341/343 Bailey Street, East Lansing, MI 48823

Local realty services provided by:ERA Reardon Realty
341/343 Bailey Street,East Lansing, MI 48823
$550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:megan busque
Office:re/max real estate professionals
MLS#:291658
Source:MI_GLAR

Price summary

  • Price:$550,000

About this home

Prime Investment Opportunity in Downtown East Lansing - 341/343 Bailey StreetLocated in the heart of downtown East Lansing, this rare ten-bedroom duplex offers unbeatable proximity to Michigan State University, dining, shopping, and entertainment. Each side of the duplex is licensed as a Class IV rental, allowing up to 3 unrelated occupants or a family per unit—strictly enforced by the City of East Lansing.This property has proven to be a consistent and reliable rental for the past 20+ years, with strong tenant demand year-round. Both units are fully leased through July 31, 2027, ensuring immediate cash flow for investors.Whether you're looking for a future place to call home or to expand your portfolio - 341/343 Bailey is the opportunity you've been waiting for.

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Home facts

  • Year built:1975
  • Listing ID #:291658
  • Added:1 day(s) ago
  • Updated:October 02, 2025 at 03:57 PM

Heating and cooling

  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1975
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000

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