1517-1519 Cambria Drive, East Lansing, MI 48823

Local realty services provided by:ERA Reardon Realty
1517-1519 Cambria Drive,East Lansing, MI 48823
$385,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael charles korrey
Office: re/max real estate professionals
MLS#:296263
Source:MI_GLAR

Price summary

  • Price:$385,000

About this home

Exceptional investment opportunity in the heart of East Lansing. A well-maintained side-by-side duplex offering two 3-bedroom, 1.5-bath units, each with in-unit laundry and generous living space. Currently leased through July 2027, the property delivers immediate cash flow and long-term stability. Its prime location places tenants just minutes from Michigan State University, downtown dining, shopping, and public transit. Inside, open-concept living and dining areas are filled with natural light, while large kitchens boast ample cabinetry and full appliance packages. Each unit enjoys a private patio that opens to a backyard, plus driveway parking for multiple vehicles. Separate utilities simplify expense tracking, and there's plenty of value-add potential through cosmetic updates or rent optimization. A deal this solid won't last long. Schedule your private tour today and secure this high-performing asset for your portfolio!

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Home facts

  • Year built:1968
  • Listing ID #:296263
  • Added:1 day(s) ago
  • Updated:May 28, 2026 at 05:58 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Basement Description:Full

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Lot area:0.3 Acres
  • Lot Features:Back Yard, Few Trees
  • Architectural Style:Ranch
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Front Porch
  • Foundation Description:Block
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$385,000

Features and amenities

  • Appliances:Gas Water Heater
  • Laundry features:In Basement

Parking

  • Parking description:Attached, Driveway, Garage