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.
Listed By
Agency Name: National Realty Centers, Inc
Agency Phone: (248) 468-1444
Shown By
Agent Name: Julie Fessler
Agent Phone: (810) 227-1016 ext. 220
Agency Title: Griffith Realty
Estimated Payment
$ 679.65 per month $600.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $78.75 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1142 Lilac Avenue | MLS# 20261049329
This single family home located at 1142 Lilac Avenue, East Lansing, MI 48823 is currently listed for sale with an asking price of $270,000. This property was built in 1948 and has 3 bedrooms and 2 full baths with 1470 sq. ft. Lilac Avenue is located in the Lilac Lawn Farm 1 subdivision within the East Lansing school district. Search Lilac Lawn Farm 1 real estate on juliea.fessler.griffithrealty.com today.