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$409,000

  • For Sale
  • Active
  • Single Family
  • Updated 5 days ago
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Rare value-add opportunity at 1954-1964 E M-78 in East Lansing featuring two fully rented homes with leases expiring in August, giving flexibility for an owner-occupant or investor alike. Live in one home and rent out the other to help offset your mortgage while still benefiting from future development potential. Situated on a 1.61-acre parcel in the desirable Haslett School District with an impressive 555.24 feet of frontage on E M-78, this income-producing property offers strong cash flow today with major upside tomorrow. The seller has already received township approval for an additional structure with up to 5 more units, creating exceptional expansion and rental income potential. One home was custom built in 2022 while the second has been extensively updated, making this a rare opportunity for investors, multi-generational living, or long-term portfolio growth. Conveniently located near shopping, highways, dining, and Michigan State University. - 48 Hour Notice Required For Showing

Full Property Details for 1954 E M 78

General

  • Price: $409,000
  • Taxes: $14,300
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26024752
  • Updated: 7/27/2026
  • Added to Site: 67 day(s) ago

Rooms

Other Rooms

  • Laundry: In Basement

Parking

  • Total Spaces: 4

Location

  • County: Ingham
  • Cross Streets: Marsh Rd

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Well
  • Well: Yes
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 2
  • Construction: Vinyl Siding
  • Basement: Yes
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 1.61
  • Lot Size (Sq. Ft.): 70,132
  • Lot Dimensions: 1.61
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $14,300
  • Terms: Cash, Conventional
  • Landlord Pays: None
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Legal Description: M3-7 THAT PT OF NW FRL 1/4 OF NW FRL 1/4 LYING NW OF M-78 HWY, SEC 3, T4NR1W 3A.
  • Property ID: 33-02-02-03-101-001

Listed by 616 Realty LLC, Jer-Waun Kirkland

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Listing agent

— 1954 E M 78 —

  • Jer-Waun Kirkland

    616 Realty LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1954 E M 78

School District:Haslett Public Schools
NameGradesDistance
Murphy Elementary School, Meridian charter Township, MI
1875 Lake Lansing Rd, Meridian charter Township, MI 48840
2-51.1 mi
Wilkshire School
5750 Academic Way, Meridian charter Township, MI 48840
PK-12.2 mi
Haslett Middle School
1535 Franklin St, Meridian charter Township, MI 48840
6-82 mi
Haslett High School
5450 Marsh Rd, Meridian charter Township, MI 48840
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1954 E M 78 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Price Reduced
$409,000
-5.98%
MLS
6/19/2026
Price Reduced
$435,000
-3.12%
MLS
5/26/2026
Listed
$449,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by 616 Realty LLC, Jer-Waun Kirkland

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1954-1964 E Saginaw Highway, East Lansing, MI 48823 (MLS# 26024752) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1954-1964 E Saginaw Highway is currently listed for $409,000 and was received on May 26, 2026. Want to learn more about 1954-1964 E Saginaw Highway? Do you have questions about finding other Single Family real estate for sale in East Lansing? You can browse all East Lansing real estate or contact a Coldwell Banker agent to request more information.

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