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1128 W Ionia St, Lansing, MI, 48915

4beds
2baths
1,663sqft
$185,000
$111price/sqft
$1,553/moest. monthly cost
$62,120/yrincome needed

About This Home

Welcome to 1128 W Ionia St in Lansing, a versatile and well-maintained home full of opportunity. This charming 4-bedroom, 1-bath property has been thoughtfully cared for and offers flexibility to fit a variety of living situations. Whether you're looking for a spacious single-family home or an income-generating property, this one delivers. The layout allows for an easy conversion back to a duplex, making it a great option for investors or owner-occupants alike. Upstairs and downstairs living spaces provide the perfect setup for a private in-law suite, complete with a full kitchen, ideal for multi-generational living or added rental potential. Each level offers comfortable living areas with plenty of natural light and functional flow. Located in a convenient Lansing neighborhood close to downtown, shopping, and local amenities, this property combines practicality with long-term value. Don't miss your chance to own a home that offers both comfort and flexibility in one package.

Getting Around

67
WalkingSomewhat Walkable
47
TransitSome Transit
69
BikeBikeable

Schools

4/10
Lewton SchoolGrades PK-72.1 mi
3/10
J.W. Sexton High SchoolGrades 7-120.4 mi
4/10
Pattengill AcademyGrades PK-72.4 mi

Construction

Condition

  • Year built: 1895

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 224

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,663

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,432
  • Total interior livable area: 1,663 sqft

Kitchen

  • Level: First
  • Area: 112

Living Room

  • Level: First
  • Area: 256

Master Bedroom

  • Level: First
  • Area: 156

Property

Details

  • Parcel number: 33010117255061
  • Zoning description: Zoning
  • Foundation area: 769

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 60 x 94

Parking

  • Parking features: Detached,Driveway,Garage
  • 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
  • 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 $935$11,220
Home Insurance *$159$1,908
Property Taxes $271$3,252
Electricity $188$2,259
Total$1,553$18,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,245/yr
40% on housing$46,590/yr
45% on housing$41,413/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

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 48915$75
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
2026-05-12Price change$199,900
2026-04-09Listed for sale$225,000
2024-07-05Sold$40,000
2012-11-21Sold$12,500
2011-04-21Sold$35,966
2002-10-04Sold$68,000
1999-10-01Sold$34,000

For Sale by Agent

AgentMatthew Smith
BrokerageRE/MAX Real Estate Professionals Dewitt

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