a new roof was installed in 2022, adding peace of mind to your investment. Ready for finishing touches, this property invites you to create an appealing, income-generating space in a prime location.
Property Details
Property Features
Property Information:
Year Built: 1883
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
Flooring Type: Linoleum, Vinyl
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: Driveway, Gravel
Virtual/3D Tour
3D Tour: 322 W Maple St
3D Tour
Lot Features
Lot Information:
Lot: Back Yard, Few Trees, Front Yard, Near Public Transit, Rectangular Lot
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Take E Oakland West towards N Walnut St. Turn right onto N Walnut St, Turn right onto W Maple St. Destination will be on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $79,900
Tax Information:
Annual Amount: $2,440
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lansing, MI.
This property is $73.8K 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: #284854
Listing Office:
Office Name: Keller Williams Realty Lansing-East
Office Phone: (517) 853-1200
Listing Agent: Jeff Burke
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$466
Per Month
Principal & Interest
$399
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$306
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Willow School
1012 W Willow St
Distance between this listing and this school0.55 miles
Public District Grades PK-4
1
/10
Gier Park School
401 E Gier St
Distance between this listing and this school0.99 miles
Public District Grades PK-3
5
/10
Pattengill School
815 N Fairview Ave
Distance between this listing and this school1.78 miles
Public Magnet Grades PK-6
Nearby Schools
2
/10
Midmichigan Leadership Academy
730 W Maple St
Distance between this listing and this school0.34 miles
Public Charter Grades PK-8
2
/10
Sheridan Road
16900 Cedar St
Distance between this listing and this school1.74 miles
Public District Grades 4-6
6
/10
Windemere Park Charter Academy
3100 W Saginaw St
Distance between this listing and this school1.82 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Jw Sexton High School
102 McPherson Ave
Distance between this listing and this school1.36 miles
Public Magnet Grades 7-12
3
/10
Eastern High School
626 Marshall St
Distance between this listing and this school1.68 miles
Public Magnet Grades 7-12
4
/10
Waverly High School
160 Snow Rd
Distance between this listing and this school3.44 miles
The neighbors living near this home have an average income of $25,667. Residents of Lansing, MI typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
This home is located at 322 W Maple St in Lansing, MI and zip code 48906 in the Westside neighborhood. This home, which was built in 1883, sits on a 0.20 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $79,900.
Over 49 listings were sold over their listed price in November 2024 in Lansing, MI. In the same period over 54 listings were sold below the listed price and 26 listings were sold for the listed price. The number of listings in Lansing, MI decreased by 0.2% between October 2024 and November 2024. In November 2024 median list price was $153,784 and the average listing age was 25 days.
From Rocket Homes Real Estate and based on county public records data.