$215,300
- 3 Beds
- 2 Baths
- 1,101 sqft (on 0.27 acres)
331 Richard Ave, Lansing, MI 48917
Est. Refi. Payment $1,557/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 6, 2026 for $125,000 (11% below list price)
Home Value
Trulia Estimate
$215KSince last month
Decreased$900 (-0.4%)Since last year
Increased$18K (+8.8%)Since last sale
Increased$91K (+72.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +110% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $216K |
| August 2026 | $217K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.14 | Single-Family Home | $195,000 | 09/04/26 | 3 | 2 | 1,557 | |
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 home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $208,600 | 3 | 1 | 916 | Off Market | |
0.11 | $255,100 | 4 | 2 | 2,090 | Off Market | |
0.11 | $142,000 | 2 | 1 | 912 | Recently Sold | |
0.11 | $266,500 | 3 | 2 | 1,212 | Recently Sold | |
0.13 | $229,800 | 3 | 2 | 1,669 | Off Market | |
0.10 | $248,900 | 3 | 2 | 1,786 | Off Market | |
0.13 | $178,500 | 2 | 1.5 | 1,141 | Recently Sold | |
0.10 | $280,300 | 4 | 1.5 | 1,625 | Off Market | |
0.16 | $275,000 | 4 | 2 | - | Recently Sold | |
0.14 | $195,000 | 3 | 2 | 1,557 | Recently Sold | |
0.15 | $252,600 | 3 | 1.5 | 1,781 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1952
0.27 acre lot
1,101 sqft
$114/sqft
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!
331 Richard Ave, Lansing, MI 48917 is a 3 bedroom, 2 bathroom, 1,101 sqft single-family home in Waverly, built in 1952. It last sold for $125,000 on Feb 6, 2026 (11% below the $139,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $215,300, with a rent estimate of $1,726/month.
Last check for updates: about 11 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

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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 6, 2026 Source: Greater Lansing AOR #293245 | Sold | $125,000 |
Jan 14, 2026 Source: Greater Lansing AOR #293245 | Pending | $139,900 |
Jan 1, 2026 Source: Greater Lansing AOR #293245 | Listed For Sale | $139,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,840 | $197,400 |
Home facts updated by county records
Market trends in Lansing
Last updated August 2026
Avg. sale price
$170K
$7.82KMoM
Sale-to-List Price
100.1%
Price per sq ft
$129
$2MoM
Available listings
627
40MoM
Around this home
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.
Copyright © 2026 Greater Lansing Association of REALTORS®
Frequently asked questions about 331 Richard Ave
- What is 331 Richard Ave estimated to be worth?Trulia's estimated value for 331 Richard Ave in Lansing, MI is $215,300.
- What is the price history for 331 Richard Ave?331 Richard Ave in Lansing, MI last sold for $125,000 in February 2026.
- Is Lansing a buyer's or seller's market?Lansing is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lansing?The median sale price in Lansing is $170K. That is up $7.82K from the prior month.
- Does 331 Richard Ave have air conditioning?Yes, 331 Richard Ave in Lansing, MI has air conditioning.
- Does 331 Richard Ave have laundry facilities?Yes, 331 Richard Ave in Lansing, MI has laundry facilities.

