1611 River Terrace, East Lansing, MI 48823

East Lansing
Local realty services provided by:ERA Reardon Realty
1611 River Terrace,East Lansing, MI 48823
$229,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher silker
Office: keller williams realty lansing
MLS#:294547
Source:MI_GLAR

Price summary

  • Price:$229,000

About this home

Well-located investment opportunity just steps from Michigan State University, yet situated in Meridian Township for more favorable rental licensing and lower property taxes. This unique multi-unit property offers strong income potential with a flexible layout. The main level features a 3-bedroom unit with a spacious living room, a full bath, and a kitchen, plus access to a large unfinished basement. A connected efficiency unit includes its own living space, kitchenette, and full bath, while the walk-out lower level offers an additional 1-bedroom unit. Set on a rare 1.3-acre parcel bordering the Red Cedar River, this property offers a compelling opportunity for investors or those looking to secure housing near campus with added flexibility and long-term value.

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Home facts

  • Year built:1941
  • Listing ID #:294547
  • Added:1 day(s) ago
  • Updated:March 19, 2026 at 06:51 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Hardwood, Laminate
  • Basement Description:Full, Walk-Out Access

Heating and cooling

  • Heating:Forced Air, Heating, Hot Water, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1941
  • Lot area:1.21 Acres
  • Lot Features:Back Yard, Few Trees, Native Plants
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding
  • Exterior Features:Front Porch
  • Foundation Description:Block
  • Levels:One

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,000

Features and amenities

  • Appliances:Electric Water Heater, Gas Water Heater
  • Laundry features:Common Area

Parking

  • Parking description:Circular Driveway, No Garage, Unassigned

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