Don't miss this rare opportunity to own a high performing investment property in the heart of East Lansing, just steps from MSU and downtown. This updated class 4 licensed home is approved for FIVE OCCUPANTS and currently generates a strong monthly rent of $3,750. Featuring five spacious bedrooms and two full baths, the home is thoughtfully maintained and includes significant updates throughout including plumbing, electrical, structural improvements/updating, a newer roof, updated kitchen with modern cabinets, appliances, renovated bathrooms, newer furnace and more.
Hardwood and tile flooring offer durability and easy maintenance and parking for five vehicles adds to its rental appeal. Located within walking distance to MSU, the East Lansing Farmers Market, and all of the amenities of downtown, this property is a turnkey income producer in one of the most desirable rental markets in the area.
Sold
$420,000
645 Evergreen Ave, East Lansing, MI 48823
5beds
1,248sqft
Single Family Residence
Built in 1922
4,791.6 Square Feet Lot
$420,200 Zestimate®
$337/sqft
$1,847 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 07:48am
Listed by:
Constance Benca 517-749-3116,
Coldwell Banker Professionals-E.L.
Bought with:
Rob Buffington, 6506044394
White Pine Sotheby's International Realty
Source: Greater Lansing AOR,MLS#: 287823

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 148.74 Square Feet
- Dimensions: 13.4 x 11.1
Bedroom 2
- Level: First
- Area: 205.32 Square Feet
- Dimensions: 23.6 x 8.7
Bedroom 3
- Level: Second
- Area: 152.88 Square Feet
- Dimensions: 14.7 x 10.4
Bedroom 4
- Level: Second
- Area: 172.5 Square Feet
- Dimensions: 15 x 11.5
Bedroom 5
- Level: Second
- Area: 142.8 Square Feet
- Dimensions: 11.9 x 12
Bathroom 1
- Level: Second
- Area: 50.05 Square Feet
- Dimensions: 9.1 x 5.5
Bathroom 2
- Level: Basement
- Area: 49.58 Square Feet
- Dimensions: 7.4 x 6.7
Dining room
- Level: First
- Area: 73.81 Square Feet
- Dimensions: 6.1 x 12.1
Kitchen
- Level: First
- Area: 161.04 Square Feet
- Dimensions: 13.2 x 12.2
Laundry
- Level: Basement
- Area: 56.42 Square Feet
- Dimensions: 9.1 x 6.2
Living room
- Level: First
- Area: 158.63 Square Feet
- Dimensions: 13.11 x 12.1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Water Heater, Microwave, Refrigerator, Gas Range, Dishwasher
- Laundry: In Basement
Features
- High Ceilings
- Flooring: Hardwood, Tile, Vinyl
- Windows: ENERGY STAR Qualified Windows
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,477
- Total interior livable area: 1,248 sqft
- Finished area above ground: 1,248
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Outside, Oversized, Paved, Side By Side
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Has view: Yes
- View description: None
Lot
- Size: 4,791 sqft
- Dimensions: 59.43 x 82.09
- Features: Back Yard, City Lot, Near Public Transit, Corner Lot
Details
- Foundation area: 624
- Parcel number: 33200113215003
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected, Sewer Connected, Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: East Lansing
- Subdivision: Elmdale
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Services availability

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$420,200
2% more+ $8,404
With Zillow Showcase(estimated)
$428,604