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1406 Reo Ave, Lansing, MI, 48910

2beds
1baths
864sqft
$55,000
$64price/sqft
$585/moest. monthly cost
$23,400/yrincome needed

About This Home

Two story, 2 bedroom 1 bath home located next to a vacant lot. This small subdivision has one entry on Island and one exit on Woodlawn. Covered front porch to set and enjoy. Back door through kitchen has a small deck. This home has had a previous rental license. Gravity furnace. Heating contractor says they last a long time if taken care of. This one was taken care of. Laundry hookup in basement. Easy to show.

Getting Around

76
WalkingVery Walkable
38
TransitSome Transit
73
BikeVery Bikeable

Schools

4/10
Lewton SchoolGrades PK-71.9 mi
3/10
J.W. Sexton High SchoolGrades 7-121.5 mi
6/10
Cavanaugh SchoolGrades PK-32.0 mi

Construction

Condition

  • Year built: 1909

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Hardboard

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Michigan

Bedroom2

  • Level: First
  • Area: 192

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 108

Features

  • Flooring: Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 864

Heating & Cooling

  • Heating features: Gravity
  • Cooling features: None

Interior Area

  • Total structure area: 1,296
  • Total interior livable area: 864 sqft

Kitchen

  • Level: First
  • Area: 108

Living Room

  • Level: First
  • Area: 192

Master Bedroom

  • Level: First
  • Area: 192

Property

Details

  • Parcel number: 33010121328021
  • Zoning description: Zoning
  • Foundation area: 432

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: 28 x 50

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Ingham County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $278$3,336
Home Insurance *$39$468
Property Taxes $80$960
Electricity $188$2,259
Total$585$7,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,057/yr
40% on housing$17,550/yr
45% on housing$15,600/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 48910$74
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48910$123
Ingham County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-10-15Listed for sale$69,900
2012-05-02Sold$1,374
2001-08-21Sold$3,800

For Sale by Agent

AgentSonya Pentecost, Associate Broker
BrokerageBerkshire Hathaway HomeServices

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