331 Richard Ave
Lansing, MI 48917
Waverly- 3 Beds
- 2 Baths
- 1,101 sqft (on 0.27 acres)
$125,000
Last Sold: Feb 6, 2026
11% below list $140K
$114/sqft
Est. Refi. Payment $907/mo*
$125,000
Last Sold: Feb 6, 2026
11% below list $140K
$114/sqft
Est. Refi. Payment $907/mo*
3 Beds
2 Baths
1,101 sqft
(on 0.27 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1952
Lot Size
0.27 acres
Living Area
1,101 sqft
Price/Sqft
$114/sqft
Parking
Garage
About this House
Investor Special with Endless Potential in Delta Township! Bring your vision to this Cape Cod-style home located at 331 Richard Avenue in Lansing. This property is in need of renovation, but offers incredible upside for an investor, flipper, or a handy homeowner ready to create instant equity. Set on a generous corner lot, the home features a huge fully fenced backyard with wood privacy fencing, perfect for future outdoor living or entertaining. Two detached garages provide ample storage, workshop space, or added value potential. Inside, you'll find a large four-seasons room offering flexible additional living space, plus a full bathroom in the basement, adding convenience and future finishing options. With solid bones, classic Cape Cod charm, and plenty of square footage to reimagine... this is a rare opportunity to transform a diamond in the rough into something truly special. Cash, renovation, or conventional buyers welcome—bring your contractor and imagination!
Home Details for 331 Richard Ave
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Interior Details Basement: Bath/Stubbed,Block,Daylight,Full,Sump PumpNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room, Other |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1101 Square FeetFoundation Area: 881 |
Appliances & Utilities Appliances: Refrigerator, Range, Oven, DishwasherDishwasherLaundry: In BasementRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Combination, Vinyl |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One HalfFloors: Carpet, Combination, Vinyl |
View Has a ViewView: Neighborhood |
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Exterior Home Features Roof: ShinglePatio / Porch: Deck, Front PorchFencing: Back Yard, Fenced, Full, Privacy, WoodOther Structures: Garage(s)Exterior: Awning(s), Private YardFoundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached,Driveway,Garage,Garage Door Opener,Garage Faces Side |
Frontage Road Frontage: City StreetRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1101 Square Feet |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod |
Building Construction Materials: Aluminum SidingDoes Not Include Home Warranty |
Property Information Parcel Number: 2304006800025000 |
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Price List Price: $139,900Price Per Sqft: $114/sqft |
Status Change & Dates Off Market Date: Wed Jan 14 2026 |
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MLS Status: Closed |
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Direction & Address City: LansingCommunity: Oak Park |
School Information High School: WaverlyHigh School District: Waverly |
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Building Area Building Area: 1982 Square Feet |
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Community Features: Street Lights |
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Lot Area: 0.27 acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 293245Above Grade Unfinished Area: 1101 |
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Street Lights |
Last check for updates: about 3 hours ago
Listed by Paul E Brown, (517) 204-1000
Gateway to Homes
Bought with: Matthew Smith, (517) 712-9760, RE/MAX Real Estate Professionals Dewitt
Source: Greater Lansing AOR, MLS#293245

Price History for 331 Richard Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/06/2026 | $125,000 | Sold | Greater Lansing AOR #293245 |
| 01/14/2026 | $139,900 | Pending | Greater Lansing AOR #293245 |
| 01/01/2026 | $139,900 | Listed For Sale | Greater Lansing AOR #293245 |
Market trends in Waverly
Last updated June 2026
Avg. sale price
$254K
Sale-to-List Price
—
Price per sq ft
$144
Available listings
40
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,840 |
| Assessment | $197,400 |
Home facts updated by county records
Comparable Sales for 331 Richard Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $196,500 | 09/20/25 | 3 | 2 | 1,476 | |
0.11 | Single-Family Home | $266,500 | 06/05/26 | 3 | 2 | 1,212 | |
0.28 | Single-Family Home | $163,000 | 08/29/25 | 3 | 1.5 | 1,212 | |
0.13 | Single-Family Home | $178,500 | 05/06/26 | 2 | 1.5 | 1,141 | |
0.11 | Single-Family Home | $142,000 | 05/22/26 | 2 | 1 | 912 | |
0.16 | Single-Family Home | $190,000 | 12/01/25 | 3 | 1 | 1,008 | |
0.18 | Single-Family Home | $238,500 | 02/02/26 | 3 | 2 | 1,494 | |
0.20 | Single-Family Home | $180,000 | 05/18/26 | 3 | 1 | 1,040 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 331 Richard Ave.
What Locals Say about Waverly
At least 75 Trulia users voted on each feature.
93 % Say it's dog friendly
85 % Say parking is easy
82 % Say yards are well-kept
81 % Say car is needed
77 % Say there are sidewalks
75 % Say there's holiday spirit
71 % Say it's quiet
71 % Say kids play outside
71 % Say people would walk alone at night
65 % Say it's walkable to grocery stores
65 % Say streets are well-lit
64 % Say it's walkable to restaurants
56 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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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.
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