1954-1964 E Saginaw Street
East Lansing, Michigan 48823
6
Bed
0
Bath
1.61Acres(Lot)
Rare value-add opportunity at 1954-1964 E M-78 in East Lansing featuring two fully rented homes with leases expiring in August, giving flexibility for an owner-occupant or investor alike. Live in one home and rent out the other to help offset your mortgage while still benefiting from future development potential. Situated on a 1.61-acre parcel in the desirable Haslett School District with an impressive 555.24 feet of frontage on E M-78, this income-producing property offers strong cash flow today with major upside tomorrow. The seller has already received township approval for an additional structure with up to 5 more units, creating exceptional expansion and rental income potential. One home was custom built in 2022 while the second has been extensively updated, making this a rare opportu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas
-
Building Information
Year Built: 1940 Total Units: 2 -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Well (Existing)
-
Lot Information
Lot Size: 1.61 Lot Dimensions: 1.61 Frontage Feet: 555 -
Property Information
Financing: Cash,Conventional
-
Listing Price Information
Original List Price: $449,000 -
Listing Information
Possession: Negotiable Legal Description: M3-7 THAT PT OF NW FRL 1/4 OF NW FRL 1/4 LYING NW OF M-78 HWY, SEC 3, T4NR1W 3A.
-
Tax Information
Annual Tax: $14,300 Parcel Number: 33020203101001Possession
NegotiableLegal Information
Legal Description: Section: M3-7 THAT PT OF NW FRL 1/4 OF NW FRL 1/4 LYING NW OF M-78 HWY, SEC 3, T4NR1W 3A.
-
Unit 3 Information
# of Bedrooms: 2
-
School Information
School District: Haslett -
Utility Information
Water: Well (Existing) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 06/21/2026 @ 11:45
More Cities with for Sale by Owner Homes
- East Lansing Homes For Sale By Owner
- Haslett Homes For Sale By Owner
- Okemos Homes For Sale By Owner
- Lansing Homes For Sale By Owner
- Bath Homes For Sale By Owner
- Holt Homes For Sale By Owner
- Dewitt Homes For Sale By Owner
- Williamston Homes For Sale By Owner
- Dimondale Homes For Sale By Owner
- Mason Homes For Sale By Owner
- Laingsburg Homes For Sale By Owner
- Perry Homes For Sale By Owner
- Grand Ledge Homes For Sale By Owner
- Potterville Homes For Sale By Owner
- Eagle Homes For Sale By Owner
- Webberville Homes For Sale By Owner
- Dansville Homes For Sale By Owner
- Morrice Homes For Sale By Owner
- Ovid Homes For Sale By Owner
- Eaton Rapids Homes For Sale By Owner
Homes around $435,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.