$89,999

Estimated payment $682/month

Total Views 16,536
2 Beds
1 Bath
660 Sq Ft
$136 Price per Sq Ft

Highlights

  • Ground Level Unit
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Bungalow
  • 3-minute walk to Porter Park

About This Home

Investor Special Fixer-Upper with Rental Potential!
Opportunity knocks at 1633 Illinois Ave in Lansing, MI! This home is perfect for savvy investors or DIY buyers looking to add value and generate rental income. Located in a quiet neighborhood just minutes from downtown Lansing, highways, shopping, and local schools, this property offers strong upside in a growing rental market.

Featuring 2 bedrooms, 1 full bathroom, and a functional layout, this home sits on a deep lot with off-street parking and a large backyard ideal for future tenants or owner-occupants. While the property needs updates and repairs, the bones are solid and the location is promising.

With some TLC, this could be a rental or a profitable flip. Comparable rentals in the area show solid demand, making this an excellent opportunity to create instant equity and long-term income. Whether you're building your portfolio or getting started in real estate, this is a low-cost entry into a value-add investment.

Being sold as-is. Bring your vision, tools, and contractor. This is the chance to turn potential into profit. Schedule your showing today!

Listing Agent

Scott Fader

Joseph Walter Realty, LLC License #6502431011 Listed on: 04/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33.00 x 133.00
  • Property fronts a private road

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Franklin Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33010110133201

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 122.00
  • Year Built: 1950
  • State Equalized Value: 33100.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 3
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 660
  • Total Sq Ft: 660
  • Sq Ft Total Bsmt: 660

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 33
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lansing

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 33.00 x 133.00
  • Parcel Number: 33010110133201

Tax Info

  • Tax Amount Summer: 1844.0000
  • Tax Amount Winter: 370.0000
  • Total Tax: 2214.0000
  • Taxable Value: 26390.0000

MLS Schools

  • School District: Lansing

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18 $33,100 $2,300 $30,800
2023 $2,127 $28,800 $2,300 $26,500
2022 $1,944 $26,000 $2,400 $23,600
2021 $1,974 $27,700 $3,500 $24,200
2020 $1,885 $26,500 $3,500 $23,000
2019 $3,267 $24,200 $3,500 $20,700
2018 $1,727 $21,700 $3,500 $18,200
2017 $1,662 $21,700 $3,500 $18,200
2016 $2,967 $21,400 $3,500 $17,900
2015 $2,967 $21,200 $7,010 $14,190
2014 $2,967 $21,000 $7,010 $13,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $89,999 -- $136 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Ata National Title
Land Contract $56,000 None Available
Quit Claim Deed -- Prism Title & Closing Servic
Sheriffs Deed $13,000 None Available
Warranty Deed $79,000 Tri Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $29,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 Seller Take Back
Previous Owner $79,000 Fannie Mae Freddie Mac
Previous Owner $47,700 Unknown
Source: Public Records

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Source: Realcomp

MLS Number: 20250025979

Realcomp

APN: 01-01-10-133-201