$429,900

1954-1964 E M-78 East Lansing, MI 48823

$5,105
Closing credit¹
1.6 acres
Multi-Family

Property details

About 1954-1964 E M-78

Rare Multi-Family Investment Opportunity - Two Homes on One 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. *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, dining, schools, and public transportation. Whether you're a seasoned investor or looking for a property with income potential, this rare find won't last long.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size1.61 Acres
Year builtNew Const., 1940
ParkingAttached, Driveway, Floor Drain, Garage Door Opener, Garage Faces Front
MLS #286071
Attached garage2 spaces

Summary

  • 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

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: 3/6/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of home's exterior with a lawn

$429,900

1954-1964 E M-78

$5,105

closing credit¹

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0.5% sale price²

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

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,350. The majority of East Lansing, MI residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

49%
<35k
28%
35k-100k
13%
100k-200k
10%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
6%
Single, with Kids
23%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
44%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • SoccerSoccer
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Stein MartStein Mart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • OldiesOldies
  • Adult StandardsAdult Standards
  • New CountryNew Country
All data provided by Home Junction and Claritas

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 February 2025, from all listings sold in East Lansing, MI there were more than 6 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price. In February 2025 in East Lansing, MI there were equal homes for sale than in January. In February 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $302,537.

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

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