1142 Lilac Avenue
East Lansing, MI, 48823 $ 270,000
Baths2.0 Sq 1,470 Monthly Estimate*
$ 1,705
Studio for $270,000 with 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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FeaturesGeneralHeating Forced Air
Cooling Central A/C
Possession At Close
Water Public Water
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 MULTIFAMILY
Type Multi-Family
Net Income 11500
Ownership Private
Municipality East Lansing
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area East Lansing (33018)
Primary City East Lansing
Directions Throwbridge rd turn left on S ahhrion thenj left on Lilac and its on the right
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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InteriorBasement Block Common Outside Entrance
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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ExteriorExterior Vinyl Siding
Exterior Amenities Fenced Yard Patio Porch
Frontage 66
Lot Size Area 0.25
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 NearbyMulti-family listings in East Lansing, MI
Average List Price $406,818
Percent of Sale Price 51%
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 |