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Backup Offers

404 W Cesar E Chavez Ave, Lansing, MI, 48906

$122,000

Home List Price

$1,449*

Closing Credit

0 Baths
Multi

Location

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404 W Cesar E Chavez Ave, Lansing$122,000

Buyer Closing Credits

$1,449*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt
Year Built1865
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #280564
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Backup)

About 404 W Cesar E Chavez Ave

Investment potential! Discover this gem of a rental property steps away from bustling Downtown Lansing. Easy access to the Lansing Capitol Buildings, Lansing Community College, Cooley Law School, Old Town, and Downtown. This 3-unit building is ready to generate income. It has a brand new roof from 2020 and a new water heater; 2024. The existing tenant is easy to work with.

Property Details

Property Features

Property Information:

  • Year Built: 1865

Listing Office:

  • Office Name: EXIT Realty Home Partners
  • Office Phone: (517) 803-2345
  • Listing Agent: Giorgio Burigana

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Red Triplex on nearist cross roads of Cesar Chavez and Walnut.

Price Information

Listing Price Info

Price Summary:

  • List Price: $122,000

Tax Information:

  • Annual Amount: $3,123
  • 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

404 W Cesar E Chavez Ave vs Lansing

188 DAYS ON ROCKET

+163 Days

$122,000

-$28.5K Less

KEY TAKEAWAY

This property is $28.5K 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: #280564

Listing Office:

  • Office Name: EXIT Realty Home Partners
  • Office Phone: (517) 803-2345
  • Listing Agent: Giorgio Burigana

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: 11/17/2024, 7:20:54 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

May 18, 2021Home Sold
$106,500
Jun 28, 2018Home Sold
$69,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,123$40,700
2020$3,029$36,700
2019$2,426$35,200
2018$2,299$33,600
2017$2,299$32,500

History based on county public records data.

Payment Calculator

$676

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$432

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-530955
5
/10

  • Willow School

  • 1012 W Willow St

  • 0.48 miles

  • Public District Grades PK-4

school-card-donut-530956
1
/10

  • Gier Park School

  • 401 E Gier St

  • 0.94 miles

  • Public District Grades PK-3

school-card-donut-530957
3
/10

  • Cumberland School

  • 2801 Cumberland Rd

  • 1.70 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 $25,667. Most Lansing, MI residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Clinton County›Lansing›48906›404 W Cesar E Chavez Ave

This home is located at 404 W Cesar E Chavez Ave in Lansing, MI and zip code 48906 in the Westside neighborhood. This home, which was built in 1865, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $122,000.

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. In October 2024 in Lansing, MI there were 5.9% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $150,550, while the average time on the real estate market was 25 days.

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

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