Property Type:
Multi Family
Lot Size (sq. ft.):
70,132
Status:
Active
Current Price:
$409,000
List Date:
5/26/2026
Last Modified:
7/26/2026
1954-1964 E M 78, East Lansing, MI 48823
$409,000
Overview
Description
Listing Details MLS# 26024752
Location Property Info
- County
- Ingham
- Street #
- 1954-1964
- Street Direction
- E
- Street Name
- M 78
- State
- MI
- Zip Code
- 48823
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 70132
- Lot Acres
- 1.61
- Lot Dimensions
- 1.61
- Year Built
- 1940
- New Construction
- No
- Cert of Compliance
- Yes
- Road Frontage
- 555.24
- Total # Units
- 2
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- 2
- Total Parking Spaces
- 4
- Waterfront
- No
- School District
- Haslett
- Basement
- Yes
Tax Info
- Tax ID #
- 33-02-02-03-101-001
- Taxable Value
- 196344
- SEV
- 218000
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 14300
- Tax Year
- 2025
- Spec Assessment & Ty
- 2025
- Zoning
- Residential
- Homestead %
- 0
Access Feat
- Accessibility Features
- No
Unit 1
- Unit #
- Yes
- Unit Description
- 1964- Ranch
- SqFt
- 2025
- Occupied
- Yes
- Monthly Rent
- 1900
- Bathrooms
- 2
- Full Baths
- 2
- Central Air
- Yes
- Dishwasher
- Yes
- Garage
- Yes
- Garb Disp
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
More Information
Unit 2
- Unit #
- 2
- Unit Description
- 1954- Cape Cod
- SqFt
- 1140
- Occupied
- Yes
- Monthly Rent
- 1400
- Bathrooms
- 2
- Full Baths
- 2
- Dishwasher
- Yes
- Garb Disp
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Location & Property Info
- Cross Streets
- Marsh Rd
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Meridian Twp
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- 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
- Legal
- M3-7 THAT PT OF NW FRL 1/4 OF NW FRL 1/4 LYING NW OF M-78 HWY, SEC 3, T4NR1W 3A.
Util Avail at Street
- Public Sewer
- Yes
Utilities Attached
- Electricity Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Well
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Vinyl Siding
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
- Other
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Substructure
- Slab
- Yes
Owner Pays
- None
- Yes
Possession
- Negotiable
- Yes
Property Features
Laundry Features:
In Basement
Exterior Material:
Vinyl Siding
Substructure:
Slab
Sewer:
Public Sewer
Water:
Well
Utilities Attached:
Electricity Connected
Util Avail at Street:
Public Sewer
Owner Pays:
None
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Terms Available:
Cash; Conventional
Possession:
Negotiable
Sale Conditions:
None; Other
Unit 1:
Central Air; Dishwasher; Garage; Garb Disp; Range Oven; Refrigerator; Washer/Dryer
Unit 2:
Dishwasher; Garb Disp; Range/Oven; Refrigerator; Washer/Dryer
Documents
Seller's Disclosure ›
Listing Office:
616 Realty LLC
Listing Agent:
Jer-Waun Kirkland
Last Updated: July - 26 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
