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  • $229,000

    514 Spartan Ave, East Lansing, MI 48823

    --beds
    1baths
    --sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $190,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Licensed for 3. Seize this rare chance to own a fully rented duplex in the highly sought-after Bailey neighborhood of East Lansing. These units have been remodeled from top to bottom literally! With separately metered utilities, owner expenses remain low, maximizing profitability. Properties in this prime location rarely come to the market. Don't miss your opportunity to own a licensed rental just steps from downtown East Lansing! Fully rented so minimum 24hrs notice for all showings. Front unit is 1 bedroom licensed for 2, back unit is a studio licensed for one. Adding a bedroom to the front unit will increase income potential greatly.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 11:54am

    Listed by:

    Tina Hause 517-285-5749,

    Berkshire Hathaway HomeServices

    Bought with:

    Missy Lord, 6501387790

    RE/MAX Real Estate Professionals Dewitt

    Source: Greater Lansing AOR,MLS#: 286022MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Baseboard, Electric
    Cooling
    • None, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
    Features
    • Flooring: Vinyl
    • Windows: Blinds
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Finished area above ground: 640

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Gravel, Off Street, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 5,227 sqft
    • Dimensions: 40 x 135
    • Features: Back Yard
    Details
    • Parcel number: 33200218219013
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: High Speed Internet Connected, Cable Available

    Community & neighborhood

    Location
    • Region: East Lansing
    • Subdivision: Avondale

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $190,400
    2% more+ $3,808
    With Showcase(estimated)
    $194,208