$449,000
1954-1964 E Saginaw Street
East Lansing, MI, 48823
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 Details
Price:
$449,000
MLS #:
26024752
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
2 to 4 Units
Listed Date:
May 26, 2026
Lot Size:
70,132 sqft / 1.61 acres (approx)
Year Built:
1940
Schools
School District:
Haslett
Interior
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Basement
Exterior
Construction Materials
Vinyl Siding
Parking Spots
4
Parking Total
4
Financial
Tax Year
2025
Taxes
$14,300
Mortgage Calculator
Map
Current real estate data for Single Family in East Lansing as of Jun 13, 2026
13
Single Family Listed
56
Avg DOM
190
Avg $ / SqFt
$356,946
Avg List Price
Community
- Address1954-1964 E Saginaw Street East Lansing MI
- CityEast Lansing
- CountyIngham
- Zip Code48823
Subdivisions in East Lansing
Similar Listings Nearby
Property Summary
- 1954-1964 E Saginaw Street East Lansing MI is a Single Family for sale in East Lansing, MI, 48823. It is listed for $449,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1940. The average price per square foot for Single Family listings in East Lansing is $190. The average listing price for Single Family in East Lansing is $356,946.

1954-1964 E Saginaw Street
East Lansing, MI

