East Lansing, MI Residential Income Properties for Sale

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Lansing, MI Okemos, MI Haslett, MI Bath, MI Holt, MI Dewitt, MI Mason, MI Dimondale, MI

Updated: Nov 8, 2025

Noca Lofts

16820 Chandler Rd, East Lansing, MI 48823

$21,000,000

95,421 sqft

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This listing looks promising.

Here's a quick look at some key insights for

16820 Chandler Rd, East Lansing, MI 48823

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Est. Cap Rate

3.7%
NOI ÷ price
Est. NOI

$777K
Annual
Mortgage

$656K
Oct 2017
Property Type

Stores & Apartments
Built 2018

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Updated: Jul 22

Duplex with Central Air

1800 Coolidge Road, East Lansing, MI 48823

$289,900

0.30 AC lot

Fully occupied duplex with both units currently rented
Central air cooling plus natural gas forced‑air heat
0.3‑acre lot with driveway parking
Built in 1971 with vinyl siding and shingle roof
Public water and public sewer services

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Lease-Expiring Income Duplex

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

$409,000

1.61 AC lot

Two fully rented homes on a 1.61-acre parcel with long E M-78 frontage and August lease expirations.

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Licensed Quadplex Rental Property

906 E Michigan Ave, East Lansing, MI 48823

$368,000

2,160 sqft

Class IV rental license licensed for four units with tenants in place through August 12, 2027.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Residential Income Property Near Campus

408 Ann Street, East Lansing, MI 48823

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4,808 sqft

A residential income option positioned about three blocks from MSU, supporting easy walkability for graduate students.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 5 Active listings in East Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Licensed Duplex

607 Shepard Street, Lansing, MI 48912

$149,900

1,472 sqft

Upper and lower units share basement laundry access, separate driveways, and individually metered gas and electric service.

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Duplex with Full Basement and Garage

1713 Stanley Court, Lansing, MI 48912

$154,900

0.09 AC lot

Two-unit duplex with hardwood floors, forced-air heat, public water and sewer, plus full basement and driveway parking.

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Mixed-Use Property with Updated Office

2200 E Michigan Avenue, Lansing, MI 48912

$289,000

2,392 sqft 0.07 AC lot

Mixed-use property featuring updated office space and residential apartment.

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Lansing Multifamily Investment Opportunity

602 N Pennsylvania Ave, Lansing, MI 48912

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Four-unit property near Sparrow Hospital and Lansing Eastern.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in East Lansing

Hagadorn Lot D Road, East Lansing, MI 48823

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1,850 sqft 0.36 AC lot

Vacant land parcel suitable for building in East Lansing.

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East Lansing Buildable Lot

6285 Heathfield Drive, East Lansing, MI 48823

$340,000

0.78 AC lot

Premium lot in Whitehills Woods neighborhood, East Lansing.

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Commercial Land on Saginaw

E M-43 Street, Lansing, MI 48906

Contact for pricing

0.20 AC lot

Buildable commercial lot on M43 Saginaw in Lansing, Michigan.

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Wooded 2.44 Acre Building Lot

Driftwood Drive, Dewitt, MI 48820

$125,000

2.44 AC lot

Large wooded lot in DeWitt School district, close to I-69.

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Off-Market Properties in East Lansing, MI

Consider similar Off-Market properties in East Lansing, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BOARDING/ROOMING HOUSE

214 Charles St, East Lansing, MI 48823-4304

Value Estimation by Request

3,272 sqft 0.14 AC lot

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BOARDING/ROOMING HOUSE

421 Abbot Rd, East Lansing, MI 48823-3345

Value Estimation by Request

3,656 sqft 0.25 AC lot

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Multifamily properties

113 Louis St, East Lansing, MI 48823

Value Estimation by Request

2,000 sqft

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Multifamily properties

1003 Ann St, East Lansing, MI 48823

Value Estimation by Request

8,499 sqft

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Land

0 Coleman Rd, East Lansing, MI 48823

Value Estimation by Request

17.48 AC lot

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Multifamily properties

0 Chandler Rd, East Lansing, MI 48823

Value Estimation by Request

5,760 sqft 7.31 AC lot

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Land

16850 Chadwell Rd, East Lansing, MI 48823

Value Estimation by Request

10.87 AC lot

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East Lansing, MI Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in East Lansing, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 102,389 square feet of properties for sale, with an estimated market value of $22,066,900.

Sale prices for residential income properties in East Lansing, MI start at $289,900, averaging $5,516,725, and reaching up to $21,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 63K

Population Growth (5Y) -8.2%

Median Household Income $50,837

College Educated 39.1%

High-Yield Neighborhoods for Investment

Identify East Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48823	$4.5M

Taxes & Financing

Tax Rate (average for all types) 6.03%

Property Tax per SF $82.00 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ingham County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in East Lansing fall within the 100,000+ square foot range.

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