1549 Mount Vernon Avenue East Lansing, MI $ 450,000
1549 Mount Vernon Avenue
$ 450,000
Recently Listed
Open House 5/3 1pm - 3pm
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1549 Mount Vernon Avenue

East Lansing, MI, 48823
$ 450,000
Baths4.0

Monthly Estimate*

$ 2,771

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Studio

Multi-Family Home for sale in East Lansing, MI

for $450,000 with 4 full baths. This home was built in 1970 on a lot size of 0.3.

Prime investment property in East Lansing! This rare find with a Class IV Rental License offers two mirrored side-by-side units. Each unit boasts three bedrooms, a flex room - perfect for a game room or office, living rooms on each level, two full bathrooms AND in-unit laundry. The southern exposure provides a flood of natural light in the living rooms. Both units have been thoughtfully updated: Unit 1549 offers a new water heater (2025), new flooring in the lower level living room and fresh paint throughout; Unit 1551 has new HVAC (2024), new A/C (2025), all new LG appliances, new LVP flooring and paint throughout, and new bathroom vanities. The walk out lower level provides access to the sprawling backyard. The carport allows for covered parking for 2 cars per unit, and there is additional parking for 2 more cars per unit, for a total of 8 parking spaces. Minutes from MSU and downtown East Lansing! Add this one to your portfolio!

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Open House

5/3/2026 1:00 PM - 3:00 PM
1549 Mount Vernon Avenue East Lansing, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3

Year Built

1970

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

295520

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Shingle
Construction Materials Vinyl Siding
Year Built 1970
Township East Lansing City
Levels Bi-Level
Property Subtype Duplex
Tax Year 2025
County Ingham
Property Type Resid/Multi-Family
Attached Garage false
Subdivision Name Grandview
Garage Y/N N
Status Active
Directions MOUNT VERNON AVE BETWEEN HAGADORN RD AND JOHN R ST
City East Lansing
Senior Community Y/N N
High School District East Lansing
Zoning Description Zoning
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 13068
Carport Spaces 4
Carport Y/N N
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 165963
Legal Description S 1/2 OF LOT 14 EXC E 12.5 FT THEREOF GRANDVIEW SUB FOR 2022: LEGAL DESCRIPTION CORRECTED
New Construction None
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 3168
Laundry Features In Unit Lower Level
Total Baths 4
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Exterior
Parking Features Carport Covered Driveway Paved
Water Source Public
Total Parking 6
Lot Size Area 0.3
Spa N
Lot Dimensions 70x187
Lot Size Acres 0.3
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1549
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* Excluded Features
List By
Elizabeth (Betsy) A Acker

Listing Agent

Exit Realty Home Partners

Broker

betsy@exithomepartners.com

Email

Affordability Calculator

$2,771
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$450,000 Listed Price

Map


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1549 Mount Vernon Avenue, East Lansing, MI, 48823 is a Multi-Family Home for sale at $450,000 with a lot size of 0.3. 1549 Mount Vernon Avenue is a studio with 4.0 baths and was built in 1970. The property's zip code is 48823 which is in East Lansing, MI