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123 Francis Ave

Lansing, MI 48912

3 bd 2 ba 1,352 sqft Built 1912 Lot 8,712 sqft single_family
Most recent sale
$149,900
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $149,900 MLS #264259
Apr 21, 2022 Listed $144,900 MLS #264259
May 4, 2001 Sold $35,948 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,300 $741
2024 $71,300 $4,514
2023 $51,700 $4,245
2022 $44,900 $2,427
2021 $45,500 $2,520
2020 $42,300 $3,028
2019 $38,100 $2,940
2018 $36,200 $2,774
2017 $35,300 $2,670

Property facts

Year built
1912
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,352 sqft
Lot size
8,712 sqft
ZIP code
48912
City
Lansing
Street
Francis Ave
Coordinates
42.73279, -84.51604

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$899
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 Francis Ave last sell?
123 Francis Ave most recently sold on May 6, 2022 for $149,900.
What is the current tax assessment for 123 Francis Ave?
The most recent total assessment for 123 Francis Ave (year 2025) is $71,300 with $741 in property tax.
How does 123 Francis Ave's assessment compare to its last sale price?
The current assessment is 52.4% below the last sale price of $149,900.
When was 123 Francis Ave built?
123 Francis Ave was built in 1912.
How does 123 Francis Ave compare to others on Francis Ave?
We track 8 other properties on Francis Ave. Browse the list under "Other properties on Francis Ave" to compare beds, baths, and sale history.
What are the property facts for 123 Francis Ave?
123 Francis Ave is a 3 bed, 2 bath, 1,352 sqft, 8,712 sqft lot single_family.
Is 123 Francis Ave a flip candidate?
No — 123 Francis Ave does not appear in our flips dataset.
Is 123 Francis Ave a tax-appeal candidate?
No — 123 Francis Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.4%
2026 Q3
$192K
2026 Q4
$198.5K
ZIP 48912 — Median Price History + Forecast

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