OFF MARKET

Off market feb 2025 for $125K

$130,358

Est. refi paymentEst. refi $930/mo

•

720

sq ft

516 Monroe St, Lansing, MI 48906

About this home

Discover comfort and convenience in this beautifully updated 2-bedroom, 1-bath home, ideally situated in a central location. Updated finishes throughout create a warm and inviting atmosphere. The functional kitchen is perfect for everyday living, while the spacious bedrooms offer a peaceful retreat. With nearby amenities, easy access to shopping, dining, and transportation, this property is perfect for those looking for an ideal blend of charm and convenience.

Single-familyProperty Type

1923Year Built

8,712 sq ftLot Size

$181Est. Price/Sq.Ft.

Listed by Brian Ozbun • Bellabay Realty, LLC

Bought with Matthew Smith • RE/MAX Real Estate Professionals Dewitt

Redfin checked: 2 minutes ago

•Source:Greater Lansing AoR #286366

Listing provided courtesy of Greater Lansing AoR

Redfin Estimate

$130,358

$5,358 since sold in February 2025$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.7% higher than the average sale price ($97K) of 6 comparable homes.

SOLD MAY 29, 2026
$89,500
A
2 beds1 bath704 sq ft
1107 May St, Lansing, MI 48906
SOLD SEP 23, 2026
$116,000
B
3 beds1 bath720 sq ft
1102 Persons Ct, Lansing, MI 48906
SOLD JUN 22, 2026
$115,000
C
2 beds1 bath756 sq ft
1319 Maryland Ave, Lansing, MI 48906
SOLD MAR 30, 2026
$107,000
D
2 beds1 bath937 sq ft
721 Clark St, Lansing, MI 48906
SOLD JUN 8, 2026
$66,000
E
2 beds1 bath714 sq ft
1022 Persons Ct, Lansing, MI 48906
SOLD JUL 22, 2026
$87,000
F
2 beds1 bath896 sq ft
1516 Congress St, Lansing, MI 48906

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$956/mo

Redfin rental estimate

List your home for rent

Market trends in 48906, MI

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.5%

1.2% MoM

Median sale price

$200K

$4K MoM

Avg. days on market

34d

1 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 17 HRS AGO
$260,000
4 beds1 bath1,860 sq ft
6908 Delta River Dr, Lansing, MI 48906
$79,900
— beds1 bath1,839 sq ft
400 Adams St, Lansing, MI 48906
$94,500
2 beds1 bath702 sq ft
1545 Ohio Ave, Lansing, MI 48906
$194,900
3 beds2.5 baths1,536 sq ft
1411 Academy Ln, Lansing, MI 48906
$170,000
2 beds2 baths1,764 sq ft
15850 Florence St, Lansing, MI 48906
3D WALKTHROUGH
$214,900
3 beds2 baths2,267 sq ft
2920 Webster Rd, Lansing, MI 48906
$189,900
2 beds1 bath1,784 sq ft
7345 West Stoll Rd, Lansing, MI 48906
$115,000
3 beds2 baths1,539 sq ft
102 Saint Ives N, Lansing, MI 48906
$225,000
3 beds1.5 baths2,053 sq ft
2918 Alsand Cir, Lansing, MI 48906
$157,500
2 beds2 baths1,924 sq ft
310 Banberry, Lansing, MI 48906
See all

Provided by Redfin

Sale history for 516 Monroe St

Date

Event

Price

Greater Lansing AoR #286366

Feb 25, 2025

Sold

$125,000

$174/sq ft

Jan 30, 2025

Listed

$125,000

$174/sq ft

REALCOMP #630000286366

Jan 30, 2025

Listed

$125,000

$174/sq ft

Greater Lansing AoR #284613

Nov 20, 2024

Listing Removed

—

REALCOMP #630000284999

Dec 18, 2024

Listing Removed

—

Nov 20, 2024

Listed

$124,900

$173/sq ft

REALCOMP #630000284613

Nov 20, 2024

Listing Removed

—

Oct 31, 2024

Listed

$129,900

$180/sq ft

Public Records

Dec 21, 2023

Sold

$47,000

$65/sq ft

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Tax history for 516 Monroe St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

66 ft.

Lot depth

132 ft.

Lot size

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

720

Year built

1923

Style

Single Family Residential

County

Ingham County

APN

33-01-01-09-480-392

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 28, 2026.

DT-1

Urban Edge District

The DT-1 Urban Edge District permits a mixture of office and residential uses complementary to the Downtown Core but lower in intensity. Urban edge areas are intended to retain elements of the historic residential character such as short block lengths and existing front-yard setbacks. One purpose of this district is to permit homes to be converted to offices provided the historic residential character is maintained.

Permitted uses

Include but are not limited to:

Bank
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Library
Museum / gallery
Park & open space

Property details

Parking

Parking & Garage Information
Has Attached Garage: No
Parking Features: Driveway

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 0

Room 1 Information
Room 1 Type: Living Room
Room 1 Dimensions: 15.09 x 11.03
Room 1 Length: 15.09
Room 1 Width: 11.03

Room 2 Information
Room 2 Type: Dining Room
Room 2 Dimensions: 11.03 x 10.01
Room 2 Length: 11.03
Room 2 Width: 10.01

Room 3 Information
Room 3 Type: Kitchen
Room 3 Dimensions: 8.05 x 7.09
Room 3 Length: 8.05
Room 3 Width: 7.09

Room Information
# of Rooms (Total): 5
Basement: Full

Room 4 Information
Room 4 Type: Primary Bedroom
Room 4 Dimensions: 12.08 x 11.05
Room 4 Length: 12.08
Room 4 Width: 11.05

Room 5 Information
Room 5 Type: Bedroom 3
Room 5 Dimensions: 7.1 x 11.03
Room 5 Length: 7.10
Room 5 Width: 11.03

Heating & Cooling
Cooling: None
Has Cooling: No
Heating: Forced Air
Has Heating: Yes

Interior Features
Appliances: Microwave, Refrigerator, Range, Dishwasher
Laundry Features: In Basement

Exterior

Exterior Features
Roof: Shingle

Property Information
New Construction: No
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Year Built: 1923
Living Area: 720.0
Levels: Two

Lot Information
Lot Size Acres: 0.2
Lot Size Dimensions: 66x132
Lot Size Area: 0.2
Lot Size Square Feet: 8712.0
Lot Size Units: Acres
Road Surface Type: Asphalt

Location

School Information
High School District: Lansing

Location Information
Directions: Oakland/Cedar to monroe
Subdivision Name: Original of Lansing

Utility Information
Sewer: Public Sewer

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 720
Stories: —
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1923
Year Renovated: —
County: Ingham County
APN: 33-01-01-09-480-392

Home facts updated by county records on Oct 28, 2026

Other

Miscellaneous Information
Construction Materials: Vinyl Siding

Around this home

Schools

Pattengill Academy

Public PreK-8 • Assigned • 1.2mi

4/10

Eastern High School

Public 9-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Lansing, MI • 48906

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2.6 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$124,000 – $150,000

Sell confidently with a local market expert in Lansing. 3 minutes to get started.

Nearby similar homes

$55,000

3 beds1 bath982 sq ft

1022 N Martin Luther King Junior Blvd, Lansing, MI 48915

3,920 sq ft lot • Built 1916 • Listed 58 days

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1 bed1 bath960 sq ft

623 E Paulson St, Lansing, MI 48906

6,970 sq ft lot • Garage • Built 1951

3D WALKTHROUGH

$207,000

3 beds1.5 baths1,584 sq ft

1800 Illinois Ave, Lansing, MI 48906

Dine-in kitchen • Sliding doors • Fenced backyard

$89,900

4 beds1 bath1,087 sq ft

1014 N Pennsylvania Ave, Lansing, MI 48906

6,098 sq ft lot • Built 1904 • Listed 37 days

3D WALKTHROUGH

$79,900

2 beds1 bath720 sq ft

927 Clark St, Lansing, MI 48906

Full basement • Covered front porch • 7,405 sq ft lot

$70,000

3 beds1 bath1,336 sq ft

527 Beech St, Lansing, MI 48912

6,316 sq ft lot • Built 1892 • Listed 60 days

New listings for sale in 48906

NEW 17 HRS AGO

$260,000

4 beds1 bath1,860 sq ft

6908 Delta River Dr, Lansing, MI 48906

Four-seasons room • Hardwood floors • Cozy fireplace

$79,900

— beds1 bath1,839 sq ft

400 Adams St, Lansing, MI 48906

0.25 acre lot • Garage • Built 1886

$94,500

2 beds1 bath702 sq ft

1545 Ohio Ave, Lansing, MI 48906

Corner lot • Updated kitchen • Fenced in backyard

$194,900

3 beds2.5 baths1,536 sq ft

1411 Academy Ln, Lansing, MI 48906

End unit • Gas fireplace • Large kitchen

$170,000

2 beds2 baths1,764 sq ft

15850 Florence St, Lansing, MI 48906

Newer kitchen • Large back porch • 0.46 acre lot

3D WALKTHROUGH

$214,900

3 beds2 baths2,267 sq ft

2920 Webster Rd, Lansing, MI 48906

Large lot • Bright living room • Bay window

$189,900

2 beds1 bath1,784 sq ft

7345 West Stoll Rd, Lansing, MI 48906

Two large barns • Expansive lean-to • Custom-built sauna

$115,000

3 beds2 baths1,539 sq ft

102 Saint Ives N, Lansing, MI 48906

3 season room • Cul de sac • Green space

$225,000

3 beds1.5 baths2,053 sq ft

2918 Alsand Cir, Lansing, MI 48906

Brick ranch • Quiet cul-de-sac • Hardwood floors

Home values near 516 Monroe St

Data from public records.

Address	Redfin Estimate
524 Monroe St, Lansing, MI - Beds \| 2 Baths \| 1420 Sq. Ft.	$150,722
505 Monroe St, Lansing, MI 2 Beds \| 1.5 Baths \| 853 Sq. Ft.	$63,538

Address	Redfin Estimate
509 Monroe St, Lansing, MI - Beds \| 1 Baths \| 853 Sq. Ft.	$99,447
523 Monroe St, Lansing, MI 3 Beds \| 2 Baths \| 1212 Sq. Ft.	$146,212

Address	Redfin Estimate
417 Monroe St, Lansing, MI 3 Beds \| 1 Baths \| 910 Sq. Ft.	$124,500
529 Monroe St, Lansing, MI 3 Beds \| 1 Baths \| 1116 Sq. Ft.	$86,497

Property information provided by Greater Lansing AoR when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 48906, MI

Sale history for 516 Monroe St

Tax history for 516 Monroe St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 48906

Home values near 516 Monroe St

More real estate resources