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341/343 Bailey Street, East Lansing, MI 48823

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For Sale

$550,000

0.14 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • 41-50 Years Old
    Age

Explore this Property

Prime Investment Opportunity in Downtown East Lansing - 341/343 Bailey StreetLocated in the heart of downtown East Lansing, this rare ten-bedroom duplex offers unbeatable proximity to Michigan State University, dining, shopping, and entertainment. Each side of the duplex is licensed as a Class IV rental, allowing up to 3 unrelated occupants or a family per unit-strictly enforced by the City of East Lansing.This property has proven to be a consistent and reliable rental for the past 20+ years, with strong tenant demand year-round. Both units are fully leased through July 31, 2027, ensuring immediate cash flow for investors.Whether you're looking for a future place to call home or to expand your portfolio - 341/343 Bailey is the opportunity you've been waiting for.
MLS# 291658

Courtesy Of First Home Real Estate Inc
6607 W. St Joseph Hwy, Lansing, MI 48917
(517) 339-8255

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Basement
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 341/343 Bailey Street, East Lansing, MI 48823

Home seller CENTURY 21 Affiliated

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

CENTURY 21 Affiliated

(517) 887-0800
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.