$2,672 Closing Credit¹
#287946, Jonathan Lum, Listing office: EXIT Realty Home Partners
$138,500 List price
1417 Reo Ave Lansing, MI 48910
$1,645
Closing credit¹
0.10 acres
Multi-Family
Property details
About 1417 Reo Ave
Three (3) story home within walking distance from REO town. Each level of the home is a unit with a complete kitchen and full bathroom. Main floor has 2 bedrooms. Second floor has 2 bedrooms, third floor has 1 bedroom. Second level can be accessed by main floor hallway and from side staircase. Third floor entry from outside staircase. Recently inspected and approved by the City of Lansing for rental license. Lower level basement can be accessed from main level. No washer and dryer are available in the home. Third floor Tenant has been there for over 15 years. No written leases so all month to month but Tenants may consider signing a written lease.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingOther
BasementYes
Lot size0.1 Acres
Year built1909
ParkingNo Garage
MLS #288735
Summary
- Basement: Yes
- Attached Garage: No
- Parking: No Garage
- Heating: Forced Air, Natural Gas
- Cooling: Other
- List Price: $138,500
- Annual Tax Amount: $2,635
- Tax Year: 2024
- Directions: A WASHINGTON, ISLAND AVE W, REO AVE S TO HOME
- Year Built: 1909
- Lot Size: 0.1 Acres
- MLS Number: 288735
- MLS Name: Greater Lansing Association of REALTORS®
- Office Name: Berkshire Hathaway HomeServices
- Office Phone: (517) 351-3617
- Office Email: dbarnett@tomieraines.com
- Listing Agent: Sonya Pentecost, Associate Broker
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: 6/20/2025, 10:40:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$138,500
1417 Reo Ave
$1,645
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $49,000 | $2,635 |
| 2023 | $42,700 | $2,349 |
| 2022 | $38,000 | $2,349 |
| 2021 | $33,700 | $2,349 |
| 2020 | $31,100 | $2,277 |
| 2019 | $28,200 | $2,151 |
| 2018 | $26,300 | $2,036 |
| 2017 | $25,300 | $2,036 |
History based on county public records data.
Nearby schools
2
Lyons School
Public District PK-3
1.2 mi
•2901 Lyons Ave
2
Cole Academy
Public Charter KG-6
1.4 mi
•1915 W Mount Hope Ave
5
Cavanaugh School
Public District PK-3
2.0 mi
•300 W Cavanaugh Rd
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 $24,630. The majority of Lansing, MI residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
58%
<35k
36%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
14%
Single, with Kids
7%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
43%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Pro Wrestling
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Cicis Pizza
What do the neighbors drive?
Mazda
Pontiac
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1417 Reo Ave
The listing price of 1417 Reo Ave property is $138,500.
The property 1417 Reo Ave is a multi located in Lansing, Michigan, 48910.
Accepting Backup Offers: 1417 Reo Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1417 Reo Ave are: Lyons School (GreatSchools Rating 2/10), Cole Academy (GreatSchools Rating 2/10), Cavanaugh School (GreatSchools Rating 5/10), Mt Hope School (GreatSchools Rating 3/10), Lansing Charter Academy (GreatSchools Rating 6/10), Dwight Rich School of the Arts (GreatSchools Rating 4/10), Jw Sexton High School (GreatSchools Rating 3/10), Everett High School (GreatSchools Rating 4/10), Eastern High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,635 (source: MLS/based on county public records data).
The year of construction for 1417 Reo Ave is 1909.
This home is located at 1417 Reo Ave in Lansing, MI and zip code 48910 in the Southside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $138,500.
In May 2025, from all listings sold in Lansing, MI there were more than 106 sold above asking price, over 50 sold below and more than 27 were sold right at the asked price. In May 2025 in Lansing, MI there were 13.8% more homes for sale than in April. In May 2025 median list price was $159,074 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.