645 Evergreen Avenue, East Lansing, MI 48823

$420,000
5
BD
2
BA
1,248
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$420,000
List Price
$390,000
Status
CLOSED
Days on Market
0
Closing Date
Jun 04, 2025
MLS#
287823
Style
Traditional
Year Built
1922
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
1,248
Lot Size
4,791
Acres
0.11
Subdivision
Elmdale

Property Description

Don't miss this rare opportunity to own a high performing investment property in the heart of East Lansing, just steps from MSU and downtown. This updated class 4 licensed home is approved for FIVE OCCUPANTS and currently generates a strong monthly rent of $3,750. Featuring five spacious bedrooms and two full baths, the home is thoughtfully maintained and includes significant updates throughout including plumbing, electrical, structural improvements/updating, a newer roof, updated kitchen with modern cabinets, appliances, renovated bathrooms, newer furnace and more. Hardwood and tile flooring offer durability and easy maintenance and parking for five vehicles adds to its rental appeal. Located within walking distance to MSU, the East Lansing Farmers Market, and all of the amenities of downtown, this property is a turnkey income producer in one of the most desirable rental markets in the area.

Additional Information

Interior Features
High Ceilings
Exterior Features
Rain Gutters
Taxes
$5,049
Property Description
Traditional
Appliances
Microwave, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Water Heater
Heating
Forced Air, Natural Gas
Air Conditioning
Central Air
Exterior Features
Aluminum Siding
Levels
Two
Garage
Driveway, Outside, Oversized, Paved, Side By Side
School District
East Lansing

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Constance Benca (connie.benca@cbpmichigan.com) from Listing Office: Coldwell Banker Professionals-E.L..

Listing courtesy of Constance Benca from Coldwell Banker Professionals-E.L.


©2026, Greater Lansing Association of Realtors. All rights reserved. Information is for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than our company are marked with the BR logo and detailed information about them includes the name of the listing brokers. Data is deemed reliable but is not guaranteed accurate by the GLAR MLS. Information last updated on