$315,000

5166-5168 Park Lake Rd East Lansing, MI 48823

$3,741
Closing credit¹
0.5 acres
Multi-Family

Property details

About 5166-5168 Park Lake Rd

Fantastic investment opportunity to own a brick ranch duplex in Okemos Schools! This home features nicely updated bathrooms with step-in showers and tile walls, updated double vanities, double linen closets in both units, hardwood flooring in living, dining and bedrooms, kitchen with pantry closets, all appliances, updated basement flooring, fresh paint, and a fenced in yard with a privacy fence. Licensed for 3 unrelated or a family on both sides. Roof new 2019, furnace on 5168 side 2003, windows 2006 with 35-year warranty, main drain replaced 2016. 5166 side has gas hot water baseboard heating and 5168 has forced air. Don't wait- this will sell fast!

Highlights

Home typeMulti Family
HeatingBaseboard, Forced Air, Hot Water, Natural Gas, Separate Meters
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWindow Unit(s)
BasementYes
Lot size0.46 Acres
Year built1957
ParkingAttached Carport, Driveway, Paved
MLS #286346

Summary

  • Basement: Yes
  • Flooring Type: Hardwood, Tile, Vinyl
  • Attached Garage: No
  • Parking: Attached Carport, Driveway, Paved
  • Exterior: Fire Pit, Storage
  • Architectural Style: Ranch
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas, Separate Meters
  • Cooling: Window Unit(s)
  • List Price: $315,000
  • Lot: Few Trees, Front Yard, Garden, Level, Near Public Transit
  • Directions: North from Grand River. South from Saginaw.
  • Year Built: 1957
  • Stories: 1
  • Lot Size: 0.46 Acres
  • MLS Number: 286346
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: White Pine Sotheby's International Realty
  • Office Phone: (517) 777-8224
  • Office Email: rob@homeseekers.net
  • Listing Agent: Josh J Nelson

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: 5/30/2025, 2:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5166-5168 Park Lake Rd, East Lansing, MI 48823 - view of front facade featuring a carport, brick siding, and a chimney

$315,000

5166-5168 Park Lake Rd

$3,741

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Bennett Woods Elementary School

Public District PK-4

1.9 mi

2650 Bennett Rd

9

Okemos Public Montessoricentral

Public District PK-4

1.9 mi

4406 Okemos Rd

3

Donley Elementary School

Public District PK-5

2.1 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 $93,172. Residents of East Lansing, MI typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
39%
35k-100k
36%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
5%
Single, with Kids
35%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
48%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • NBA/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • PontiacPontiac
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

This home is located at 5166-5168 Park Lake Rd in East Lansing, MI and zip code 48823. Features: 0 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $315,000.

East Lansing, MI housing market in April 2025 saw over 21 listings sold above listed price, more than 3 sold at listed price and over 18 sold below. The inventory of homes for sale in East Lansing, MI between March and April 2025 increased by 22.6%. The median list price of listings available in April 2025 was $301,300, while the average time on the real estate market was 75 days.

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

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