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5300 S Martin Luther King Junior Blvd, Lansing, MI, 48911

3beds
1baths
1,120sqft
$85,000
$76price/sqft
$797/moest. monthly cost
$31,880/yrincome needed

About This Home

Welcome to 5300 S Martin Luther King Jr Blvd ? a promising Cape Cod filled with opportunity and potential. Situated on a spacious city lot with additional access from Ferly Street, this property offers ample outdoor space and flexibility for future improvements. Inside, youll find the chance to customize and create the home youve always envisioned. Major updates have already been started, including a newer roof, drywall repairs, and updated PEX plumbing, giving you a solid foundation to build from. With a little TLC, this house can truly become a beautiful place to call home. Conveniently located near local amenities, shopping, dining, and commuter routes, this property is ideal for investors or buyers looking to add their personal touch. Don't miss this opportunity.

Getting Around

48
WalkingCar-Dependent
28
TransitSome Transit
67
BikeBikeable

Schools

2/10
Attwood SchoolGrades K-80.5 mi
6/10
Everett High SchoolGrades 9-121.1 mi
6/10
Cavanaugh SchoolGrades PK-31.0 mi

Construction

Condition

  • Year built: 1951

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Other

Basement

  • Has basement: Yes
  • Basement: Block

Bedroom2

  • Level: First
  • Area: 111.17999999999999

Bedroom3

  • Level: Second
  • Area: 250.4

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 96.55999999999999

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 1,120 sqft

Kitchen

  • Level: First
  • Area: 95.55

Living Room

  • Level: First
  • Area: 238.95

Master Bedroom

  • Level: First
  • Area: 118.58

Property

Details

  • Parcel number: 33010505201191
  • Zoning description: Zoning
  • Foundation area: 896

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 9,583 sqft
  • Features: Back Yard
  • Lot size dimensions: 60 x 160

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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
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 $429$5,148
Home Insurance *$56$672
Property Taxes $124$1,488
Electricity $188$2,259
Total$797$9,564
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,325/yr
40% on housing$23,910/yr
45% on housing$21,253/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

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 48911$99
Ingham County$118

vs Homes Sold Last Month

Median $/sqft

ZIP 48911$129
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)

No zestimate history available

Price History

DateEventPrice
2026-07-28Price change$85,000
2026-05-29Listed for sale$99,000

For Sale by Agent

AgentAshley Cowan
BrokerageRE/MAX Real Estate Professionals

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