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1525 W Saginaw St, Lansing, MI, 48915

4beds
1baths
1,248sqft
$65,000
$52price/sqft
$666/moest. monthly cost
$26,640/yrincome needed

About This Home

Investor special — tenant-occupied single-family home with current rent of $850/month. Solid income in place. Classic home featuring a covered front porch and functional layout with spacious living and dining areas and three bedrooms. Property to be sold AS-IS. Tenant in place — please do not disturb. Great opportunity for investors seeking a cash-flowing rental in a convenient West Lansing location near shopping, transit, and major routes.

Getting Around

69
WalkingSomewhat Walkable
35
TransitSome Transit
68
BikeBikeable

Schools

4/10
Lewton SchoolGrades PK-72.2 mi
3/10
J.W. Sexton High SchoolGrades 7-120.6 mi
3/10
Sheridan RoadGrades PK,4-72.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,248
  • Total interior livable area: 1,248 sqft

Property

Details

  • Parcel number: 33010117127161
  • Zoning description: 401 - SFR

Features

  • Stories: 2

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 104' x 40'

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

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 $328$3,936
Home Insurance *$55$660
Property Taxes $95$1,140
Electricity $188$2,259
Total$666$7,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,834/yr
40% on housing$19,980/yr
45% on housing$17,760/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

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 48915$77
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48915$115
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
2026-05-05Price change$85,000
2026-04-14Price change$105,000
2026-03-15Price change$125,000
2026-01-31Listed for sale$145,000
2024-04-08Listing removed--
2023-12-19Listed for sale$160,000
2016-03-25Sold$12,500
2014-11-14Sold$74,374
2004-10-26Sold$51,000
2001-12-03Sold$64,000

For Sale by Agent

AgentCedric W Wicks
BrokerageEpique Realty

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