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1954-1964 E M-78, East Lansing, MI 48823

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For Sale

$429,900

1.61 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1.6 acres
    Lot size

  • 1940
    Year built

  • 2 Car Garage
    Garage Count

Explore this Property

Welcome to 1954-1964 E M-78, East Lansing Mi. Rare Multi-Family Investment Opportunity in Desirable Haslett School district - Two Homes on a 1.61 acre Parcel! Discover this unique multi-family property featuring **two separate rental homes** on one parcel-an ideal investment opportunity or perfect for multi-generational living! Both homes are well-maintained, fully rented, and offer strong income potential in a desirable location. One home was custom built in 2022 and the other is 1940 and full of updates. The seller has the plan for an addition structure on the property and has received permission from the township to add an addition building up to 5 more units. That would bring in $1000's more dollars monthly. *Property Highlights: Two detached homes on a single lot- maximize rental income or live in one and rent the other! Strong rental history with consistent occupancy. Separate utilities for each home, making tenant management easy. Spacious lot. Conveniently located near shopping, highway, dining, schools, and public transportation. This would make a great in-law set up as well. Whether you're a seasoned investor or looking for a property with income potential, this rare find won't last long **48 Hour Notice Required** Meridian Township Plans for a 3rd unit approved!
MLS# 286071

Listed By CENTURY 21 Affiliated
7200 W. Saginaw Hwy, Lansing, MI 48917

Property Features

  • Basement
    Full, Slab Foundation
  • Cooling
    Central A/C
  • Exterior Description
    Vinyl Siding
  • Flooring
    Hardwood, Mixed, Wall to Wall Carpet, Laminate
  • Garage Count
    2 Car Garage
  • General
    Smoke Detector
  • Heating Type
    Forced Air
  • Lot Description
    Wooded, Level
  • Lot Size
    1.61 Acres
  • Pre-Wiring
    Garage Door
  • Roof
    Composition Shingle
  • Sewer
    Public
  • Style
    Other Style
  • Water
    Well

Map and Directions

Directions to 1954-1964 E M-78, East Lansing, MI 48823

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Angela Averill of Angela Averill Team

of CENTURY 21 Affiliated

License: 6501312624
(517) 712-5949
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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