220 Smith Ave, Lansing, MI 48910
Property image
Property image
OFF MARKET

220 Smith Ave
Lansing, MI 48910

REO Town
  • 7 Beds

$230,700

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $1,625/mo*
Refinance Your Home

$230,700

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $1,625/mo*
Refinance Your Home
7 Beds

Local Information

  • Map ViewExplore the area around 220 Smith Ave.
  • Schools5 Preschool Schools6 Elementary Schools4 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1912
Parking
Garage

About this House

PHENOMENAL INVESTMENT OPPORTUNITY! Calling all Lansing area new or seasoned investors - 4X's the Income - This one is not to miss! This sought-after 4-unit provides GREAT IMMEDIATE INCOME. Rents total approximately $3,705 per month currently with potential room for growth.

Approximately 30K in updates in 2023 including windows, flooring, and roof. PHENOMENAL INVESTMENT OPPORTUNITY! All units are rented and all are ready to go! COL Certified, plus Section 8 Approved. All units have individual furnaces. Convienently located new highways, public transport, Downtown Lansing, and not far from MSU Campus & Sparrow. This property is part of a multi-unit portfolio with diverse income potential. ALL PROPERTY RENTS CURRENTLY TOTAL $10,043/MO * 220 Smith: 4 UNIT- 3; 2; 1& 1BR * 131 S Hosmer: 3 UNIT- 2; 1 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented. Please allow at least 24 hours to schedule showings due to tenant's notice.

Financials available upon request.
220 Smith Ave, Lansing, MI 48910 is a 7 bedroom multi-family in REO Town, built in 1912. It last sold for $235,500 on Apr 25, 2025 (4% below the $245,000 asking price). More recently, it was listed as a rental in November 2022 with an asking price of $200,000 per month. It is currently off market. The Trulia Estimate is $230,700, with a rent estimate of $1,294/month.

Home Details for 220 Smith Ave

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 7
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 8Number of Covered Spaces: 8Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Driveway,Off Street
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3027 Square Feet

Property Information

Year Built
Year Built: 1912
Property Type / Style
Property Type: Residential Income
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 33010121380052

Price & Status

Price
List Price: $245,000
Status Change & Dates
Off Market Date: Mon Mar 03 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: LansingCommunity: Park Place
School Information
High School: LansingHigh School District: Lansing

Lot Information

Lot Area: 9147.6 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 285480Above Grade Unfinished Area: 3027
Last check for updates: about 11 hours ago
Listed by Amber Redman, (517) 881-6658
Five Star Real Estate - Lansing
Source: Greater Lansing AOR, MLS#285480

Price History for 220 Smith Ave

DatePriceEventSource
04/25/2025$235,500Sold
Greater Lansing AOR #285480
04/08/2025$245,000PendingGreater Lansing AOR #285480
03/04/2025$245,000ContingentGreater Lansing AOR #285480
02/03/2025$245,000PriceChange
Greater Lansing AOR #285480
12/27/2024$255,000Listed For SaleGreater Lansing AOR #285480
10/17/2024$260,000ListingRemovedGreater Lansing AOR #282809
08/12/2024$260,000Listed For SaleGreater Lansing AOR #282809
06/04/2024ListingRemovedExit Realty
03/28/2023$200,000PendingExit Realty #270040
03/23/2023$195,000Sold
Greater Lansing AOR #270040
12/20/2022$200,000PendingGreater Lansing AOR #270040
11/22/2022$200,000ContingentGreater Lansing AOR #270040
11/16/2022$200,000Listed For RentExit Realty #270040
11/15/2022$200,000Listed For SaleGreater Lansing AOR #270040

Market trends in Lansing

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$158K
$6.67KMoM
Sale-to-List Price
100.0%
0.5%MoM
Price per sq ft
$124
$5MoM
Available listings
507
29MoM
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Property Tax and Assessment

Year2025
Tax$6,816
Assessment$76,900
Home facts updated by county records

Comparable Sales for 220 Smith Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1722 S Washington Ave, Lansing, MI
0.12
Multi-Family Home
$150,000
04/28/26
6
4
-
1127 Lenore Ave, Lansing, MI
0.72
Multi-Family Home
$165,000
10/03/25
4
2
-
145 Isbell St, Lansing, MI
0.23
Multi-Family Home
$75,000
04/24/26
2
2
-
147 Isbell St, Lansing, MI
0.24
Multi-Family Home
$75,000
04/24/26
2
2
-
120-122 E Elm St, Lansing, MI
0.57
Multi-Family Home
$212,000
08/13/25
2
4
-
1027 Britten Ave, Lansing, MI
0.64
Multi-Family Home
$122,500
05/20/26
2
2
-
1011 E Hazel St, Lansing, MI
1.11
Multi-Family Home
$170,000
10/17/25
4
3
-
518 Beech St, Lansing, MI
1.13
Multi-Family Home
$115,000
11/04/25
5
2
-
1913 Stirling Ave, Lansing, MI
0.53
Multi-Family Home
$93,750
12/29/25
-
-

Nearby homes

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Assigned Schools

These are the assigned schools for 220 Smith Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

REO Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about REO Town

At least 8 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 89 % Say it's walkable to restaurants

  • 88 % Say there are sidewalks

  • 80 % Say parking is easy

  • 70 % Say there's wildlife

  • 69 % Say car is needed

  • 54 % Say yards are well-kept

  • 50 % Say streets are well-lit

  • 45 % Say there are community events

  • 45 % Say people would walk alone at night

  • 44 % Say there's holiday spirit

  • 44 % Say neighbors are friendly

  • 38 % Say kids play outside

  • 33 % Say it's walkable to grocery stores

  • 25 % Say it's quiet

  • 20 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Heather R.
    "There are several small parks and playgrounds in the area if one knows where to look. Most homes have one within walking distance."
    5
    Flag
  • David.j.hartman.313
    "I have transportation freedom. I can walk, bike, or drive. It is walking distance from downtown Lansing."
    1
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 220 Smith Ave

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Off Market Homes Near 220 Smith Ave

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IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2026 Greater Lansing Association of REALTORS®