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Licensed Two-Unit Duplex Property

1142 Lilac Ave East Lansing, MI 48823

1142 Lilac Ave, East Lansing, MI, 48823
$270,000
For Sale
$270,000

Duplex features an owner main unit with two bedrooms and a partially finished basement, plus a separate one-bedroom upper unit.

Days on Market20

Property Features for 1142 Lilac Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1948
Listing agency
Listed by Kevin Cermak
Source Elliman
Added: Jul 4 Updated: Jul 22 at 1:24PM Checked: Jul 22 at 1:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kevin Cermak


Investment Insights

Based on property information with market context.

This licensed two-unit duplex is configured as a main-floor owner’s unit and an upper-level apartment. The main unit includes two bedrooms, a full bathroom, a spacious living room, a functional kitchen, and interior access to the full basement. The basement has a partially finished area, laundry space, and ample storage. The upper-level apartment is accessed via a private exterior entrance and includes a living room, kitchen, full bathroom, and one bedroom, with access to the shared basement through its own private exterior entrance.\n\nOutside, the property offers a detached two-car garage, maintenance-free vinyl siding, and a large fenced backyard with a patio. The home is described as being just two blocks from Michigan State University, located in a quiet, low-traffic neighborhood.\n\nThe duplex is suitable for owner-occupancy or rental use, with the upper unit licensed for either a family or up to two unrelated occupants, supporting flexible leasing arrangements.

Key Highlights

  • Licensed 2‑unit duplex with owner main unit and separate upper rental unit
  • Owner unit includes 2 bedrooms, 1 full bathroom, spacious living room, and functional kitchen
  • Basement includes partially finished area, laundry space, and ample storage (interior access from main unit)

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply (Bike/Boat/Book/etc) Store Pharmacy Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Law Firm Computer & Electronic Repair Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex features an owner main unit with two bedrooms and a partially finished basement, plus a separate one-bedroom upper unit.
Where is this duplex located?
The property is located at 1142 Lilac Ave East Lansing, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Licensed 2‑unit duplex with owner main unit and separate upper rental unit; Owner unit includes 2 bedrooms, 1 full bathroom, spacious living room, and functional kitchen; Basement includes partially finished area, laundry space, and ample storage (interior access from main unit)
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