1071 Marigold Avenue, East Lansing, MI 48823

$320,000 Asking Price

4 beds
2 baths
1,493  sqft
Built in 1948

Discover an exceptional investment opportunity just blocks from the Breslin Center, Spartan Stadium and within walking distance to the west side of Michigan State University's campus. This spacious 4-bedroom, 2-bathroom home is perfect for those seeking a rental opportunity of both comfort and convenience. Boasting hardwood floors throughout, this residence offers a warm and inviting atmosphere. The property features a fenced yard, ideal for outdoor relaxation and gatherings. Enjoy the oversized garage with overhead storage and a screened-in porch, perfect for unwinding after a busy day. Additional highlights include numerous built-in shelves and storage solutions, providing ample space for all your needs. With a monthly rent of $2,600, yielding $31,000 annually and tenants responsible for utilities (excluding trash), this home is a rare find in a sought-after location. Property rented through August 2025.

Features & Amenities

Interior

General:
Eat-in Kitchen, Natural Woodwork, Primary Downstairs
Appliances:
Disposal, Water Heater, Washer, Refrigerator, Range, Oven, Dryer, Dishwasher
Laundry:
In Basement
Basement:
Full
Flooring:
Hardwood
A/C:
false, None
Heating:
true, Forced Air, Natural Gas

Exterior

General:
Private Yard, Rain Gutters, Storage
Style:
Cape Cod
Pool:
None
Parking:
Detached, Driveway, Garage, Garage Faces Side, Outside, Overhead Storage

Construction

Roofing:
Shingle
General:
Aluminum Siding, Two, 864.0

Location

Road/Access:
City Street
Originating MLS:
Greater Lansing Association of REALTORS®
School District:
East Lansing
County:
Ingham

Lot

Zoning:
LOT 23 LILAC LAWN FARM, 33-20-01-24-103-002
Fencing:
Back Yard
Current Use:
Primary, Investment

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Greater Lansing Association of REALTORS®

This listing courtesy of:
Keller Williams Realty Lansing-East, Morgan Meredith

About East Lansing, MI

Housing

Number of Units
24,327
Median Home Value
$225,596
Median Rent
$940

57.70% of housing units are renter occupied.

8.99% are vacant.

Commute

Car
48.46%
Public Transportation
6.02%
Walk to Work
10.99%
Work from Home
29.90%
Other
0.35%

The median travel time to work is 13 minutes.

People

Population
63,706
Median Age
28.70
Median Household Size
2.44

Education

High School
11.47%
Associate’s Degree
4.71%
Bachelor’s Degree
29.59%
Graduate Degree
36.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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