2 months on rocket

532 Lansing Ave, Jackson, MI, 49201

$499,000

Home List Price

$5,926*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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532 Lansing Ave, Jackson$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1976
HeatingForced Air, None
BasementYes
MLS #55024006461
Lot Size0.66 Acres
StatusActive

About 532 Lansing Ave

PRIME INVESTMENT OPPORTUNITY! RARE & ONE OF A KIND PROPERTY RICH IN JACKSON HISTORY COVERING 3 LOTS FOR A TOTAL OF 0.91 ACRES! This dynamic opportunity offers a rooming house of 25+ rent-ready rooms, 7.5 baths & an entire third floor that's spacious, insulated & ready to be completed for extra income. Next door to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. New roof in 2015. Incredible woodwork details throughout. Asphalt driveway. Laundry facilities onsite. Create cash flow & build your investment portfolio. Great parking PLUS 2 extra vacant lots across the street with unlimited potential.

Property Details

Property Features

Property Information:

  • Year Built: 1976

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, None

Other

Directions Information:

  • Directions: Just South of Ganson

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

Tax Information:

  • Annual Amount: $6,932
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jackson, MI.

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Jackson, MI

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$130

Avg. Days On Market

66

# of Sold Homes

77

532 Lansing Ave vs Jackson

79 DAYS ON ROCKET

+13 Days

$499,000

+$324K More

KEY TAKEAWAY

This property is $324K more than the Median Sold Price in Jackson, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Jackson Area Association of REALTORS®
  • MLS Number: #55024006461

Listing Office:

  • Office Name: RE/MAX MID-MICHIGAN R.E.
  • Office Phone: (517) 788-2633
  • Listing Agent: Stephanie Bosanac-Mortimer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,932$290,900
2020$6,439$280,550
2019$5,914$258,200
2018$5,803$215,400
2017$5,803$203,000

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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NMLS#3030

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-944522
4
/10

  • Hunt Elementary School

  • 1143 N Brown St

  • 1.11 miles

  • Public Magnet Grades PK-5

school-card-donut-944523
3
/10

  • Northeast Elementary School

  • 1024 Fleming Ave

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-944524
2
/10

  • Frost Elementary School

  • 1226 S Wisner St

  • 1.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,768. Most Jackson, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Jackson County›Jackson›49201›532 Lansing Ave

This home is located at 532 Lansing Ave in Jackson, MI and zip code 49201. This home, which was built in 1976, sits on a 0.66 acre lot. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $499,000.

While more than 19 listings in Jackson, MI in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 35 were sold below. The number of homes for sale in Jackson, MI increased by 2% between February 2024 and March 2024. While the average time on the market in March 2024 was 66 days, the median list price was $174,976.

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

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