1142 Lilac Avenue East Lansing, MI $ 270,000
1142 Lilac Avenue
$ 270,000
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1142 Lilac Avenue

East Lansing, MI, 48823
$ 270,000
Bedrooms2 Baths2.0 Sq 1,470

Monthly Estimate*

$ 1,705

1142 Lilac Avenue, East Lansing, MI 48823 - Image 1
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Multi-Family Home for sale in East Lansing, MI

for $270,000 with 2 bedrooms and 2 full baths. This 1,470 square foot home was built in 1948 on a lot size of 0.25.

Fantastic owner-occupant or investment opportunity just two blocks from Michigan State University! Nestled in a quiet, low-traffic neighborhood, this licensed two-unit property offers the perfect blend of comfortable living and income-producing potential. The main-floor owner’s unit features two bedrooms, a full bathroom, a spacious living room, a functional kitchen, and interior access to the full basement. The basement offers a partially finished area, laundry space, and ample storage. The upper-level apartment is licensed for either a family or up to two unrelated occupants, making it an ideal rental for MSU students, graduate students, faculty, or professionals. This private unit offers its own exterior entrance and features a living room, kitchen, full bathroom, and one bedroom. The upper unit also has access to the shared basement through its own private exterior entrance. Outside, you’ll appreciate the detached two-car garage, maintenance-free vinyl siding, and a large fenced backyard with a patio—perfect for relaxing, entertaining, gardening, or pets. Whether you’re looking to offset your mortgage with rental income or add a versatile property to your investment portfolio, this duplex offers exceptional potential in a prime East Lansing location just minutes from MSU, shopping, dining, parks, and everything the area has to offer.

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Multi-Family Active

Price

$ 270,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,210

Style

Cape Cod,Colonial,Duplex

Lot Size

0.25

Year Built

1948

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

20261049316

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Patio Porch
Architectural Style CapeCod Colonial Duplex
Pool Features None
Construction Materials VinylSiding
Pets Allowed Yes
Year Built 1948
Levels Two
Property Subtype MultiFamily
County Ingham
Net Operating Income 11500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LILAC LAWN FARM 1
Garage Y/N Y
Full Baths 2
Status Active
Directions Throwbridge rd turn left on S ahhrion thenj left on Lilac and its on the right
City EastLansingCity_Ingham
Disclosures LegalRentalCertified ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District EastLansing
Zoning Description Residential
Number Of Units Total 2
MLS Area Area11013EastLansing
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 3210.0
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
Occupancy Type Vacant
Tax Assessed Value 51830
Expected Active Date 2026-06-29
Legal Description LOT 85 LILAC LAWN FARM NO 1
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Interior
Basement Common Private Unfinished WalkUpAccess
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1470.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Fencing BackYard Fenced
Parking Features Garage
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 66X165
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1142
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* Excluded Features
List By
Kevin Cermak

Listing Agent

National Realty Centers, Inc

Broker

(248) 658-8445

Phone

Affordability Calculator

$1,972
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,705
Monthly Property Taxes
$268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/29/2026$270,000 Listed Price

Map


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1142 Lilac Avenue, East Lansing, MI, 48823 is a Multi-Family Home for sale at $270,000 with 1,470 sqft and a lot size of 0.25. 1142 Lilac Avenue has 2 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 48823 which is in East Lansing, MI