1015 Marigold Avenue, East Lansing, MI 48823

$320,000 Asking Price

4 beds
1 bath
1,277  sqft
Built in 1926

Discover a rare gem and great investment opportunity just blocks from the Breslin Center, Spartan Stadium and Michigan State University. This charming 4-bedroom, 1-bathroom home is licensed for up to 4 unrelated tenants, making it a perfect choice for students or professionals seeking proximity to campus. Priced at $2,800 a month and yielding $33,000 annually, this residence offers not only convenience but also a spacious lot, providing ample outdoor space. Recent updates ensure modern comfort and efficiency, including newer siding, windows, and a new drain and septic line. The furnace was also replaced in 2020, ensuring reliable warmth during the colder months. This well-maintained property is a rare find in a prime location! Property rented through August 2026.

Features & Amenities

Interior

General:
Natural Woodwork, Pantry
Appliances:
Disposal, Water Heater, Refrigerator, Range, Oven, Dryer
Laundry:
In Basement
Basement:
Full
Flooring:
Hardwood
A/C:
false, None
Heating:
true, Forced Air, Natural Gas
Fireplace:
Wood Burning, Fireplace, Fireplaces: 1

Exterior

General:
Rain Gutters
Pool:
None
Parking:
Detached, Driveway, Garage

Construction

Roofing:
Shingle
General:
Vinyl Siding, Two, 648.0

Location

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

Lot

Zoning:
LOT 9 LILAC LAWN FARM, 33-20-01-24-103-009
Current Use:
Investment

Utilities

Utilities:
High Speed Internet Not Available
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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