640 S Magnolia Avenue, Lansing, MI 48912
$50,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 650 Lot Size (sq. ft.): 4,356 Status: Sold
Current Price: $50,000 List Date: 12/29/2025 Last Modified: 7/14/2026
Overview
Description
Listing Details MLS# 25062779
Location Property Info
- County
- Ingham
- Street #
- 640
- Street Direction
- S
- Street Name
- Magnolia
- Suffix
- Avenue
- State
- MI
- Zip Code
- 48912
- Zip (4)
- 2934
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.1
- Lot Square Footage
- 4356
- Lot Dimensions
- 132' x 32'
- Year Built
- 1911
- Road Frontage
- 32
- Garage Y/N
- No
- Income Property
- No
- Total Rooms AG
- 6
- Total Fin SqFt All Levels
- 650
- SqFt Above Grade
- 650
- Below Grade Unfinished SqFt
- 650
- Building Total SqFt
- 1300
- Total Beds Above Grade
- 2
- Total Bedrooms
- 2
- Full Baths
- Yes
- Total Baths
- Yes
- Main Level Primary
- Yes
- Stories
- Yes
- School District
- Lansing
- Association YN
- No
- Waterfront
- No
- Basement
- Yes
- Below Grade Finished SqFt
- 0
Tax Info
- Tax ID #
- 33-01-01-14-358-341
- Taxable Value
- 22192
- SEV
- 29000
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 1912
- Tax Year
- 2025
- Spec Assessment & Type
- None Known
- Zoning
- B RESID
- Homestead %
- 0
Status Change Info
- Under Contract Date
- 2026-01-15
- Sold Date
- 2026-02-19
- Sold Price/SqFt
- 76.92
Access Feat
- Accessibility Features
- No
More Information
Upper Rooms
- Total Baths Above Grade
- Yes
Main Rooms
- Main Bedrooms
- 2
- Main Full Baths
- Yes
- Main Level SQFT
- 650
Basement Rooms
- Total Basement SQFT
- 650
- Basement Finished SQFT
- 0
Location & Property Info
- Cross Streets
- S Clemens & E Kalamazoo
- Property Sub-Type
- Single Family Residence
- Area
- Ingham County - 20
- Municipality
- Lansing City
- Subdivision
- Lansing Add Companys
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 107.69
- Ownership Type
- Private Owned
Remarks & Misc
- Public Remarks
- Investor opportunity in a strong Lansing rental area! This property is being sold AS-IS and offers solid upside for investors looking for a value-add or buy-and-hold opportunity. Functional layout with good square footage, full basement for storage or future improvement, and a lot size that supports long-term rental demand. Located near downtown Lansing, Michigan State University, Sparrow Hospital, shopping, public transportation, and major roadways—an area known for consistent tenant demand. Ideal for BRRRR, renovation, or long-term rental portfolio addition. Cash or renovation financing preferred. Bring your vision and unlock the potential.
- Legal
- LOT 59 LANSING ADDITION COMPANYS SUB REC L 5 P 20
Lot Description
- Level
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Aluminum Siding
- Yes
- Vinyl Siding
- Yes
Roofing
- Asphalt
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Lower Rooms
- Lower Finished SQFT
- 0
- Total Lower SQFT
- 0
Substructure
- Crawl Space
- Yes
- Michigan Basement
- Yes
Architectural Style
- Bungalow
- Yes
- Ranch
- Yes
- Traditional
- Yes
Property Features
Laundry Features: In Basement Exterior Material: Aluminum Siding; Vinyl Siding Roofing: Asphalt Substructure: Crawl Space; Michigan Basement Lot Description: Level Sewer: Public Sewer Water: Public Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Architectural Style: Bungalow; Ranch; Traditional Terms Available: Cash; Conventional Sale Conditions: None
Listing Office: Five Star Real Estate
Listing Agent: Cedric W Wicks
Last Updated: July - 14 - 2026
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