516 Monroe St, Lansing, MI 48906
Side of house
Living Room
OFF MARKET

$133,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 720 sqft

516 Monroe St, Lansing, MI 48906

Northtown
Est. Refi. Payment $972/mo*
Refinance Your Home
Currently Off Market - Sold Feb 26, 2025 for $125,000

Home Value

Trulia Estimate
$133K
Since last month
Decreased$2K (-1.3%)
Since last year
Increased$5K (+3.9%)
Since last sale
Increased$8K (+6.7%)
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 +504% in the last 10 years
MonthEstimated value
2026
August 2026$133K
July 2026$135K
June 2026$134K
May 2026$134K
April 2026$132K
March 2026$132K
February 2026$133K
January 2026$129K
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
829 E North St, Lansing, MI
0.72
Single-Family Home
$85,000
06/29/26
2
1
768
Home facts updated by county records

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
505 Monroe St, Lansing, MI 48906
0.04
$74,300
2
1.5
1,334
Off Market
514 E Maple St, Lansing, MI 48906
0.27
$81,600
3
1
1,173
Off Market
523 Ash St #1, Lansing, MI 48906
0.16
$65,600
3
2
946
Off Market
1016 N Cedar St, Lansing, MI 48906
0.19
$81,500
3
1
1,050
Off Market
406 Adams St, Lansing, MI 48906
0.19
$116,500
3
2
1,460
Off Market
1024 N Larch St, Lansing, MI 48906
0.22
$66,200
Studio
1
909
Off Market

Local Information

  • Map ViewExplore the area around 516 Monroe St.
  • Schools5 Preschool Schools6 Elementary Schools4 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Living Area
720 sqft
Price/Sqft
$185

About this House

2 bedroom home with vintage charm. Living room, dining room, kitchen on main level and 1 bath and 2 bedrooms on 2nd floor. Full basement with laundry hookup. Double lot. Rent $850 and security deposit $850. Tenant pays all utilities and trash removal. Also tenant is responsible for grass mowing and snow removal. No pets and no smoking. Now taking applications.
516 Monroe St, Lansing, MI 48906 is a 2 bedroom, 1 bathroom, 720 sqft single-family home in Northtown, built in 1923. It last sold for $125,000 on Feb 26, 2025. More recently, it was listed as a rental in August 2021 with an asking price of $850 per month. That rental listing was removed on September 6, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $133,100, with a rent estimate of $1,303/month.

Home Details for 516 Monroe St

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, OilAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Tile
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
Parking: Off Street

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
Feb 26, 2025
Source: N/A
Sold
$125,000
Nov 10, 2024
Source: Greater Lansing AOR #284613
ListingRemoved
$129,900
Oct 31, 2024
Source: Greater Lansing AOR #284613
Listed For Sale
$129,900
Dec 21, 2023
Source: N/A
Sold
$47,000
Sep 6, 2021
Source: Zillow Rental Manager
ListingRemoved

Market trends in Lansing

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$162K
$4.63KMoM
Sale-to-List Price
100.1%
Price per sq ft
$127
$2MoM
Available listings
587
81MoM

Around this home

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

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

What Locals Say about Northtown

At least 21 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 86 % Say yards are well-kept

  • 85 % Say parking is easy

  • 65 % Say kids play outside

  • 64 % Say car is needed

  • 57 % Say it's dog friendly

  • 56 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 46 % Say it's walkable to restaurants

  • 45 % Say people would walk alone at night

  • 41 % Say there's wildlife

  • 38 % Say there's holiday spirit

  • 36 % Say it's quiet

  • 31 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • King C
    "It is hard Sometimes to get things the way she like it but I usually take the highway no malcome x blvd"
    0
    Flag
  • Shane Johnson
    "They would not like the lack of safe spaces to walk your dog. Meaning that the areas that you can walk are not well lit and not well maintained, and then the dog owners usually will not have their own dogs leashed"
    1
    Flag
  • Trulia User
    "Sometimes dogs escape their enclosure to play in our courtyard here. So we became friendly with our neighbors. "
    3
    Flag
  • Lilcocojr12
    "It is a nice place to stay. If you mind your own business everything will be ok. Problem only come when people in other people pot."
    3
    Flag
  • Cynthia M.
    "You see people walking there dogs all the time. Alot of the dogs are security dogs though, but those ones are behind fences. No problems about 95% pick up after the dogs too."
    11
    Flag
  • Jessica L. B.
    "I've lived here for three years and my neighbors are friendly and mind there own business and it's quiet."
    3
    Flag
  • Kim
    "This area is great. The homes are affordable, but close to everything. Old Town, downtown Lansing, and East Lansing are all close. Lots of public transportation, parks, etc. Free on street parking for guests in many areas. I've been very happy living here."
    3
    Flag
  • Francis
    "I have lived in these are for over a year now and every day it has grown more on me. I think there is only one reason why people don't "like" Lansing and many parts of Michigan. There just aren't enough jobs. That simple."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 Monroe St

  • What is 516 Monroe St estimated to be worth?
    Trulia's estimated value for 516 Monroe St in Lansing, MI is $133,100.
  • What is the price history for 516 Monroe St?
    516 Monroe St in Lansing, MI last sold for $125,000 in February 2025.
  • 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 $162K. That is up $4.63K from the prior month.
  • How big is the lot at 516 Monroe St?
    The lot at 516 Monroe St in Lansing, MI is about 0.20 acres (8,712 sq ft).
  • Does 516 Monroe St have parking?
    Yes, 516 Monroe St in Lansing, MI has on-site parking.

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