$2,464 Closing Credit¹
#286684, David A. Barone, Listing office: RE/MAX Real Estate Professionals
$225,000 List price
120-122 E Elm St Lansing, MI 48910
$2,672
Closing credit¹
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
StatusActive
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
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: 6/20/2025, 6:40:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
120-122 E Elm St
$2,672
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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/WNBA
UFC
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Family Dollar
Burlington
Where do the neighbors go to eat?
Starbucks
Burger King
Church's Chicken
What do the neighbors drive?
Pontiac
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic 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.
Active Listing: 120-122 E Elm St is For Sale (Active/New) which means the seller is accepting offers.
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.
In May 2025 more than 106 listings in Lansing, MI were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 50 were sold below. Between April and May 2025, Lansing, MI real estate market has seen increase in the number of listings by 13.8%. In May 2025 median list price was $159,074 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.