Class IV rental licenses with City of East Lansing. Investment Opportunity - Buy all 4 homes including 17 licenses for $1,090.000 or purchase them separately. 1008 W. Grand River @ $235,000 ($58,750 per license), 906 Michigan @ $290,000 ($72,500 per license), 1536 Snyder @ $220,000 ($55,000 per license) and 1063 Marigold @ 350,000 ($70,000 per license). 4 homes with 17 licenses in prime locations near MSU. All properties are licensed & leased through August 2023. Seller is related to listing agents.
Single-familyProperty Type
1946Year Built
5,227 sq ftLot Size
$216Est. Price/Sq.Ft.
Listed by The Miller Group• Berkshire Hathaway HomeServices
Bought with Christina Moore• Coldwell Banker Professionals -Okemos
Source:Greater Lansing AoR #263141
Redfin Estimate
$284,907
$4,907 since sold in June 2026$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.6% lower than the average sale price ($312K) of 6 comparable homes.
Class IV rental licenses with City of East Lansing. Investment Opportunity - Buy all 4 homes including 17 licenses for $1,090.000 or purchase them separately. 1008 W. Grand River @ $235,000 ($58,750 per license), 906 Michigan @ $290,000 ($72,500 per license), 1536 Snyder @ $220,000 ($55,000 per license) and 1063 Marigold @ 350,000 ($70,000 per license). 4 homes with 17 licenses in prime locations near MSU. All properties are licensed & leased through August 2023. Seller is related to listing agents.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R2
Medium Density Single-Family Residential District
The purpose of the R-2 district is to establish and preserve quiet, single-family home neighborhoods, particularly in older subdivisions with smaller platted lots, as desired by large numbers of people, free from other uses, except those which are both compatible with and convenient to the residents of such a district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Property details
Interior
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Building Style Type: Ranch
Exterior Wall: Block
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Property Information
Subdivision Name: COUNTY/INGHAM
Living Sq. Ft: 1,321
Ground Floor Sq. Ft: 1,321
Building Sq. Ft: 1,321
# of Stories: 1
Stories Type: 1
Legal Description: LOT 192 & 193 EXC E 72.5 FT ALSO E 1/2 OF VAC ALLEY AVONDALE
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,227
Legal Lot Number: 192
Municipality Name: EAST LANSING
Acres: 0.12
Depth Footage: 80
Front Footage: 62.5
Zoning Code: R2
County Use Description: RESIDENTIAL IMPROVED
State Use Description: RESIDENTIAL
Utility Information
Sewer Type: Public
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,321
Stories: 1.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1946
Year Renovated: —
County: Ingham County
APN: 33-20-02-18-218-002
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Marble School
Public PreK-5 • Assigned • 0.3mi
8/10
MacDonald Middle School
Public 6-8 • Assigned • 0.4mi
7/10
East Lansing High School
Public 9-12 • Assigned • 0.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
East Lansing, MI • 48823
Average low and high temperatures (°F)
27
15
34
19
52
31
61
40
68
47
80
60
83
65
79
60
76
54
64
44
48
35
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2.6 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$271,000 – $328,000
Reach more buyers when you sell with Redfin. Save up to $2,849 in fees.3 minutes to get started.