414 Michigan Avenue, East Lansing, MI 48823

East Lansing
Building in 48823
2 Stories
Built in 1964
Nearby Active Listings
Welcome to 414 Michigan Avenue, a building located in East Lansing in East Lansing, MI. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1964. There are a total of 2 floors. The market value for the land that the building sits on has been listed at $1,043,800. In addition, improvements upon the building have an added value of $2,644,800. In total, the total market value of the property as a whole is $3,688,600. According to local assessors, the total value of the building is currently valued at $1,844,300. Specifically, the value of the land that the property sits on has been assessed at $521,900. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1964
Effective Year Built
1964
Bedroom Count
0
Building Condition
Good
Building Quality
B
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Living Units
24
Floor Cover
unknown
Basement Type
Unspecified basement
Basement Area
15,590
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
Wood &/or steel frames
Property Class
Residential
Subdivision
COLLEGE DELTA
Land Acres
0.861
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
Legal Description 1
E 120 FT LOT 10 COLLEGE DELTA AND THAT PORTION OF VACATED ELM PLACE LYINGADJACENT & W'LY OF W LN OF ABOVE DESCRIBED PARCEL
Ownership
Current Owner's Name
UNIVERSITY TERRACE APARTMENTS
Current Owner 2's Name
UNIV APT LIM & DTN SUITE C
Owner Address - City
LANSING
Owner Address - State
MI
Owner Address - ZIP Code
48912
Second Owner Is a Corporation
Yes
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
East Lansing School District
School Tax School District
33010
Census Tract
004100
Census Block Code
4004
Census Group
4
Census Year
2018
Census - Combined Statistical Area - Area Code
330
Census - Combined Statistical Area - Area Name
Lansing-East Lansing-Owosso, MI
Census - County FIPS
26065
Census - Full FIPS
260650041004004
Census - Metro Micro Statistical Area - Area Code
29620
Census - Metro Micro Statistical Area - Area Name
Lansing-East Lansing, MI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2624120
Census Source
US Census Bureau
Census State FIPS
26
Census Tract Code
004100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2612600
School District - Unified - Name
East Lansing School District
Zoning
Zoning
RM54
Geography
District
20-01
Parcel
33-20-01-13-238-008
Lot
10
Lot Code
unknown
Municipality
EAST LANSING CITY
Latitude
42.735
Longitude
-84.4897
FIPS
26065
Mailing Carrier Code
C082
Mailing Full Street Address
2502 LAKE LANSING RD
Mailing House Number
2502
Mailing Street Mode
RD
Mailing Street
LAKE LANSING
Mailing 4-Digit Zip Code
3661
Geo Status Code
unknown
Valuation
Timestamp
2023-06-15 14:51:45
UCID Flag
C
More About The Building
In total, the building area is listed as 46,770 square feet. The depth of the property lot was measured at 2,500 square feet and the front at 1,500 square feet. The building itself has 46,770 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 414 Michigan Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 48823 area have a median price of $993. Those in the 25th percentile, have a price around $806. While those in the 75th percentile, have a price around $1,129. Typically, the buildings in this area have a median sqft of 854. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently a total of 4 studio listings. The median price for these types of listings is $945. That's $3.10 price per sqft.

  • There are currently a total of 4 one bedroom listings. The median price for these types of listings is $1,108. That's $1.81 price per sqft.

  • There are currently a total of 6 two bedroom listings. The median price for these types of listings is $960. That's $1.20 price per sqft.

  • There is currently a single advertised three bedroom listing.
  • There are currently a total of 3 four bedroom listings. The median price for these types of listings is $720. That's $0.42 price per sqft.
About The Area
414 Michigan Avenue is located in 48823. There are 50,531 people living here. There are 19,868 households. Most of these households have an average family size of 2.91 people. According to the census, 59% are currently renting while 41% own their homes. The median age of this population is around 23.5 years old. On average, most folks in the zipcode are unmarried. About 16% of folks speak a language other than English in this area. The area's employment rate is currently around 55.2%. Speaking of employment, the median income is $40,772. Most folks will commute by car for around 16.9 minutes. Finally, we know that 9% of residents in the area have graduated with their high school degree. Additionally, 30% and 37% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Ingham County, Michigan has a population of 284,559 people. Based on census records, there are 111,118 registered households. Families in this area are on average made up of 3.06 people per household. Most folks are unmarried. They are also typically around 31.6 years old. Does diversity matter to you? Right now, 12% of folks speak a language other than English here. About 42% rent while 58% purchased their homes. Right now, the community is made up of 22% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 17% have a Master's degree. The employment rate is currently around 58%. Those employed, have a median income of $46,842. If you move here, you can expect to commute mostly by car for around 19.9 minutes.

Finally, let's take a look at the stats related to Lansing, MI Urban Area. The urban area is home to 317,519 people. A total of 126,662 households are registered here. With average family sizes being listed at 3.05 people. About 21% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 17% have their Master's degree. Folks speaking a language other than English, make up about 12% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 19.0 minutes. Speaking of your commute, 58.4% of people in this area are employed. The recorded median income is currently at $46,835 per year. The median population age has been listed at 31.9 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 44% of the population while homeowners are at about 56% of the population.
$945
Studio Median Rent
$1,108
1BR Median Rent
$960
2BR Median Rent
-
3BR Median Rent
PUBLIC TRANSIT
01
20
EBD Michigan Ave before Delta St (Under 500 ft - 3 min walk)
Capital Area Transportation Authority
01
18
20
34
WBD Michigan past Delta St (Under 500 ft - 3 min walk)
Capital Area Transportation Authority
01
18
20
34
WBD Michigan Ave past Louis St (520 ft - 3 min walk)
Capital Area Transportation Authority
01
15
WBD Michigan past Center St (1040 ft - 4 min walk)
Capital Area Transportation Authority
25
NBD Harrison past Michigan (0.23 mi - 5 min walk)
Capital Area Transportation Authority

Nearby Schools

(within attendance boundary)
Glencairn School  •  0.96 mi
1110 Narcissus Dr, East Lansing, MI 48823
Public  •  Elementary  •  Grades PK to 5
East Lansing School District
MacDonald Middle School  •  1.54 mi
1601 Burcham Dr, East Lansing, MI 48823
Public  •  Middle School  •  Grades 6 to 8
East Lansing School District
East Lansing High School  •  0.69 mi
509 Burcham Dr, East Lansing, MI 48823
Public  •  High School  •  Grades 9 to 12
East Lansing School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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