1954-1964 E Saginaw Street, East Lansing, MI 48823

East Lansing
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1954-1964 E Saginaw Street,East Lansing, MI 48823
$449,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jer-waun kirkland
Office: 616 realty llc.
MLS#:26024752
Source:MI_MICHRIC

Price summary

  • Price:$449,000

About this home

Rare value-add opportunity at 1954-1964 E M-78 in East Lansing featuring two fully rented homes with leases expiring in August, giving flexibility for an owner-occupant or investor alike. Live in one home and rent out the other to help offset your mortgage while still benefiting from future development potential. Situated on a 1.61-acre parcel in the desirable Haslett School District with an impressive 555.24 feet of frontage on E M-78, this income-producing property offers strong cash flow today with major upside tomorrow. The seller has already received township approval for an additional structure with up to 5 more units, creating exceptional expansion and rental income potential. One home was custom built in 2022 while the second has been extensively updated, making this a rare opportunity for investors, multi-generational living, or long-term portfolio growth. Conveniently located near shopping, highways, dining, and Michigan State University. - 48 Hour Notice Required For Showing

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Home facts

  • Year built:1940
  • Listing ID #:26024752
  • Added:1 day(s) ago
  • Updated:May 27, 2026 at 03:10 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Slab

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1940
  • Lot area:1.61 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Well
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$449,000
  • Tax amount:$14,300 (2025)

Parking

  • Total parking spaces:4

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