Price Reduction
Address
1063 Marigold Avenue, East Lansing, MI
Price
$ 460,000
Property Attributes
- MLS#295713
- TypeSingle Family
- Listing Status Active
- CountyINGHAM
- CityEast Lansing
- AreaEast Lansing City
- NeighborhoodLilac Lawn
- Zip48823
- StyleTraditional
- Year Built1922
- Taxes$ 9328
- Price$ 460,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2456
- Lot Size0.25 Acres
Data Source:
Greater Lansing AOR (GLMLS)
Property 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 $150, cleaning fee at beginning of lease $350, 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.
| Price History | |
|---|---|
| 5/6/2026 | Listed $475,000 |
| 7/27/2026 | 3$460,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Water Connected,Sewer Connected,High Speed Internet Connected,Electricity Connected,Cable Connected |
| Roof | Shingle |
| Appliances | Disposal,Dryer,Oven,Range,Refrigerator,Washer |
| Garage Spaces | 2.0 |
| Patio/Porch Features | Covered,Deck |
| Architectural Style | Traditional |
| Security Features | Smoke Detector(s) |
| Construction Materials | Aluminum Siding,Wood Siding |
| Year Built | 1922 |
| Electric | 100 Amp Service |
| View | Neighborhood |
| Township | East Lansing City |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Investment |
| County | Ingham |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | No |
| Subdivision Name | Lilac Lawn |
| Facing Direction | North |
| Garage Y/N | No |
| Total Rooms | 11 |
| Full Baths | 2 |
| Status | Active |
| Directions | HARRISON/MARIGOLD |
| City | East Lansing |
| Senior Community Y/N | No |
| High School District | East Lansing |
| Zoning Description | Zoning |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10890.0 |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 9328.64 |
| Home Warranty Y/N | No |
| Current Financing | None |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 21 LILAC LAWN FARM |
Interior Features
| Interior Amenities | Laminate Counters |
|---|---|
| Basement | Bath/Stubbed,Block,Concrete,Egress Windows,Full |
| Flooring | Hardwood,Vinyl |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Double Pane Windows |
| Above Grade Finished Area | 1872.0 |
| Laundry Features | In Basement |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 584.0 |
| Entry Level | 1 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Detached,Garage,Garage Faces Front |
|---|---|
| Lot Features | Back Yard,Front Yard |
| Water Source | Public |
| Lot Size Area | 0.25 |
| Foundation Details | Block |
| Spa | No |
| Building Area Total | 2456.0 |
| Lot Dimensions | 66x165 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Asphalt,Concrete |
| Waterfront Y/N | No |
| Foundation Area | 584.0 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48823
Price
Taxes
Year Built
Visits
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
