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$70,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 650 Sq. Ft.
  • Updated 3 days ago
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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 for 640 S Magnolia Ave

General

  • Price: $70,000
  • Taxes: $1,912
  • Status: Pending
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25062779
  • Updated: 1/15/2026
  • Added to Site: 21 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Broadband

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Basement

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 Dimensions: 132' x 32'
  • 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 Coldwell Banker Woodland Schmidt ART Office, Derrek Sterken

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Listing agents

— 640 S Magnolia Ave —

  • Cedric W Wicks

    Five Star Real Estate

  • Derrek Sterken

    Coldwell Banker Woodland Schmidt ART Office

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 640 S Magnolia Ave

School District:Lansing Public School District
NameGradesDistance
Pattengill Academy
815 North Fairview Avenue, Lansing, MI 48912
PK-61.1 mi
Riddle Elementary School, Lansing, MI
221 Huron Street, Lansing, MI 48915
PK-32.6 mi
Cavanaugh School
300 West Cavanaugh Road, Lansing, MI 48910
PK-33.1 mi
Eastern High School, Lansing, MI
626 Marshall Street, Lansing, MI 48912
7-121 mi
Sheridan Road
16900 North Cedar Street, Lansing, MI 48906
4-63.4 mi
Lewton School
2000 Lewton Place, Lansing, MI 48911
PK-73.7 mi
Mt. Hope School
4000 Woodcreek Lane, Lansing, MI 48911
4-64.9 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/29/2025
Listed
$70,000
-51.39%
MLS
12/16/2022
Sold
$144,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 640 S Magnolia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,865
6%
$29,000
22%
2023
$1,757
88%
$23,700
16%
2020
$933
—
$20,500
10%
2020
$933
—
$18,600
15%
2020
$933
—
$16,200
3%
2020
$933
3%
$15,700
16%
2019
$905
12%
$13,500
21%
2016
$810
-1%
$11,200
10%
2017
$821
1%
$10,200
2%
2016
$810
1%
$10,000
2%
2015
$799
1%
$9,800
1%
2014
$792
-1%
$9,700
-2%
2013
$801
—
$9,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Five Star Real Estate, Cedric W Wicks and Coldwell Banker Woodland Schmidt ART Office, Derrek Sterken

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640 S Magnolia Avenue, Lansing, MI 48912 (MLS# 25062779) is a Single Family property with 2 bedrooms and 1 full bathroom. 640 S Magnolia Avenue is currently listed for $70,000 and was received on December 29, 2025. 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.

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