Property details
About 1954-1964 E M-78
Welcome to 1954-1964 E M-78, East Lansing Mi. Rare Multi-Family Investment Opportunity in Desirable Haslett School district - Two Homes on a 1.61 acre Parcel! Discover this unique multi-family property featuring **two separate rental homes** on one parcel—an ideal investment opportunity or perfect for multi-generational living! Both homes are well-maintained, fully rented, and offer strong income potential in a desirable location. One home was custom built in 2022 and the other is 1940 and full of updates. The seller has the plan for an addition structure on the property and has received permission from the township to add an addition building up to 5 more units. That would bring in $1000's more dollars monthly. *Property Highlights: Two detached homes on a single lot— maximize rental income or live in one and rent the other! Strong rental history with consistent occupancy. Separate utilities for each home, making tenant management easy. Spacious lot. Conveniently located near shopping, highway, dining, schools, and public transportation. This would make a great in-law set up as well. Whether you're a seasoned investor or looking for a property with income potential, this rare find won't last long **48 Hour Notice Required** Meridian Township Plans for a 3rd unit approved!
Highlights
Summary
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Combination, Hardwood, Laminate
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Driveway, Floor Drain, Garage Door Opener, Garage Faces Front
- Exterior: Rain Gutters
- Architectural Style: Cape Cod, Raised Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $429,900
- Lot: Back Yard, Level, Many Trees, Near Public Transit, Open Lot, Views, Wooded
- Directions: Put 1954 E M-78 East Lansing in your Navigation... W of Meijer
- Year Built: 1940
- Stories: 1
- Lot Size: 1.61 Acres
- MLS Number: 286071
- MLS Name: Greater Lansing Association of REALTORS®
- Office Name: Century 21 Affiliated
- Office Phone: (517) 887-0800
- Office Email: adminlansing@c21affiliated.com
- Listing Agent: Angela Averill
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: 7/25/2025, 12:40:34 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
7
Murphy Elementary School
Public District 2-5
0.9 mi
•1875 Lake Lansing Rd
6
Vera Ralya Elementary School
Public District 2-5
1.8 mi
•5645 School St
3
Donley Elementary School
Public District PK-5
2.0 mi
•2961 E Lake Lansing Rd Bldg B
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 $36,350. Residents of East Lansing, MI typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Soccer
PGA/LPGA
Where do the neighbors shop?
Kmart
Stein Mart
Old Navy
Where do the neighbors go to eat?
Bob Evans
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
Buick
GMC
Lexus
What do the neighbors listen to?
Oldies
Adult Standards
New Country
Frequently asked questions
About 1954-1964 E M-78
The listing price of 1954-1964 E M-78 property is $429,900.
The property 1954-1964 E M-78 is a multi located in East Lansing, Michigan, 48823.
Active Listing: 1954-1964 E M-78 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1954-1964 E M-78 are: Murphy Elementary School (GreatSchools Rating 7/10), Vera Ralya Elementary School (GreatSchools Rating 6/10), Donley Elementary School (GreatSchools Rating 3/10), Haslett Middle School (GreatSchools Rating 7/10), Macdonald Middle School (GreatSchools Rating 6/10), Bath Middle School (GreatSchools Rating 5/10), Haslett High School (GreatSchools Rating 8/10), East Lansing High School (GreatSchools Rating 8/10), Bath High School (GreatSchools Rating 5/10).
The year of construction for 1954-1964 E M-78 is 1940.
This home is located at 1954-1964 E M-78 in East Lansing, MI and zip code 48823. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $429,900.
In June 2025 more than 14 listings in East Lansing, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 18 were sold below. The number of listings in East Lansing, MI increased by 15.1% between May and June 2025. The median list price of listings available in June 2025 was $315,000, while the average time on the real estate market was 6 days.