$3,028 Closing Credit¹
Amber Redman, Listing Office: Five Star Real Estate - Lansing
$3,307
closing credit¹
1606 Coleman Ave Lansing, MI 48910
$278,500 List price
$3,307
Closing credit¹
5 full
2,832 sqft
0.3 acres
$98 / sqft
Multi-Family
Property details
About 1606 Coleman Ave
INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
Highlights
Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
CoolingWindow Unit(s)
Size2,832 sqft
BasementYes
Lot size0.25 Acres
Year built1905
ParkingParking Lot
MLS #20250003439
Virtual tour
Summary
- MLS Number: 20250003439
- MLS Name: Realcomp II Ltd
- Office Name: KW Metro
- Office Phone: (248) 288-3500
- Listing Agent: Amber Harte
Disclaimer: 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 © 2025 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: 1/17/2025, 11:21:06 PM 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
$278,500
1606 Coleman Ave
$3,307
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 30, 2014 | Home Sold | $73,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $62,100 | $4,142 |
| 2020 | $60,500 | $5,932 |
| 2019 | $54,600 | $3,795 |
| 2018 | $56,200 | $4,114 |
| 2017 | $54,500 | $4,114 |
History based on county public records data.
Nearby schools
2
Lyons School
Public District PK-3
1.1 mi
•2901 Lyons Ave
2
Cole Academy
Public Charter KG-6
1.3 mi
•1915 W Mount Hope Ave
5
Cavanaugh School
Public District PK-3
1.8 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. Most Lansing, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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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This home is located at 1606 Coleman Ave in Lansing, MI and zip code 48910 in the Southside neighborhood. This 2,832 square foot home, which was built in 1905, sits on a 0.25 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $278,500.
Over 42 listings were sold over their listed price in December 2024 in Lansing, MI. In the same period over 65 listings were sold below the listed price and 28 listings were sold for the listed price. The number of listings in Lansing, MI decreased by 9.4% between November and December 2024. The median list price of listings available in December 2024 was $155,000, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.