Sold
Last Sold Price
5 beds1,800 sqft

5400 South Waverly Road, Lansing, MI 48911

Single FamilyProperty Type
0.34 acresLot Size
1942Year Built
$89/sq ftPrice per sq ft
6 carsParking Spaces

Description

Holt schools! Three units consisting of one single family (2/1) and a duplex (2/1 & 1/1). All units are purpose built with split utilities. The single family and the 2/1 duplex unit are both vacant and rent ready. Perfect opportunity for an owner occupant to live in the single family property while renting out the duplex. 5% down conventional loans are available for owner occupants of 2-4 unit properties! Opportunity to purchase additional duplexes on Phoenix may be a possibility.Holt schools! Three units consisting of one single family (2/1) and a duplex (2/1 & 1/1). All units are purpose built with split utilities. The single family and the 2/1 duplex unit are both vacant and rent ready. Perfect opportunity for an owner occupant to live in the single family property while renting out the duplex. 5% down conventional loans are available for owner occupants of 2-4 unit properties! Opportunity to purchase additional duplexes on Phoenix may be a possibility.
  • Listed by: Gabe Lopez 517.974.1291 gabe@trubrook.com Brokerage DRE #6505428702 • Trubrook, LLC
Listing closed: 01/09/2024 12:00 AM • Source: Realcomp, MLS#: 630000277565
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Recent comparable sales

Median sold price

$158,000

Avg days on market

48

Sale-to-list ratio

93.8%

Lansing, MI

9 comparable properties found

$162,000 | 4023 Burchfield Drive, Lansing, MI 48910
1/19
1

$162,000

Sold 06/15/26

5
Bedrooms
Unavailable
Bathrooms
1,534
Square Feet
0.22
Acres
$158,000 | 4017 Glenburne Boulevard, Lansing, MI 48911
1/20
2

$158,000

Sold 12/04/24

4
Bedrooms
Unavailable
Bathrooms
1,736
Square Feet
0.22
Acres
$130,000 | 3910 Phoenix Drive, Lansing, MI 48911
1/8
3

$130,000

Sold 01/29/25

6
Bedrooms
Unavailable
Bathrooms
1,800
Square Feet
0.29
Acres
$190,000 | 3110-3112 West Holmes Road, Lansing, MI 48911
1/41
4

$190,000

Sold 04/16/25

4
Bedrooms
Unavailable
Bathrooms
1,970
Square Feet
0.3
Acres
$145,000 | 1417 Reo Avenue, Lansing, MI 48910
1/13
5

$145,000

Sold 07/21/25

5
Bedrooms
Unavailable
Bathrooms
1,728
Square Feet
0.1
Acres
$140,000 | 4219 Burchfield Drive, Lansing, MI 48910
1/36
6

$140,000

Sold 02/21/25

4
Bedrooms
Unavailable
Bathrooms
1,718
Square Feet
0.24
Acres
$111,100 | 2417 West Jolly Road, Lansing, MI 48911
1/9
7

$111,100

Sold 04/18/25

4
Bedrooms
Unavailable
Bathrooms
1,710
Square Feet
0.23
Acres
$165,000 | 1127 Lenore Avenue, Lansing, MI 48910
1/20
8

$165,000

Sold 10/03/25

4
Bedrooms
Unavailable
Bathrooms
1,632
Square Feet
0.1
Acres
$170,000 | 131 South Hosmer Street, Lansing, MI 48912
1/20
9

$170,000

Sold 08/22/25

5
Bedrooms
Unavailable
Bathrooms
1,803
Square Feet
0.1
Acres

Location

Listing Courtesy of Trubrook, LLC

Sold By EXP Realty, LLC

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$1,111 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$257

HOA Dues

$0

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Property Information for 5400 South Waverly Road

Property Details

  • Taxes: $3,086 / year
  • MLS Type: Residential Income
  • County: Eaton County
  • Zoning Description: Multi Family

Building Information

  • Year Built: 1942
  • Lot Size: 0.34 AC / 14,810 SF

Summary

Location and General Information
  • Directions: Waverly S of Jolly. Driveway is on Phoenix.
  • Latitude: 42.678965
  • Longitude: -84.603419
  • MLS Area Major: Area11012Lansing
Taxes and HOA
  • Parcel Number: 2323508001280021
  • Tax Amount Summer: $3,086.00
  • Tax Annual Amount: $3,086.00
  • Tax Assessed Value: $54,200.00
  • Tax Legal Description: COM 176 FT N OF SE COR OF N 100 A OF NE FRL 1/4, TH W 250 FT, S 76 FT, E 250 FT N 76 FT TO BEG; SEC 1 T3N R3W, CITY OF LANSING.
  • Tax Year: 2022
School Information
  • High School District: Holt
Parking
  • Parking Total: 6.0
  • Parking Features: Driveway

Property

Lot Information
  • Lot Size Acres: 0.34
  • Lot Size Dimensions: 76x200
Property and Assessments
  • State Equalized Value: 54200.0
  • Table: MF
  • Living Area: 1800.0
  • Above Grade Finished Area: 1800.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Assessor
  • Year Built: 1942
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: In Unit, Other
  • UnitOneBedNumberOf: 1
  • UnitTwoBedNumberOf: 2

Multi Family

Multi Family Information
  • Number of Units Total: 3
  • Unit Records: 3

Unit Information

Unit 1
  • Description: 5400 S. Waverly
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 600.0
  • Type: Two Bedroom
Unit 2
  • Description: 3911 Phoenix
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 600.0
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $610.00
  • Description: 3913 Phoenix
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Sq Ft: 600.0
  • Type: One Bedroom

Agent

Sale and Listings
  • Public GLR Website: Yes

Property History for 5400 South Waverly Road

DateEvent & SourcePriceAppreciation
Jan 9, 2024

Sold (Public Record)

Public Record #1525401656

$159,900

+20.6% / yr

Jan 9, 2024

Sold

Realcomp #630000277565

$159,900—
Dec 5, 2023

Contract Signed

Realcomp #630000277565

—
DateEvent & SourcePrice
01/09/2024

Sold (Public Record)

Public Record #1525401656

$159,900

+20.6% / yr

01/09/2024

Sold

Realcomp #630000277565

$159,900
12/05/2023

Contract Signed

Realcomp #630000277565

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

5400 South Waverly Road

Beds

5

Baths

3

Total Finished SqFt

1,800 SqFt

Above Grade Finished SqFt

1,800 SqFt

Stories

1

Lot Size

15,202 SqFt

Schools near 5400 South Waverly Road

This home is within Holt Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Dimondale Elementary School
PublicK to 5

Washington Woods Middle School
Public5 to 6

Holt Junior High School
Public7 to 8

Holt Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5400 South Waverly Road, Lansing, MI 48911
$159,900
5
–
1,800
14,810
$130,000
6
–
1,800
12,632
–
–
–
–
21,693
–
–
2
1,872
9,017
–
–
1
1,690
15,856
$141,000
6
–
1,800
12,196

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Trubrook, LLC

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 05/23/2024 11:48 AM PST