906 E Michigan Avenue, East Lansing, MI 48823
Chesterfield Hills · Ingham County
Key Facts
Description
Class IV rental license with the City of East Lansing being offered at $95,000 per room. Currently rented with a new lease beginning August 20, 2026-August 12, 2027. There is a limited amount of rental licenses in East Lansing that makes this a valuable investment and location is PRIME to the West side of CAMPUS. Tenants pay all utilities, snow removal, leaf removal, carpet fee at beginning of lease $200, cleaning fee at beginning of lease $300, washer/dryer rental for $20 per month. Owner is in charge of lawn care, taxes and insurance. Showings are by appointment only. Realtor is related to the Seller.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1922
Living Area
2,160 sq ft
Lot Size
0.13 acres
Lot Dimensions
25x107
Garage Spaces
2
Days on Market
62
MLS® Listing#
295714
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Foundation
Roof
Windows
Security
Utilities
Sewer
Water Source
Rooms
Financial Details
Annual Taxes
$8,055
Tax year 2025
Parcel Number
33-20-01-13-125-020
Directions
CORNER OF MICHIGAN AVE/UNIVERSITY DRIVE
Affordability Calculator
$76,000
Estimated monthly payment
$2,023/mo
Principal $304,000 · Est. interest $424,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Lansing, MI
- 48
- Median Days on Market
- 1,419
- Median Sq Ft
- $137
- Median Price / Sq Ft
- 776
- Active Listings
- Its price per sq ft is 28% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Lansing, MI.
Location
Points of Interest in East Lansing, MI
Showing the East Lansing area map.
Nearby Schools
Glencairn Elementary School
Elementary · 0.6 mi away
Greater Lansing Islamic School
School · 0.7 mi away
Douglas J Aveda Institute
Secondary · 0.8 mi away
Red Cedar Elementary School
Elementary · 0.8 mi away
Abbott Nursery School
Elementary · 0.9 mi away
Infrastructure Planning
School · 1.0 mi away
East Lansing High School
Secondary · 1.0 mi away
Aspiring Educators of Mea
School · 1.2 mi away
St. Thomas Aquinas Parish School
School · 1.3 mi away
Pinecrest School
School · 1.4 mi away
Robert L. Green Community Council
School · 1.4 mi away
Lansing School District
School · 1.5 mi away
Eastern High School
Secondary · 1.5 mi away
Pattengill Middle School
School · 1.5 mi away
Stepping Stones Montessori School
Elementary · 1.6 mi away
Resurrection School
School · 1.7 mi away
Marble Elementary School
Elementary · 1.7 mi away
Eastminster Child Development Center
School · 1.7 mi away
Whitehills Elementary School
Elementary · 1.7 mi away
Lansing Catholic High School
Secondary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4828 Ingham Street, Lansing, MI | $268,000 | 5 | 4 | 3,100 |
| 805 Dryer Farm Road, Lansing, MI | $274,900 | 4 | 2 | 2,431 |
| 6515 Brook Trail, Lansing, MI | $275,000 | 3 | 2 | 2,313 |
| 1047 Coolidge Road, Lansing City, MI | $275,000 | 4 | 3 | 2,644 |
| 516 Locke Street, East Tawas, MI | $279,000 | 3 | 2 | 1,392 |
| 1609 Gilcrest Avenue, East Lansing City, MI | $279,700 | 4 | 1 | 1,225 |
Moving Cost Estimate
EXIT Agents in East Lansing
Listing Courtesy: Berkshire Hathaway HomeServices - 5173513617
Presented by: Shelby Miller