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Sold on 08/29/2023

1616 Lyons Ave, Lansing, MI 48910

  • $96,000

    Last sold 08/29/2023 for $75K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1616 Lyons Ave

Property type Multi-family
Neighborhood
Year built 1906
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
This duplex brings potential to the investor that is looking for a multifamily property that features units with utilities that are separately metered - with the square footage to potentially add value to the property by adding another bedroom to one or each of the units. Both units are vacant and easy to show. Photos of each unit are separated by by mechanicals and exterior photos for easy viewing experience. The upper unit is rented out month to month at $650/month. The lower unit is vacant and ready to be shown. Schedule today.
Listed by
Listing Agent - Jamie Fox
Listing Office - Trubrook, LLC
Source: Greater Lansing Area Realtors mls logo
MLS#273669 • last updated 2 years ago
Movoto checked Greater Lansing Area Realtors for data 19 minutes ago
Overview
Cooling/AC None
Heating Forced Air, Natural Gas, Separate Meters
Levels/Style Three Or More
MLS # 273669
Status Closed
Lot Size (Acres) 0.11
Lot Size (Sqft) 4791.6
Tax Assessed Value 31500
Year Built 1906
Interior
Basement Michigan, Shared
Laundry None
Exterior
Roof Shingle
Construction Vinyl Siding
# of Parking Spaces 6
Parking Concrete, Driveway
Exterior Features Balcony
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Location
Subdivision None
High School District Lansing
APN 33-01-01-22-351-191
Directions MT HOME/PENN E TO LYONS
Multifamily Details
Total # of Units 2
$96K
Range: $57.6K-$134K
Last 30 days 
Rental est.: $700/month
Gross rent multiplier: 8.9 - Good
  • Oct 2023
    mls logo MLS # 273669
  • Oct 4, 2023 Sold
    $75,000 (-6.1%)
  • Sep 12, 2023 Pending
    —
  • Aug 29, 2023 Active Backup
    —
  • Aug 15, 2023 Price Change
    $79,900 (-3.6%)
  • Aug 4, 2023 Price Change
    $82,900 (-3.5%)
  • Jul 20, 2023 Price Change
    $85,900 (+1.2%)
  • Jul 16, 2023 Listed
    —
  • Jul 10, 2023 Active Backup
    —
  • Jun 21, 2023 Listed
    —
  • Jun 15, 2023 Active Backup
    —
  • Jun 9, 2023 Listed
    $84,900 (-15.0%)
  • Oct 2022
    mls logo MLS # 269719
  • Oct 31, 2022 Listed
    $99,900 (+899.0%)
  • Feb 2020
    mls logo MLS # 217559
  • Feb 10, 2020 Sold
    $10,000 (-83.3%)
  • Jun 29, 2017 Listed
    $28,000
  • Feb 2020
    mls logo MLS # 225434
  • Feb 10, 2020 Sold
    $60,000 (-7.6%)
  • Apr 26, 2018 Listed
    $64,900 (+131.8%)
  • Feb 2018
    mls logo MLS # 630000217559
  • Feb 21, 2018 Sold
    —
  • Feb 5, 2018 Pending
    —
  • Dec 21, 2017 Price Change
    $28,000 (-22.2%)
  • Jun 29, 2017 Listed
    $36,000 (+28.6%)
  • Year Property taxes Tax assessment
  • 2024
    $3,339 +42.4%
    $49,900 +30.63%
  • 2023
    $2,345 +12.5%
    $38,200 +12.68%
  • 2020
    $2,085 +27.0%
    $33,900 +30.89%
  • 2017
    $1,642 +2.7%
    $25,900 +26.96%
  • 2014
    $1,599
    $20,400
  • 1616 Lyons Ave
    $75K
  • Southside
    $143K
  • 48910
    $139K +3% y/y
  • Lansing
    $150K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Lyons School
public Grades PK, K-3
Lansing Public School District
5/10
Pattengill Academy
public Grades PK, K-7
Lansing Public School District
3/10
Eastern High School
public Grades 7-12
Lansing Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 1616 Lyons Ave
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