MI
Ingham
East Lansing
48823
1038 Marigold Avenue
1038 Marigold Avenue, East Lansing, MI 48823
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Listing Type
Single Family
Listing Status
Active
25
$345,000

Home Details for 1038 Marigold Avenue

Price
$345,000
Type
Residential
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Square feet
1221
Year built
1948
Lot size acres
0.28
County
Ingham
Total rooms
7
Basement
Full
Days on site
2
MLS Listing#
298453
Property Description

Steps from Breslin | Class IV Licensed · Five Bedrooms · Leased Through August 2027 A well-positioned income property in one of East Lansing's most reliably leased corridors — a five-minute walk southwest of the Breslin Center, placing occupants within easy reach of campus, arena events, and the Grand River corridor. The residence is licensed Class IV for five unrelated occupants, with all five bedrooms situated above grade — a meaningful distinction that speaks to both compliance and livability. Two full baths serve the home, and dual driveways deliver the kind of parking capacity that proves its worth on game days and eases the practical friction of a full house. The property is currently leased through August 2027, delivering immediate income during the transition of ownership and vacant possession thereafter — timing that suits a buyer acquiring the home for a student occupant beginning the fall 2027 term, with a year of rental income in the interim. The exterior has been maintained with an eye toward long-term durability: vinyl siding, Andersen windows, and a newer roof combine to reduce the deferred-maintenance burden that so often accompanies properties in this market. A detached one-car garage offers additional storage or a secured parking space. Behind the home, an expansive and partially fenced backyard provides genuine outdoor space — an amenity rarely found this close to campus, and one that distinguishes the property in a competitive leasing field. For the investor or family-purchasing buyer seeking a proven configuration in a location that leases itself, this is a compelling opportunity. Call for your private tour.

Property Features
  • Parking
    • Detached
    • Garage
  • Cooling Information
    • None
  • Heating Information
    • Hot Water
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: White Pine Sotheby's International Realty - 517-777-8224
Presented by: Rob Buffington
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Greater Lansing Association of REALTORS®. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 Greater Lansing Association of REALTORS®. All Rights Reserved.
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EXIT REALTY HOME PARTNERS
1000 S. Washington Ave Suite 104, Lansing, MI 48910
Office
517 803 2345
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