Lease-Expiring Income
1954 E M 78 East Lansing, MI 48823
1954 E M 78, East Lansing, MI, 48823
$409,000
For Sale
$409,000
MULTI_FAMILY - East Lansing, MI
Lot Size1.61 Acres
Days on Market57
Property Features for 1954 E M 78
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bathroom 4, 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 agency
616 Realty LLC
(616) 272-3707
Listed by
Jer-Waun Kirkland
(616) 258-3103
Added: May 26 Updated: Jul 21 at 11:12AM Checked: Jul 21 at 5:06PM
MLS# 26024752
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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.
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
Similar For Sale Nearby
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 E M 78 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