1038 Marigold Avenue East Lansing, MI $ 345,000
1038 Marigold Avenue
$ 345,000
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1038 Marigold Avenue

East Lansing, MI, 48823
$ 345,000
Bedrooms5 Baths2.0 Sq 1,221

Monthly Estimate*

$ 2,178

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Single Family Home for sale in East Lansing, MI

for $345,000 with 5 bedrooms and 2 full baths. This 1,221 square foot home was built in 1948 on a lot size of 0.28.

Steps from Breslin \ Class IV Licensed Five Bedrooms Leased Through August 2027 A well-positioned income property in one of East Lansing's most reliably leased corridors -- a five-minute walk southwest of the Breslin Center, placing occupants within easy reach of campus, arena events, and the Grand River corridor. The residence is licensed Class IV for five unrelated occupants, with all five bedrooms situated above grade -- a meaningful distinction that speaks to both compliance and livability. Two full baths serve the home, and dual driveways deliver the kind of parking capacity that proves its worth on game days and eases the practical friction of a full house.The property is currently leased through August 2027, delivering immediate income during the transition of ownership and vacant possession thereafter ??? timing that suits a buyer acquiring the home for a student occupant beginning the fall 2027 term, with a year of rental income in the interim. The exterior has been maintained with an eye toward long-term durability: vinyl siding, Andersen windows, and a newer roof combine to reduce the deferred-maintenance burden that so often accompanies properties in this market. A detached one-car garage offers additional storage or a secured parking space. Behind the home, an expansive and partially fenced backyard provides genuine outdoor space ??? an amenity rarely found this close to campus, and one that distinguishes the property in a competitive leasing field. For the investor or family-purchasing buyer seeking a proven configuration in a location that leases itself, this is a compelling opportunity. Call for your private tour.

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Single Family Active

Price

$ 345,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 5,256

Style

SingleFamilyResidence

Lot Size

0.28

Year Built

1948

Town/City

East Lansing

County/Region

Ingham

MLS | Web ID

630000298453

Features
General
Sewer PublicSewer
Heating HotWater
Appliances Refrigerator
Construction Materials VinylSiding
Year Built 1948
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
Tax Year 2025
County Ingham
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions Harrison to Marigold
City EastLansingCity_Ingham
Disclosures LeadBasedPaint
Senior Community Y/N N
High School District EastLansing
Zoning Description Residential
MLS Area Area11013EastLansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5256.0
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
Tax Assessed Value 72451
Legal Description LOT 14 LILAC LAWN FARM
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1221.0
Half Baths 0
Laundry Features None
Total Bedrooms 5
Below Grade Finished Area 0.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features Detached Garage
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 66x183
Lot Size Acres 0.28
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 1038
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* Excluded Features
List By
Rob Buffington

Listing Agent

White Pine Sotheby's International Realty

Broker

(517) 300-3637

Phone

Affordability Calculator

$2,616
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,178
Monthly Property Taxes
$438
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
8/13/2026$345,000 Listed Price

Map


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1038 Marigold Avenue, East Lansing, MI, 48823 is a Single Family Home for sale at $345,000 with 1,221 sqft and a lot size of 0.28. 1038 Marigold Avenue has 5 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 48823 which is in East Lansing, MI