331 Richard Avenue, Lansing, MI 48917

$125,000
3
BD
2
BA
1,101
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$125,000
List Price
$139,900
Status
CLOSED
Days on Market
0
Closing Date
Feb 06, 2026
MLS#
293245
Style
Cape Cod
Year Built
1952
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,101
Lot Size
11,761
Acres
0.27
Subdivision
Oak Park

Property Description

Investor Special with Endless Potential in Delta Township! Bring your vision to this Cape Cod-style home located at 331 Richard Avenue in Lansing. This property is in need of renovation, but offers incredible upside for an investor, flipper, or a handy homeowner ready to create instant equity. Set on a generous corner lot, the home features a huge fully fenced backyard with wood privacy fencing, perfect for future outdoor living or entertaining. Two detached garages provide ample storage, workshop space, or added value potential. Inside, you'll find a large four-seasons room offering flexible additional living space, plus a full bathroom in the basement, adding convenience and future finishing options. With solid bones, classic Cape Cod charm, and plenty of square footage to reimagine... this is a rare opportunity to transform a diamond in the rough into something truly special. Cash, renovation, or conventional buyers welcome—bring your contractor and imagination!

Additional Information

Interior Features
Ceiling Fan(s), Primary Downstairs, Laminate Counters, Eat-in Kitchen
Exterior Features
Awning(s), Private Yard
Taxes
$3,367
Property Description
Cape Cod
Heating
Forced Air, Natural Gas
Air Conditioning
Central Air
Exterior Features
Aluminum Siding
Levels
One and One Half
Garage Spaces
2
School District
Waverly

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paul E Brown (paulbrown801@gmail.com) from Listing Office: Gateway to Homes.

Listing courtesy of Paul E Brown from Gateway to Homes


©2026, Greater Lansing Association of Realtors. All rights reserved. Information is for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than our company are marked with the BR logo and detailed information about them includes the name of the listing brokers. Data is deemed reliable but is not guaranteed accurate by the GLAR MLS. Information last updated on