640 S Magnolia Avenue, Lansing, MI 48912

$50,000
2
BD
1
BA
650
SqFt

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Sold Price
$50,000
List Price
$70,000
Status
SOLD
Days on Market
19
Closing Date
Feb 19, 2026
MLS#
25062779
Subtype
Residential
Architectural Style
Ranch, Traditional
Year Built
1911
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
650
Lot Size
4,356
Acres
0.10
Subdivision
Lansing Add Companys
Neighborhood
Ingham County - 20
MLS Area Major
Ingham County - 20

Property Description

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.

Additional Information

Taxes
$1,912
Zoning
B RESID
Heating
Forced Air
Stories
1
School District
Lansing

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Cedric W Wicks from Listing Office: Five Star Real Estate.

Selling Agent: Selling Office: .

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