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$225,000

120-122 E Elm St Lansing, MI 48910

0.05 acres
Multi-Family

Property details

About 120-122 E Elm St

INCREDIBLE INVESTMENT OPPORTUNITY in the heart of REO Town! Don't miss your chance to add this fully occupied 4-unit, 2-story home to your portfolio! This charming craftsman era home consists of two 1-bedroom and 2-studio apartments. Covered back porch and fenced back yard shared between lower units. Two attached 10' x 18' storage sheds. This home offers separate gas meters and furnaces for each unit, as well as two electric meters and two water meters. Full tearoff & new roof - 2021. City of Lansing Rental Certificate renewed through 6/1/2026. Located just moments from all the shops and amenities of REO Town and the Lansing River Trail. Quick I-496 access for easy commuting. Minutes from downtown and MSU.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Active Under Contract)
BasementYes
Lot size0.05 Acres
Year built1925
ParkingDriveway, Off Street, Paved
MLS #287946

Summary

  • Basement: Yes
  • Flooring Type: Combination, Tile, Vinyl, Wood
  • Attached Garage: No
  • Parking: Driveway, Off Street, Paved
  • Exterior: Private Yard, Rain Gutters
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $225,000
  • Lot: Back Yard, City Lot, Level
  • Directions: S WASHINGTON TO E ELM, E ON E ELM TO HOME ON RIGHT
  • Year Built: 1925
  • Lot Size: 0.05 Acres
  • MLS Number: 287946
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: EXIT Realty Home Partners
  • Office Phone: (517) 803-2345
  • Office Email: agentservices@exithomepartners.com
  • Listing Agent: Jonathan Lum

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 1:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

2

Lyons School

Public District PK-3

1.3 mi

2901 Lyons Ave

2

Cole Academy

Public Charter KG-6

1.8 mi

1915 W Mount Hope Ave

5

Pattengill School

Public Magnet PK-6

1.9 mi

815 N Fairview Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,325. The majority of Lansing, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

75%
<35k
23%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

77%
Single, No Kids
13%
Single, with Kids
5%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • PontiacPontiac
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 120-122 E Elm St

The listing price of 120-122 E Elm St property is $225,000.

The property 120-122 E Elm St is a multi located in Lansing, Michigan, 48910.

Accepting Backup Offers: 120-122 E Elm St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 120-122 E Elm St are: Lyons School (GreatSchools Rating 2/10), Cole Academy (GreatSchools Rating 2/10), Pattengill School (GreatSchools Rating 5/10), Mt Hope School (GreatSchools Rating 3/10), Midmichigan Leadership Academy (GreatSchools Rating 2/10), Lansing Charter Academy (GreatSchools Rating 6/10), Eastern High School (GreatSchools Rating 3/10), Jw Sexton High School (GreatSchools Rating 3/10), Everett High School (GreatSchools Rating 4/10).

The year of construction for 120-122 E Elm St is 1925.

This home is located at 120-122 E Elm St in Lansing, MI and zip code 48912 in the Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $225,000.

While more than 109 listings in Lansing, MI in June 2025 were sold above asking price, there were more than 27 listings sold at asking price, and more than 46 were sold below. Between May and June 2025, Lansing, MI real estate market has seen decrease in the number of listings by 0.8%. Listings spent 14 days on the market in June 2025, and had a median list price of $160,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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