640 S Magnolia Avenue, Lansing, MI 48912 - Photo 1

1/1

$50,000

Sold
Closed
Single Family
2 Beds
1 Full Bath
650 Sq. Ft.

1/1

Property Description

Investor opportunity in a strong Lansing rental area! This property is being sold AS-IS and offers solid upside for investors looking for a value-add or buy-and-hold opportunity. Functional layout with good square footage, full basement for storage or future improvement, and a lot size that supports long-term rental demand. Located near downtown Lansing, Michigan State University, Sparrow Hospital, shopping, public transportation, and major roadways-an area known for consistent tenant demand. Ideal for BRRRR, renovation, or long-term rental portfolio addition. Cash or renovation financing preferred. Bring your vision and unlock the potential.

Full Property Details

Full Property Details for 640 S Magnolia Ave

General

Sold For: $50,000
Taxes: $1,912
Status: Closed
Type: Single Family
Source: SWMRIC_MLS
MLS ID: 25062779
Added to Site: 66 day(s) ago

Interior

Number of Rooms: 6
Interior Features: Broadband

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Location

Area: Ingham County - 20
County: Ingham
Subdivision: Lansing Add Companys
Cross Streets: S Clemens & E Kalamazoo

Heating & Cooling

Heating Type: Forced Air

Utilities

Sewer: Public
Water: Public
Cable Available: Yes
Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available

Structural Information

Architectural Style: Traditional
Construction: Aluminum Siding, Vinyl Siding
Basement: Yes
Roof: Asphalt
Stories/Levels: 1
Square Feet: 650
Living Area: 650 Sq. Ft.
Year Built: 1911

Lot Features

Lot Size (Acres): 0.1
Lot Size (Sq. Ft.): 4,356
Lot Features: Level
Zoning: B RESID

Financial Considerations

Tax Amount: $1,912
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: LOT 59 LANSING ADDITION COMPANYS SUB REC L 5 P 20
Property ID: 33-01-01-14-358-341

Listed by Five Star Real Estate, Cedric W Wicks and Derrek Sterken
Sold by RE/MAX Real Estate Professionals, Maggie Gerich

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Listing agents

— 640 S Magnolia Ave —

Cedric W Wicks

Five Star Real Estate
Derrek Sterken

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NMLS#: 1598647

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Schools

Schools serving 640 S Magnolia Ave

School District:Lansing Public School District

Name	Grades	Distance
Pattengill Academy 815 North Fairview Avenue, Lansing, MI 48912	PK-6	1.1 mi
Riddle Elementary School, Lansing, MI 221 Huron Street, Lansing, MI 48915	PK-3	2.6 mi
Cavanaugh School 300 West Cavanaugh Road, Lansing, MI 48910	PK-3	3.1 mi
Eastern High School, Lansing, MI 626 Marshall Street, Lansing, MI 48912	7-12	1 mi
Sheridan Road 16900 North Cedar Street, Lansing, MI 48906	4-6	3.4 mi
Lewton School 2000 Lewton Place, Lansing, MI 48911	PK-7	3.7 mi
Mt. Hope School 4000 Woodcreek Lane, Lansing, MI 48911	4-6	4.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 640 S Magnolia Ave

Date

Details

Price

Change

Source

2/19/2026

Sold

$50,000

-28.57%

MLS

12/29/2025

Listed

$70,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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-$100 (-0.07%)

$149,900

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Updated 1 day ago

1.06
Acres

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Just Listed

$154,900

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Condo
Active
Updated 11 hours ago

1
Bed
1
Total Bath
817
Sq. Ft.

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Just Listed

$249,900

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Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath
1,220
Sq. Ft.

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Just Listed

$230,000

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Single Family
Active
Updated 1 day ago

Price Reduced

-$100 (-0.07%)

$149,900

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Commercial Land
Active
Updated 1 day ago

1.06
Acres

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Price Reduced

-$20,000 (-5.9%)

$319,000

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,888
Sq. Ft.

Price Reduced

-$10,000 (-1.12%)

$879,000

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Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
3,100
Sq. Ft.

501 Middlebury Ln, Mason, MI 48854 - Photo 1

Price Reduced

-$1,000 (-1.3%)

$75,999

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Lots/Land
Active
Updated 1 day ago

0.59
Acres

751 Westmoreland Ave, Lansing, MI 48915 - Photo 1

Sold

$45,000

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Single Family
Closed

2
Beds
1
Total Bath
757
Sq. Ft.

312 Hume Blvd, Lansing, MI 48917 - Photo 1

Sold

$52,500

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Single Family
Closed

2
Beds
1
Total Bath
713
Sq. Ft.

640 S Magnolia Avenue, Lansing, MI 48912 (MLS# 25062779) is a Single Family property that was sold at $50,000 on February 19, 2026. Want to learn more about 640 S Magnolia Avenue? Do you have questions about finding other Single Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

640 S Magnolia Ave Lansing, MI 48912