509 Cornell Avenue, East Lansing, MI 48823

Local realty services provided by:ERA Reardon Realty
509 Cornell Avenue,East Lansing, MI 48823
$395,000
  • 7 Beds
  • 2 Baths
  • 1,920 sq. ft.
  • Single family
  • Active
Listed by:megan busque
Office:re/max real estate professionals
MLS#:291661
Source:MI_GLAR

Price summary

  • Price:$395,000
  • Price per sq. ft.:$205.73

About this home

509 Cornell Ave - Turnkey Investment in Prime East Lansing LocationLocated just minutes from Michigan State University, 509 Cornell is a proven investment property in one of East Lansing's most desirable rental markets. This spacious seven-bedroom home is currently licensed for up to 5 unrelated occupants, offering strong rental potential while complying with city regulations.With a solid history of reliable rental income and a lease secured through July 31, 2027, this property is an ideal addition to any investment portfolio. The unbeatable location ensures continued demand, making it perfect for student housing or group rentals. Don't miss this chance to own a high-performing asset in a high-demand area.

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Home facts

  • Year built:1973
  • Listing ID #:291661
  • Added:1 day(s) ago
  • Updated:October 02, 2025 at 03:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,920 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1973
  • Building area:1,920 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$205.73
  • Tax amount:$6,375 (2025)

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