1071 Lilac Avenue, East Lansing, MI 48823
- $349,900
- 4
- BD
- 2
- BA
- 1,128
- SqFt
- List Price
- $349,900
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 0
- MLS#
- 297319
- Style
- Cape Cod
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,128
- Lot Size
- 10,890
- Acres
- 0.25
- Subdivision
- Lilac Lawn
Property Description
Welcome to 1071 Lilac Ave in East Lansing, a beautifully maintained 4-bedroom, 2-bath Cape Cod located in the desirable Flowerpot Neighborhood. Licensed for a family or up to four unrelated occupants, this property is an excellent opportunity for both homeowners and investors. Currently leased for $2,900 per month through August 2027, it offers immediate rental income in a prime location close to Michigan State University, an elementary school, shopping, and major highways. This well-cared-for home features beautiful hardwood floors and a functional layout with two bedrooms and a full bath on the main level, along with the living room, kitchen, and dining area. Upstairs, you'll find two additional bedrooms, a second full bath, and the convenience of second-floor laundry. Recent updates include a new sewer line and driveway (2018), fresh exterior paint (2020), a new furnace (2021), a new shed (2023), plus newer washer, dryer, and dishwasher. Situated on a double lot, the property also offers the potential to split the second parcel and build an additional home, subject to East Lansing approval, creating an outstanding opportunity for future development or added value. Whether you're looking for a turnkey investment or a well-maintained home with exceptional potential, this property offers a rare combination of location, flexibility, and long-term opportunity.
/t.realgeeks.media/resize/460x/https://u.realgeeks.media/akerandcosellsmichigan%252FA_C_Real_Estate_YARD_SIGN-removebg-preview.png)
Additional Information
- Interior Features
- Entrance Foyer, Ceiling Fan(s), Primary Downstairs, Built-in Features, Natural Woodwork, Open Floorplan
- Exterior Features
- Dog Run
- Taxes
- $6,581
- Property Description
- Cape Cod
- Appliances
- Refrigerator, Dishwasher, Oven, Range Hood, Washer/Dryer Stacked, Water Heater
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Central Air
- Exterior Features
- Wood Siding
- Levels
- Two
- School District
- East Lansing
Mortgage Calculator
Listing courtesy of Listing Agent: Morgan Meredith (morganmeredith@kw.com) from Listing Office: Keller Williams Realty Lansing.
©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