Price Reduction
Address
906 E Michigan Avenue, East Lansing, MI
Price
$ 368,000
Property Attributes
  • MLS#295714
  • TypeSingle Family
  • Listing Status Active
  • CountyINGHAM
  • CityEast Lansing
  • AreaEast Lansing City
  • NeighborhoodChesterfield Hills
  • Zip48823
  • StyleTraditional
  • Year Built1922
  • Taxes$ 8054
  • Price$ 368,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2160
  • Lot Size0.13 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 $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.

Price History
5/6/2026 Listed $380,000
7/27/2026 3$368,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Connected,Sewer Connected,High Speed Internet Connected,High Speed Internet Available,Cable Available
Roof Shingle
Appliances Dryer,Electric Oven,Refrigerator
Garage Spaces 2.0
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1922
Electric 100 Amp Service
View Neighborhood
Township East Lansing City
Levels Two and One Half
Property Subtype Single Family Residence
Tax Year 2025
Current Use Investment
County Ingham
New Construction No
Property Type Residential
Attached Garage Yes
Subdivision Name Chesterfield Hills
Facing Direction South
Garage Y/N No
Total Rooms 7
Full Baths 2
Status Active
Directions CORNER OF MICHIGAN AVE/UNIVERSITY DRIVE
City East Lansing
Senior Community Y/N No
High School District East Lansing
Zoning Description Zoning
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 8054.85
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 68 CHESTERFIELD HILLS NO 1

Interior Features

Interior Amenities Laminate Counters,Natural Woodwork
Basement Daylight,Full
Flooring Carpet,Combination,Hardwood,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows
Above Grade Finished Area 1440.0
Half Baths 1
Laundry Features In Basement,Inside,Lower Level
Total Bedrooms 4
Below Grade Finished Area 0.0
Entry Level 1
Total Baths 3

Exterior Features

Exterior Amenities Rain Gutters
Parking Features Attached,Covered,Garage,Garage Faces Side,Paved
Lot Features Front Yard
Water Source Public
Lot Size Area 0.13
Foundation Details Block
Spa No
Building Area Total 2160.0
Lot Dimensions 25x107
Lot Size Acres 0.13
Road Surface Type Asphalt
Waterfront Y/N No
Foundation Area 720.0
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
AVG $460K
$370K
Taxes
AVG $9,013
$8,054
Year Built
AVG 1965
1922
Visits
AVG 45
3
Data Provided by Inside Real Estate®