Lease-Expiring Income Duplex

1954-1964 E Saginaw Street East Lansing, MI 48823

Claim this Listing
For Sale
$409,000

MULTI_FAMILY - East Lansing, MI

Lot size:
1.61 Acres
Added:
May 26, 2026
Days on Market:
46
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 1954-1964 E Saginaw Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 6, Basement, Bedroom 2, Bathroom 2, Bedroom 3
Parking
4
Standard status
Active
APN
33-02-02-03-101-001
Lot size
1.61 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
M3-7 THAT PT OF NW FRL 1/4 OF NW FRL 1/4 LYING NW OF M-78 HWY, SEC 3, T4NR1W 3A.
Tax Annual Amount
14300

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Well

Building Details

Year built
1940
Number of units
2
Building materials
Vinyl Siding

Listing agent Jer-Waun Kirkland

Listing office 616 Realty LLC 1171 Plainfield Ave NE, Grand Rapids, MI

Listing date May 26, 2026

MLS# 26024752 Listing URL

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale income duplex features two fully rented homes on a 1.61-acre parcel. Both properties are currently occupied under leases that expire in August, offering an owner-occupant or investor the flexibility to adjust the setup at that time. One home was custom built in 2022, and the second has been extensively updated.

The site provides 555.24 feet of frontage on E M-78 in East Lansing and is located within the Haslett School District. The seller has already received township approval for an additional structure with up to 5 more units, supporting an expansion plan beyond the existing duplex.

Convenient to shopping, highways, dining, and Michigan State University, the property is being offered with a 48-hour notice required for showings.

Key Highlights

  • Income property with two fully rented homes; leases expiring in August
  • 1.61‑acre parcel with 555.24 ft of frontage on E M‑78
  • Haslett School District

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Building Supply Spa & Massage Center Law Firm Auto Parts Store Auto Repair Shop Pharmacy Kitchen & Bath Showroom HVAC Service

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

FAQs

What type of property is this?
Duplex - Two fully rented homes on a 1.61-acre parcel with long E M-78 frontage and August lease expirations.
Where is this duplex located?
The property is located at 1954-1964 E Saginaw Street East Lansing, MI.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Income property with two fully rented homes; leases expiring in August; 1.61‑acre parcel with 555.24 ft of frontage on E M‑78; Haslett School District
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message