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
Baths0.0 Sq 3,168

Monthly Estimate*

$ 2,771

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Studio

Multi-Family Home for sale in East Lansing, MI

for $450,000. This 3,168 square foot 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 isadditional 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

Property Type

Multi-Family

Taxes

$ 13,082

Style

ResidentialIncome

Lot Size

0.3

Year Built

1970

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

630000295520

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Shingle
Construction Materials VinylSiding
Year Built 1970
Levels BiLevel
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name GRANDVIEW
Garage Y/N N
Status Active
Directions MOUNT VERNON AVE BETWEEN HAGADORN RD AND JOHN R ST
City EastLansingCity_Ingham
Senior Community Y/N N
High School District EastLansing
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area11013EastLansing
Carport Spaces 4.0
Carport Y/N Y
Land Lease Y/N N
Tax Annual Amount 13082.27
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels 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
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3168.0
Laundry Features InUnit LowerLevel
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features Covered Driveway Paved Carport
Water Source Public
Total Parking 6.0
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

(269) 838-5753

Phone

Affordability Calculator

$3,861
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$1,090
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
4909359 Elementary School
4909689 Middle School
Unknown High School High 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 3,168 sqft and a lot size of 0.3. 1549 Mount Vernon Avenue is a studio with 0.0 baths and was built in 1970. The property's zip code is 48823 which is in East Lansing, MI