1142 Lilac Avenue
East Lansing, MI, 48823 $ 270,000
Bedrooms3 Baths2.0 Sq 1,470 Monthly Estimate*
$ 1,705
for $270,000 with 3 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. Looking for a single-family home instead? This versatile property can easily function as a spacious personal residence with three bedrooms - two on the main level and one upstairs - with the potential to create a fourth bedroom in the upper level, if desired. Whether you choose to maintain the income-producing duplex configuration or convert it into a larger single-family home, the flexible layout provides options to fit your needs. 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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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Cooling Central A/C
Possession At Close
Fireplaces LivRoom Fireplace Natural Fireplace
Garage Detached Garage Gar Door Opener
Water Public Water
Appliances Dishwasher Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1948
Subdivision Lilac Lawn Farm 1 MI
Style Cape Cod Colonial
County Ingham
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality East Lansing
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area East Lansing (33018)
Primary City East Lansing
Directions Thrwobridge to Harrionon to Lilac
City East Lansing
School District East Lansing School District
Financial Terms Cash Conventional FHA VA
Legal Description LOT 85 LILAC LAWN FARM NO 1
DOM 1
Postal Code 48823
Price Per Sq Ft Total AG 183.67
Public Remarks Fantastic owner-occupant or investment opportunity just two blocks from Michigan State University! Nestled in a quiet low-traffic neighborhood
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InteriorDining Room Level Entry
Basement Outside Entrance Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Second
Beds 3
Fireplace? Yes
Total Rooms 10
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ExteriorExterior Vinyl Siding
Exterior Amenities Fenced Yard Patio
Frontage 66
Lot Size Area 0.25
Pool (Y/N) No
Lot Dimensions 66X165
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByKevin CermakListing Agent
National Realty Centers, IncBroker
SoldByCermak@gmail.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in East Lansing, MI
Average List Price $435,491
Percent of Sale Price 61%
About East Lansing, MI 48,847 Population
2% Since 2002
$ 40,729 Median Income
21.34 Median Age
12% Households with Children
Trends Information provided by ATTOM Data Solutions.
2515048 Elementary School
2515003 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $270,000 | | Listed Price |