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Off market
  • $122,500

    400 S Waverly Rd, Lansing, MI 48917

    --beds
    0baths
    832sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $122,500 Zestimate®
    $147/sqft
    $1,799 Estimated rent

    Home value

    $122,500

    $100,000 - $149,000

    $1,799/mo

    Zestimate® history
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    $656/mo

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    $656/mo

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    What's special

    Professional Building with a beneficial unit on the lower level. Live creatively where you work or earn income from a tenant. Strong location in high traffic area to reap the benefits of office ownership. Think Attorney, Real Estate, IT offices, daycare or studio. Upper level has hardwood floors under carpet, a reception area, work room, two private offices, 2 half baths. The workroom was used for serves, computer repair and it has many electrical outlets and a sink for your coffee station. Thelower level apartment has been completely remodeled with a full kitchen, including appliances, new vinyl plank flooring, full bath, laundry hookup and a bedroom with a walk-in closet. the building has parking for 8 vehicles, a new crushed asphalt parking lot, new roof in 2019, and new siding in 2018.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Appliances
    • Included: Garbage disposal, Range / Oven, Refrigerator
    Features
    • Basement: Outside Entrance, Finished
    Interior area
    • Total interior livable area: 832 sqft

    Property

    Parking
    • Total spaces: 9
    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 6,229 sqft
    Details
    • Parcel number: 04004360033000
    • Zoning: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Raised Ranch
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Lansing

    Other

    Other facts
    • Appliances: Oven, Range, Disposal, Refrigerator, Electric Water Heater
    • Sewer: Public Sewer
    • Zoning: Commercial
    • Land & Acreage: Up to 1/4 Acre, Commercial View, Busy Road
    • Roof: Shingle
    • Township/Tax Authority: Delta Charter Twp
    • Basement: Outside Entrance, Finished
    • Spec Sheet Available: Yes
    • Exterior: Shingle Siding
    • Architectural Style: Raised Ranch
    • Heating: Natural Gas, Hot Water
    • Parcel #: 23-040-043-600-330-00

    Price history

    DateEventPrice
    7/18/2025Pending sale$125,000$150/sqft
    Source: Greater Lansing AOR #285542 Report a problem
    7/14/2025Listing removed$125,000$150/sqft
    Source: Greater Lansing AOR #285542 Report a problem
    5/2/2025Price change$125,000-3.8%$150/sqft
    Source: Greater Lansing AOR #285542 Report a problem
    1/2/2025Listed for sale$130,000+1.6%$156/sqft
    Source: Greater Lansing AOR #285542 Report a problem
    6/29/2021Sold$128,000$154/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $62,600 +55%
    2021$2,073 +4.7%$40,400 +9.2%
    2020$1,979 $37,000 +0.7%

    Find assessor info on the county website

    Neighborhood: Waverly

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Waverly

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $122,500
    2% more+ $2,450
    With Zillow Showcase(estimated)
    $124,950