Anissa Yoder

1038 Marigold Avenue, East Lansing, MI 48823

$345,000
  • 1038 Marigold Avenue, East Lansing, MI 48823 Main Photo

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Active
BEDS5 BATHS2 full SQUARE FEET1,221 MLS#298453
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Steps from Breslin | Class IV Licensed · Five Bedrooms · Leased Through August 2027 A well-positioned income property in one of East Lansings most reliably leased corridors ? a five-minute walk southwest of the Breslin Center, placing occupants within easy reach of campus, arena events, and the Grand River corridor. The residence is licensed Class IV for five unrelated occupants, with all five bedrooms situated above grade ? a meaningful distinction that speaks to both compliance and livability. Two full baths serve the home, and dual driveways deliver the kind of parking capacity that proves its worth on game days and eases the practical friction of a full house. The property is currently leased through August 2027, delivering immediate income during the transition of ownership and vacant possession thereafter ? timing that suits a buyer acquiring the home for a student occupant beginning the fall 2027 term, with a year of rental income in the interim. The exterior has been maintained with an eye toward long-term durability: vinyl siding, Andersen windows, and a newer roof combine to reduce the deferred-maintenance burden that so often accompanies properties in this market. A detached one-car garage offers additional storage or a secured parking space. Behind the home, an expansive and partially fenced backyard provides genuine outdoor space ? an amenity rarely found this close to campus, and one that distinguishes the property in a competitive leasing field. For the investor or family-purchasing buyer seeking a proven configuration in a location that leases itself, this is a compelling opportunity. Call for your private tour.

1038 Marigold Avenue | MLS# 298453

This single family home located at 1038 Marigold Avenue, East Lansing, MI 48823 is currently listed for sale with an asking price of $345,000. This property was built in 1948 and has 5 bedrooms and 2 full baths with 1221 sq. ft. Search East Lansing real estate on anissayoder.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: None
Heating: Hot Water
Lot Size: 0.28 Acres
Taxes: $5,256
Year Built: 1948

Feature Descriptions

Appliances: Refrigerator
Days on Site: 8
Exterior: Vinyl Siding
Lot Dimensions: 66x183
Parcel #: 33-20-01-24-101-021
Parking: Detached, Garage
Sewer: Public Sewer
SQFT Total: 2078
Water: Public

Room Sizes

Living Room: Level - First
Dining Room: Level - First
Kitchen: Level - First
Primary Bedroom: Level - First
Bedroom 2: Level - First
Bedroom 3: Level - Second
Bedroom 4: Level - Second
Bedroom 5: Level - Second

Listed By / Shown By

Listed By

Agency Name: White Pine Sotheby's International Realty

Shown By

Agent Name: Anissa Yoder
Agent Phone: Cell: (419) 466-7373
Agency Title: Key Realty

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Estimated Payment

$ 2,468.46 per month $1,929.83 Principal & Interest $438.00 Property Tax $100.63 Homeowner's Insurance

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