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1505 Martin Luther King Jr Blvd

Lansing, MI 48915

3 bd 1 ba 1,152 sqft Built 1929 Lot 9,583 sqft single_family
Most recent sale
$70,200
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2025 Listed $99,900 GreaterLansingArea
Feb 2, 2023 Price changed for rent $1,050 Zumper
Jan 25, 2023 Listed for rent $1,150 AppfolioUnits
Jun 9, 2022 Sold $70,200 MLS #262915
Apr 30, 2022 Relisted $68,900 MLS #262915
Feb 24, 2022 Listed $69,900 MLS #262915
Dec 21, 2009 Sold $10,000 MLS #196193
Nov 20, 2009 Price changed $11,500 MLS #196193
Oct 23, 2009 Listed $13,000 MLS #196193
Apr 29, 2003 Sold $46,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,100 $3,557
2024 $47,100 $3,452
2023 $39,200 $3,248
2022 $34,100 $2,366
2021 $32,800 $1,886
2020 $31,400 $2,295
2019 $30,400 $2,229
2018 $30,100 $2,103
2017 $29,300 $2,024
2016 $28,800 $2,002
2015 $28,000 $1,971
2014 $25,700 $1,943
2013 $25,800 $1,939
2012 $28,606 $2,132
2011 $32,700 $2,242
2010 $37,000 $2,468
2009 $40,900 $1,809
2008 $43,800 $1,401
2007 $43,100 $1,371

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,152 sqft
Lot size
9,583 sqft
ZIP code
48915
City
Lansing
Street
Martin Luther King Jr Blvd
Coordinates
42.75159, -84.56826

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$421
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1505 Martin Luther King Jr Blvd last sell?
1505 Martin Luther King Jr Blvd most recently sold on Jun 9, 2022 for $70,200.
What is the current tax assessment for 1505 Martin Luther King Jr Blvd?
The most recent total assessment for 1505 Martin Luther King Jr Blvd (year 2025) is $47,100 with $3,557 in property tax.
How does 1505 Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 32.9% below the last sale price of $70,200.
When was 1505 Martin Luther King Jr Blvd built?
1505 Martin Luther King Jr Blvd was built in 1929.
How does 1505 Martin Luther King Jr Blvd compare to others on Martin Luther King Jr Blvd?
We track 8 other properties on Martin Luther King Jr Blvd. Browse the list under "Other properties on Martin Luther King Jr Blvd" to compare beds, baths, and sale history.
What are the property facts for 1505 Martin Luther King Jr Blvd?
1505 Martin Luther King Jr Blvd is a 3 bed, 1 bath, 1,152 sqft, 9,583 sqft lot single_family.
Is 1505 Martin Luther King Jr Blvd a flip candidate?
No — 1505 Martin Luther King Jr Blvd does not appear in our flips dataset.
Is 1505 Martin Luther King Jr Blvd a tax-appeal candidate?
No — 1505 Martin Luther King Jr Blvd 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
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$120.1K
2026 Q4
$121.9K
ZIP 48915 — Median Price History + Forecast

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