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509 Cornell Avenue, East Lansing, MI 48823

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For Sale

$395,000

7 beds • 2 baths • 1,920 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $205.73
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

509 Cornell Ave - Turnkey Investment in Prime East Lansing LocationLocated just minutes from Michigan State University, 509 Cornell is a proven investment property in one of East Lansing's most desirable rental markets. This spacious seven-bedroom home is currently licensed for up to 5 unrelated occupants, offering strong rental potential while complying with city regulations.With a solid history of reliable rental income and a lease secured through July 31, 2027, this property is an ideal addition to any investment portfolio. The unbeatable location ensures continued demand, making it perfect for student housing or group rentals. Don't miss this chance to own a high-performing asset in a high-demand area.
MLS# 291661

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

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Refrigerator, Dishwasher
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 509 Cornell Avenue, 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) 888-0050
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Mortgage Calculator

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Monthly Payment Breakdown

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

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.