505 W Lenawee St, Lansing, MI, 48933
About This Home
Completely renovated and move-in ready, this impressive 4-bedroom, 1.5-bath, three-story home seamlessly blends timeless character with modern updates. The spacious living room and formal dining room showcase beautifully refinished hardwood floors, original trim, and abundant natural light, creating a warm and inviting atmosphere. The updated kitchen features stainless steel appliances, a garbage disposal, and stylish finishes, making it ideal for everyday living and entertaining. Extensive improvements throughout the home include newer windows, furnace, central air conditioning, water heater, updated electrical and panel, fresh interior and exterior paint, remodeled bathrooms, updated lighting, ceiling fans, and new flooring. The finished third floor provides exceptional flexibility and can easily serve as a family room, recreation area, home office, playroom, media room, or additional living space to fit your lifestyle. Conveniently located near downtown and just minutes from the State Capitol, shopping, dining, and entertainment, this home offers the perfect combination of space, character, and modern convenience. Previously rented for $1,975 with tenant paying utilities** The property is currently non-owner occupied, and the property taxes reflect a non-homestead status* Schedule your showing today!
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1912
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Daylight,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area below ground: 730
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 1,479
- Total interior livable area: 1,479 sqft
Property
Details
- Parcel number: 33010116357171
Features
- Stories: 2
Lot
- Lot size: 4,356 sqft
- Lot size dimensions: 32 x 66
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
- Inland Flooding
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Ingham County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $909 | $10,908 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $263 | $3,156 |
| Electricity | $188 | $2,259 |
| Total | $1,512 | $18,144 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Listed for rent | $2,000 |
| 2026-07-28 | Price change | $179,900 |
| 2026-07-14 | Listed for sale | $185,000 |
| 2025-06-24 | Listing removed | $1,975 |
| 2025-05-22 | Price change | $1,975 |
| 2025-05-06 | Listed for rent | $2,000 |
| 2025-02-10 | Sold | $129,900 |
| 2025-01-23 | Pending sale | $129,900 |
| 2025-01-08 | Contingent | $129,900 |
| 2025-01-03 | Listed for sale | $129,900 |
| 2024-11-23 | Listing removed | $149,900 |
| 2024-09-09 | Price change | $149,900 |
| 2024-08-26 | Listed for sale | $169,900 |
| 2015-11-04 | Sold | $31,513 |
| 2014-03-26 | Sold | $86,857 |
| 2004-07-27 | Sold | $92,900 |
| 2002-07-18 | Sold | $63,000 |
| 2002-01-15 | Sold | $24,000 |
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