#286684, David A. Barone, Listing office: RE/MAX Real Estate Professionals
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
(Active Under Contract)
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
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
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Tax history
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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.
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.
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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.