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1954-1964 E Saginaw Street
East Lansing, MI 48823

$449,000 - Status: Active
MLS# 26024752

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 Features

MLS#: 26024752
Zip: 48823
Subdivision:
Development: Meridian Township
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Slab
Cooling: Central Air
Days on Site: 23
Heating: Forced Air
Lot Size: 1.61 acres
Taxes: $14,300
Year Built: 1940

Feature Descriptions

Exterior: Vinyl Siding
Laundry: In Basement
Lot Dimensions: 1.61
Owner Pays: None
Parcel Number: 33-02-02-03-101-001
Parking Total: 4
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Gas
Units: 2
Utilities: Electricity Connected
Water: Well

Local Schools

School District: Haslett

1954-1964 E Saginaw Street | MLS# 26024752

This multi-family property located at 1954-1964 E Saginaw Street, East Lansing, MI 48823 is currently listed for sale with an asking price of $449,000. 1954-1964 E Saginaw Street is located within the Haslett school district. Search East Lansing real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: 616 Realty LLC
Agent Name: Jer-Waun Kirkland
Agency Phone: 616-272-3707

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 06/19/2026.

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