1031 N Washington Ave, Lansing, MI, 48906
About This Home
Historic mixed-use opportunity in the heart of Old Town Lansing. This versatile property offers 2,727 SF with a ground-floor office suite and an upper-level residential unit, each with separate entrances. Zoned DT-1 (Downtown 1), the building supports a variety of commercial, office, and residential uses. The lower level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-occupant or investor seeking to lease at market rates. The space features high ceilings, strong natural light, a half bathroom, a kitchenette, and a flexible layout suitable for professional services, creative office, or potential residential conversion with improvements. The upper level includes a six-bedroom apartment with a shared kitchen and full bath, previously leased by the room at approximately $375 per bedroom. One bedroom is currently leased through August. Separate meters, rear access, and parking enhance rental flexibility and tenant appeal. Potential configurations include a single large office, two office suites, two residential units (with added shower/range on lower level), live/work configuration, or conversion to a single-family residence. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing’s most walkable and vibrant districts. Ideal for owner-users, investors, or buyers seeking adaptive reuse in a strong mixed-use corridor.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1860
Materials
- Foundation: Michigan Basement
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial,Duplex,Historic,Upper Lower Apartment
- Property subType: Duplex
Interior
Appliances
- Laundry features: None
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Entrance Foyer,High Speed Internet,Programmable Thermostat
- Finished area above ground: 2,727
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Separate Meters
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,727 sqft
Property
Details
- Parcel number: 010109334141
- Zoning description: Commercial, MultiFamily, Office
- Special condition: Corporate Relocation,Short Sale No
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Patio
- Exterior features: Private Entrance
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: 54 x 100
Parking
- Total spaces: 6
- Parking features: Parking Lot,On Street
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
- Strong Wind
- Tornado
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 | $1,441 | $17,292 |
| Home Insurance * | $198 | $2,376 |
| Property Taxes | $418 | $5,016 |
| Electricity | $297 | $3,569 |
| Total | $2,354 | $28,248 |
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 |
|---|---|---|
| 2026-04-10 | Price change | $285,000 |
| 2026-02-26 | Listed for sale | $295,000 |
| 2021-07-06 | Listing removed | -- |
| 2020-09-28 | Price change | $229,800 |
| 2020-08-06 | Listed for sale | $250,000 |
| 2017-09-26 | Listing removed | $950 |
| 2017-08-27 | Listed for rent | $950 |
| 2017-07-27 | Sold | $49,500 |
| 2010-10-30 | Listing removed | $89,900 |
| 2009-09-07 | Price change | $89,900 |
| 2009-09-05 | Price change | $125,000 |
| 2009-09-01 | Price change | $89,900 |
| 2009-08-30 | Price change | $125,000 |
| 2009-06-27 | Price change | $89,900 |
| 2009-06-22 | Price change | $125,000 |
| 2009-06-06 | Price change | $99,900 |
| 2009-06-02 | Price change | $125,000 |
| 2009-05-23 | Price change | $99,900 |
| 2009-03-29 | Price change | $125,000 |
| 2008-09-26 | Listed for sale | $149,900 |
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