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Image 1 - 811 W Lapeer St, Lansing, Michigan, 48915 - House for sale

Image 2 - 811 W Lapeer St, Lansing, Michigan, 48915 - House for sale

W Lapeer St, Lansing, Home For Sale

811 W Lapeer St, Lansing, Michigan, 48915

W Lapeer St, Lansing, Home For Sale

house for sale

Listed: 08/27/24

811 W Lapeer St, Lansing, Michigan, 48915

3 Bed:

2 Bath:

1,734 Sq Ft Living Area:

Save

Price

$ 68,000

Price: Lower

About This House

Who do you know that is looking for rental property that is generating cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $850/month. The furnace was replaced in 2021. Any purchaser of the property is subject to tenant rights as it is currently occupied. This is a great rental at a great price, don't miss this opportunity!

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Original listing

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Genesee Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Aug 2024	$145,716 (-5.1%)
Jul 2024	$153,572 (-0.4%)
Jun 2024	$154,199 (-5.2%)
May 2024	$162,592 (+6.3%)
Apr 2024	$152,952 (0%)
Mar 2024	$152,952 (0%)

In August 2024, the asking price for 3 bed houses for sale in/near Genesee, Lansing, United States averaged $145,716, a decrease of 5.1% from the previous month.

Median price trends for properties for sale in Genesee, Lansing, United States as of August 2024.

Household Income

Median household income: $38,642

Number of households: 48,726

The average household income in Lansing, MI grew from $36,851 to $38,642 in the past year. This data is an estimate based upon 48,726 households in Lansing, MI.
The chart below presents how household income is distributed in Lansing, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lansing, MI compared to median property taxes around the country. The prevalent amount of property taxes in Lansing, MI equals $2k-$3k , which is less than the national average.