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For sale
  • $225,000

    120-122 E Elm St, Lansing, MI 48910

    2beds
    4baths
    --sqft
    : 
    MultiFamily
    Built in 1925
    -- sqft lot
    $215,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    INCREDIBLE INVESTMENT OPPORTUNITY in the heart of REO Town! Don't miss your chance to add this fully occupied 4-unit, 2-story home to your portfolio! This charming craftsman era home consists of two 1-bedroom and 2-studio apartments. Covered back porch and fenced back yard shared between lower units. Two attached 10' x 18' storage sheds. This home offers separate gas meters and furnaces for each unit, as well as two electric meters and two water meters. Full tearoff & new roof - 2021. City of Lansing Rental Certificate renewed through 6/1/2026. Located just moments from all the shops and amenities of REO Town and the Lansing River Trail. Quick I-496 access for easy commuting. Minutes from downtown and MSU.
    39 days
    on Zillow
    |
    402
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 01:17pm

    Listed by:

    Jonathan Lum 517-798-6264,

    EXIT Realty Home Partners 517-803-2345,

    HPR Team,

    EXIT Realty Home Partners

    Source: Greater Lansing AOR,MLS#: 287946MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 120-122 E Elm St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Flooring: Combination, Tile, Vinyl, Wood
    • Windows: Wood Frames
    • Basement: Block,Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 2,048

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Rear Porch
    • Exterior features: Private Yard, Rain Gutters
    • Fencing: Fenced,Wood
    Lot
    • Size: 2,178 Square Feet
    • Dimensions: 53.5 x 44
    • Features: Back Yard, City Lot, Level
    Details
    • Parcel number: 33010121257175
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Sparrows
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $62,895
    • Date on market: 5/18/2025
    • Listing terms: Cash,Conventional
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