906 E Michigan Avenue, East Lansing, MI 48823

East Lansing
Local realty services provided by:ERA Reardon Realty
906 E Michigan Avenue,East Lansing, MI 48823
$368,000
  • 4 Beds
  • 3 Baths
  • 1,440 sq. ft.
  • Single family
  • Pending
Listed by: shelby miller, the miller group
Office: berkshire hathaway homeservices
MLS#:295714
Source:MI_GLAR

Price summary

  • Price:$368,000
  • Price per sq. ft.:$170.37

About this home

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. Property Highlights: Proven Income: Currently leased for the 2026-2027 academic year (August 20, 2026 - August 12, 2027). Valuation: Priced at $92,000 per room. Prime Location: Unbeatable positioning for student housing with high demand. Owner-Friendly Terms: Tenants cover all utilities, snow removal, and leaf removal. Additional revenue streams include a $200 carpet fee, $300...

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Home facts

  • Year built:1922
  • Subdivision & Development:Chesterfield Hills
  • Listing ID #:295714
  • Added:146 day(s) ago
  • Updated:September 30, 2026 at 09:22 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:7
  • Flooring:Carpet, Combination, Hardwood, Vinyl
  • Kitchen Description:Electric Oven, Refrigerator
  • Basement Description:Daylight, Full
  • Living area:1,440 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1922
  • Building area:1,440 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Front Yard
  • Architectural Style:Traditional
  • Construction Materials:Aluminum Siding
  • Foundation Description:Block
  • Levels:Two and One Half

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$368,000
  • Price per sq. ft.:$170.37
  • Tax amount:$8,054 (2025)

Features and amenities

  • Appliances:Dryer, Electric Oven, Refrigerator
  • Laundry features:Dryer, In Basement, Inside, Lower Level
  • Amenities:Double Pane Windows, Laminate Counters, Natural Woodwork

Parking

  • Parking description:Attached, Covered, Garage, Garage Faces Side, Paved
  • Garage spaces:2

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