$1,899 Closing Credit¹
#285477, Amber Redman, Listing Office: Five Star Real Estate - Lansing
$159,900 List price
1223 N Washington Ave Lansing, MI 48906
$1,899
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1223 N Washington Ave
A GREAT OPPORTUNITY! Calling all Lansing area new or seasoned investors - DOUBLE the Income!! This sought-after 2-unit provides Great Immediate Income. Fully rented and ready to go. Rents total approximately $1,800 per month currently with potential room for growth.Prime location within walking distance to Lansings famous Old Town District. This property is part of a multi-unit portfolio with diverse income potential. ALL PROPERTY RENTS CURRENTLY TOTAL $10,043/MO * 220 Smith: 4 UNIT- 3; 2; 1& 1BR * 131 S Hosmer: 3 UNIT- 2; 1 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented. Please allow at least 24 hours to schedule showings due to tenant's notice. Financials available upon request.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.13 Acres
Year built1880
ParkingAdditional Parking, Parking Lot
MLS #285478
Garage2 spaces
Summary
- MLS Number: 285478
- MLS Name: Greater Lansing Association of REALTORS®
- Office Name: Five Star Real Estate - Lansing
- Office Phone: (616) 531-0028
- Office Email: beckwithcindy@gmail.com
- Listing Agent: Amber Redman
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$159,900
1223 N Washington Ave
$1,899
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 25, 2021 | Home Sold | $162,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $58,900 | $3,820 |
| 2023 | $47,600 | $2,829 |
| 2022 | $42,700 | $2,829 |
| 2021 | $38,900 | $2,829 |
| 2020 | $35,400 | $2,745 |
| 2019 | $33,900 | $2,591 |
| 2018 | $32,600 | $2,030 |
| 2017 | $31,500 | $2,030 |
History based on county public records data.
Nearby schools
5
Willow School
Public District PK-4
0.7 mi
•1012 W Willow St
1
Gier Park School
Public District PK-3
0.8 mi
•401 E Gier St
5
Pattengill School
Public Magnet PK-6
1.6 mi
•815 N Fairview Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,069. Most Lansing, MI residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
3%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
76%
Single, No Kids
12%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
4%
12-17 yrs old
46%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
UFC
Where do the neighbors shop?
Forever 21
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Burger King
What do the neighbors drive?
Mazda
Pontiac
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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This home is located at 1223 N Washington Ave in Lansing, MI and zip code 48906 in the Westside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $159,900.
In January 2025, from all listings sold in Lansing, MI there were more than 29 sold above asking price, over 61 sold below and more than 18 were sold right at the asked price. Between December and January 2025, Lansing, MI real estate market has seen no change in the number of listings . In January 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $155,230.
From Rocket Homes Real Estate and based on county public records data.