532 Ann Street East Lansing, MI 48823
4 bath / 3,160 Sq. Ft. / 10,454 Sq. Ft., 0.24 acres lot size / Other
Status: Sold
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Exceptional East Lansing Rental Investment - Licensed for 15 unrelated occupants, steps from Michigan State University and Grand River Avenue. A rare opportunity in the heart of East Lansing! Class VI Rental License with the City of East Lansing for 15 occupants 14 bedrooms, 4 full baths and is just a short walk from Michigan State University's campus and downtown East Lansing. Private parking and walk through the alley behind home right to Albert St and Grand River Avenue. Properties of this size and location rarely hit the market, making this a phenomenal investment in one of East Lansing's most sought-after areas. Currently leased through July 31, 2026, with additional interest for the following school year, this property offers excellent stability and long-term rental demand. Recent updates include new water heaters in 2025, ensuring reliable performance for years to come. Features include private parking in the back for tenants' convenience. Covered front porch large lot and charming fenced front yard. Multiple bedrooms across each level including first-floor living room, kitchen, 2 bedrooms and full bath with shower. Spacious second-floor bath with double vanities and shower stalls. 3rd level offers full studio with large living room, mini kitchen, full bath, and separate bedroom with private outside direct access. Finished basement with 3 egress windows with bedrooms plus in-unit washer and dryer. With virtually no comparable inventory in this market segment, this is a can't-miss investment opportunity for serious investors seeking strong returns and exceptional tenant demand.
property details
Type
Other
Status
Closed
County
Ingham
Year Built
1926
Sq. Ft.
1,303
Lot Size
10,454 Sq. Ft., 0.2 acres
Listing Id
291550
Courtesy Of
Katherine Keener - Berkshire Hathaway HomeServices +1 517 256 8852
List Office Phone
+1 (517) 351-3617
Subdivision
College Grove
Interior Features
Living Area Units
Sq. Ft.
Flooring
Tile
Vinyl
Carpet
Vinyl
Carpet
Appliances
Water Heater
Washer
Refrigerator
Disposal
Oven
Dishwasher
Dryer
Washer
Refrigerator
Disposal
Oven
Dishwasher
Dryer
Bathrooms Total
4
Exterior Features
Parking
Parking Lot
Private
Private
Stories
3
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Forced Air
Forced Air
Building Area Total
1,303 Sq. Ft.
Architectural Style
3+ Story
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
12/01/2025
12/01/2025
|
Sold |
$850,000
|
Greater Lansing Association of Realtors |
|
11/13/2025
11/13/2025
|
Pending |
$1,095,000
|
Greater Lansing Association of Realtors |
|
09/26/2025
09/26/2025
|
Active |
$1,095,000
|
Greater Lansing Association of Realtors |
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Market Trends
Source: Constellation1
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