$139,900

316 S Rosemary Ave Lansing, MI 48917

$1,661
Closing credit¹
0.1 acres
Multi-Family

Property details

About 316 S Rosemary Ave

Well-maintained and updated income-generating duplex property, located in the desirable Waverly School District in Lansing Township. Offering excellent potential for strong cash flow and long-term investment. New roof in 2006, New Exterior Staircase in 2025. All utilities split. Main floor is occupied by long term tenant and upstairs is cleaned, primed and ready for you to move in or to find your own tenant. Each unit includes its own stackable washer and dryer tenant convenience.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.12 Acres
Year built1940
ParkingGravel, No Garage
MLS #288974

Summary

  • Basement: Yes
  • Attached Garage: No
  • Parking: Gravel, No Garage
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $139,900
  • Directions: Between St Joe and Michigan Ave
  • Year Built: 1940
  • Lot Size: 0.12 Acres
  • MLS Number: 288974
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: Achieve Real Estate LLC
  • Office Phone: (517) 258-0589
  • Office Email: dave@achievelansing.com
  • Listing Agent: David Hall

IDX 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: 6/18/2025, 10:40:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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316 S Rosemary Ave, Lansing, MI 48917 - view of front of home with a sunroom, a shingled roof, and a front lawn

$139,900

316 S Rosemary Ave

$1,661

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

4

East Intermediate School

Public District 5-6

0.2 mi

3131 W Michigan Ave

2

Cole Academy

Public Charter KG-6

1.5 mi

1915 W Mount Hope Ave

5

Willow School

Public District PK-4

1.6 mi

1012 W Willow St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,903. Residents of Lansing, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

36%
<35k
49%
35k-100k
11%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
18%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Lansing, MI

Lansing's transportation infrastructure supports both private and public transit options. The city's bus system operates on a set schedule, providing consistent service throughout the day. Ride-sharing services are available, enhancing mobility for residents and visitors. The area's walkability varies, with downtown Lansing being particularly pedestrian-friendly. A network of roads and highways, including I-496 and US-127, facilitate commuting and regional travel, with ongoing projects aimed at improving transport efficiency.

The community is served by a robust educational system, including numerous public schools at all levels and a selection of private institutions, some with religious affiliations. Lansing is home to several healthcare facilities, offering a range of services from primary care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining options abound, showcasing local flavors and international cuisine, and the city is proactive in adapting services to meet the evolving needs of its residents.

Lansing is celebrated for its vibrant community spirit and cultural diversity. The city prides itself on being the state capital and hosting numerous events throughout the year, such as the Lansing JazzFest and the Common Ground Music Festival, which reflect the area's rich cultural tapestry. The community's character is further defined by its commitment to the arts, education, and a growing technology sector.

Lansing's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, making up approximately 60% of the housing stock, with a mix of Victorian, Colonial, and Ranch styles. The remaining 40% is comprised of multi-family units, including apartments and condominiums, which cater to the city's varied demographic. The homeownership rate in Lansing is around 54%, with a significant portion of the population opting to rent.

About 316 S Rosemary Ave

The listing price of 316 S Rosemary Ave property is $139,900.

The property 316 S Rosemary Ave is a multi located in Lansing, Michigan, 48917.

Active Listing: 316 S Rosemary Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 316 S Rosemary Ave are: East Intermediate School (GreatSchools Rating 4/10), Cole Academy (GreatSchools Rating 2/10), Willow School (GreatSchools Rating 5/10), Windemere Park Charter Academy (GreatSchools Rating 6/10), Lewton School (GreatSchools Rating 6/10), Midmichigan Leadership Academy (GreatSchools Rating 2/10), Jw Sexton High School (GreatSchools Rating 3/10), Waverly High School (GreatSchools Rating 4/10), Insight School of Michigan (GreatSchools Rating 3/10).

The year of construction for 316 S Rosemary Ave is 1940.

This home is located at 316 S Rosemary Ave in Lansing, MI and zip code 48917. Features: 0 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $139,900.

Over 106 listings were sold over their listed price in May 2025 in Lansing, MI. In the same period over 50 listings were sold below the listed price and 27 listings were sold for the listed 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.

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