BEDS0
BATHS
MLS#26024752
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHaslett
Property Description
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 opportunity for investors, multi-generational living, or long-term portfolio growth. Conveniently located near shopping, highways, dining, and Michigan State University. - 48 Hour Notice Required For Showing
Property Features
Property Type: Multi Unit - Multiple
Basement: Slab
Cooling: Central Air
Heating: Forced Air
Lot Size: 1.61 Acres
Taxes: $14,300
Year Built: 1940
Feature Descriptions
Exterior: Vinyl Siding
Laundry: In Basement
Lot Dimensions: 1.61
Owner Pays: None
Parcel Number: 33-02-02-03-101-001
Parking Total: 4
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Gas
Units: 2
Utilities: Electricity Connected
Water: Well
Local Schools
School District: Haslett
Listed By / Shown By
Listed By
Agency Name: 616 Realty LLC
Agent Name: Jer-Waun Kirkland
Agency Phone: 616-272-3707
Shown By
Agent Name: Danielle Strickler
Agent Phone: (419) 290-9674
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/27/2026. |
Estimate Your Payment
Estimated Payment
$ 3,834.20 per month $2,511.58 Principal & Interest $1,191.67 Property Tax $130.96 Homeowner's Insurance
1954-1964 E Saginaw Street | MLS# 26024752
This multi-family property located at 1954-1964 E Saginaw Street, East Lansing, MI 48823 is currently listed for sale with an asking price of $449,000. 1954-1964 E Saginaw Street is located within the Haslett school district. Search East Lansing real estate on www.danielle-realty.com today.