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$449,000
6
beds
4
baths

1954-1964 E Saginaw Street
East Lansing, Michigan 48823

Active / MLS #26024752 / Multiple Unit (2-4) / East Lansing
Listing information updated 5/29/2026 at 8:42pm
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
Exterior Type:
Vinyl Siding
Basement:
Slab
Beds Above Grade:
6
Cooling System:
Central Air
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
86 Years
Parking Spaces:
4
Water Front:
No
Square Feet:
N/A
Lot Size:
1.61 Acres
Acreage:
1.61
Tax Amount:
$14,300
Tax Year:
2025
Zip Code:
48823
City:
East Lansing
County:
Ingham
School District(s):
Haslett
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: 616 Realty LLC

Listing Office Phone: 616.272.3707

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

East Lansing, MI

East Lansing is in Ingham County, Michigan. Just east of the state capital, it has a population of nearly 50,000 people. The area is home to the Michigan State University campus....
$275,814
Average Sale Price
35
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1954-1964 E Saginaw Street, East Lansing, MI 48823
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1954-1964 E Saginaw Street, East Lansing, MI 48823 is a multiple unit (2-4) currently listed at $449,000. 1954-1964 E Saginaw Street features 6 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since May 26th, 2026 and was built in 1940.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties Michigan, LLC, d/b/a @properties Michigan and At World Properties Indiana, LLC are subsidiaries of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
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