$270,000

642 Cornell Ave East Lansing, MI 48823

$3,206
Closing credit¹
4 beds
1 full
1,068 sqft
0.1 acres
$253 / sqft
House

Property details

About 642 Cornell Ave

Certified Rental Income! Current income is $2150 per month, going up to $2200 July 31, 2025 for the next year! This 4-bedroom home is on a 5,401 sq ft stunning lot! Four-minute drive or 15-minute walk to Grand River restaurants and campus. It can be leased to four unrelated individuals, but your work is done—the leases are in place. There is a large storage shed in the enormous backyard. The main level has wood floors, a bar, an inviting front porch, and a full kitchen with a refrigerator, microwave, and stove. Enjoy the on-site laundry room with a washer/dryer. Don't forget: good renters are like free money! Go State!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,068 sqft
BasementYes
Lot size0.12 Acres
Year built1941
ParkingAdditional Parking, Driveway, Off Street, On Site, Outside
MLS #280885
ViewNeighborhood

Summary

  • MLS Number: 280885
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: Signature Sotheby's International Realty
  • Office Phone: (248) 644-7000
  • Office Email: gchampion@signaturesothebys.com
  • Listing Agent: Leslie Wagner

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: 4/7/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front lawn

$270,000

642 Cornell Ave

$3,206

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 04, 2020
Home Sold
$249,750
Nov 28, 2018
Home Sold
$241,000
Sep 06, 2013
Home Sold
$118,000

Tax history

YearAssessmentProperty Tax
2024$123,000$-
2023$112,200$5,272
2022$99,300$5,272
2021$96,600$5,272
2020$96,600$5,272
2019$71,800$5,275
2018$69,700$4,929
2017$69,000$4,929

History based on county public records data.

Nearby schools

3

Donley Elementary School

Public District PK-5

1.1 mi

2961 E Lake Lansing Rd Bldg B

5

Marble School

Public District KG-5

1.1 mi

2961 E Lake Lansing Rd Bldg A

6

Whitehills Elementary School

Public District PK-5

1.1 mi

621 Pebblebrook Ln

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 $53,937. The most common annual income of people living in East Lansing, MI is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

41%
<35k
40%
35k-100k
17%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
6%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
66%
18-34 yrs old
19%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 642 Cornell Ave

This home is located at 642 Cornell Ave in East Lansing, MI and zip code 48823. This 1,068 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $270,000.

In March 2025, from all listings sold in East Lansing, MI there were more than 7 sold above asking price, over 12 sold below and more than 8 were sold right at the asked price. In March 2025 in East Lansing, MI there were 26.5% more homes for sale than in February. The median list price of listings available in March 2025 was $302,466, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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