Olive Fang-Yun Wu

1611 River Terrace, East Lansing, MI 48823

$229,000
  • 1611 River Terrace, East Lansing, MI 48823 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#294547
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRiver Terrace

Property Description

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.

1611 River Terrace | MLS# 294547

This multi-family property located at 1611 River Terrace, East Lansing, MI 48823 is currently listed for sale with an asking price of $229,000. Search East Lansing real estate on olivewu.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Forced Air, Hot Water, Natural Gas
Home Style: Ranch
Lot Size: 1.21 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1941

Feature Descriptions

Appliances: Gas Water Heater, Electric Water Heater
Exterior: Aluminum Siding
Flooring: Carpet, Hardwood, Laminate
Laundry: Common Area
Lot: Back Yard, Few Trees, Native Plants
Lot Dimensions: 175x300
Parcel #: 33-02-02-20-103-024
Parking: Circular Driveway, No Garage, Unassigned
Patio/Porch: Front Porch
Road Frontage: City Street
Road Surface: Asphalt
Sewer: Public Sewer
Units: 3
Water: Public
Waterfront: River Front

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Lansing

Shown By

Agent Name: Olive Fang-Yun Wu
Agent Phone: (419) 318-9372
Agency Title: Key Realty

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Estimated Payment

$ 1,347.75 per month $1,280.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.79 Homeowner's Insurance

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