811 Mahlon St, Lansing, MI, 48906

Location

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811 Mahlon St, Lansing$79,900

Buyer Closing Credits

$949^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway, Shared Driveway

Year Built1924

HeatingForced Air, Natural Gas

CoolingWindow Unit(s)

BasementYes

ViewNeighborhood

MLS #283270

Lot Size0.10 Acres

StatusActive

About 811 Mahlon St

***New updates and improved price!!! Amazing investment opportunity! This adorable 3-bedroom 1 bathroom Bungalow, located in the popular Eastside neighborhood is close to MSU, LCC, Frandor shopping center, the bus route and downtown Lansing, making it an ideal rental unit! The current rental license is active and good through June of 2026. The roof was replaced in 2023 and a new stove/range in 2022. The property will be vacant in early October, but maintained the same renters for 12 years prior. Estimated potential rental income is approximately $1,100 per month. With endless potential, this would also make a wonderful starter home!

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 1924
• Stories: 1
• Living Area: 1,104 SqFt

Listing Office:

• Office Name: Berkshire Hathaway HomeServices Tomie Raines
• Office Phone: (517) 351-3617
• Listing Agent: Elizabeth Fleckenstein

Interior Features

Interior Information:

• Appliances: Water Heater, Refrigerator, Range, Oven
• Basement: Yes
• Flooring Type: Carpet, Hardwood, Vinyl
• Interior: Ceiling Fan(s), Laminate Counters, Open Floorplan, Primary Downstairs, Storage

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Neighborhood

Parking Information:

• Attached Garage: No
• Parking: Driveway, Shared Driveway

Lot Features

Lot Information:

• Lot: Back Yard, City Lot
• Lot Size: 0.10 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Window Unit(s)

Other

Directions Information:

• Directions: SAGINAW TO MAHLON

Price Information

Listing Price Info

Price Summary:

• List Price: $79,900
• Price Per SqFt: $72/SqFt

Tax Information:

• Annual Amount: $1,727
• 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

811 Mahlon St vs Lansing

72 DAYS ON ROCKET

+47 Days

$79,900

-$70.6K Less

$72/SqFt

-$46 Less

KEY TAKEAWAY

This property is $70.6K less than the Median Sold Price and $46/SqFt less than other homes 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: #283270

Listing Office:

• Office Name: Berkshire Hathaway HomeServices Tomie Raines
• Office Phone: (517) 351-3617
• Listing Agent: Elizabeth Fleckenstein

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, 11:50:53 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,727	$27,600
2020	$1,676	$26,500
2019	$1,581	$25,100
2018	$1,504	$23,300
2017	$1,504	$23,300

History based on county public records data.

Rocket Homes›Michigan›Clinton County›Lansing›48906›811 Mahlon St

This home is located at 811 Mahlon St in Lansing, MI and zip code 48906 in the Eastside neighborhood. This 1,104 square foot home, which was built in 1924, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $79,900.

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. The number of homes for sale in Lansing, MI increased by 5.9% between September 2024 and October 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.