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For sale by owner
  • $187,500

    421 W Lake Lansing Rd, East Lansing, MI 48823

    2beds
    780sqft
    : 
    SingleFamily
    Built in 1946
    0.64 Acres Lot
    $154,900 Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Fully finished attic areaFull basementWooded on two sidesLarge propertyWasher and dryer
    Beautiful 2 bedroom home on large property. 2 full bedrooms with a fully finished attic area provide ample room for tenants and potentially a guest room or office. Full basement with washer and dryer could be turned into cool tv room. Right across from multiple CATA bus stops and directly adjacent to the bike trail that leads to MSU. Great student/grad student or young professional housing. The lot provides much of the value for this property. It is a massive 3/4+ acre lot wooded on two sides. The parcel is also earmarked by the City of EL for COMMERCIAL ZONING with proper application. ALL windows replaced 2022/2023 Termite inspection and deterrent applied 2025 Unit is fully rented out to adult tenants, that may be willing to vacate and licensed for 2 with the City of EL Rentals. For sale by experienced owner, low offers will be ignored
    What the owner loves about this home
    There is excellent developmental potential. The site contains .64 acres of land and is next to B4 zoning.
    23 days
    on Zillow
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    Listed by:

    (517) 618-1264

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 780 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 0.64 Acres
    Details
    • Parcel number: 33200101404016

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1946

    Community & HOA

    Location
    • Region: East Lansing

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $64,100
    • Annual tax amount: $3,990
    • Date on market: 4/3/2025
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