For Sale
906 E Michigan Avenue, East Lansing, MI 48823
$380,000
MLS # 295714 (Greater Lansing Association of REALTORS®)
4 beds2 bathsBuilt 19220.13 acres
1 / 25
Listing Description
Class IV rental license with the City of East Lansing being offered at $95,000 per room. Currently rented with a new lease beginning August 20, 2026-August 12, 2027. There is a limited amount of rental licenses in East Lansing that makes this a valuable investment and location is PRIME to the West side of CAMPUS. Tenants pay all utilities, snow removal, leaf removal, carpet fee at beginning of lease $200, cleaning fee at beginning of lease $300, washer/dryer rental for $20 per month. Owner is in charge of lawn care, taxes and insurance. Showings are by appointment only. Realtor is related to the Seller., View: Neighborhood, Front Door: South, Improvements: Formal Dining Room,Balcony, Foundation Details: Block
Source: SparkMLS
About this home
Located in East Lansing in East Lansing, this property offers 4-bedroom, 2-bath, with original construction dating to 1922.
Listed at $380,000.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Lot Size0.13 acres
Year Built1922
Location
CityEast Lansing
MunicipalityEast Lansing
Zip Code48823
CountyIngham
Construction & Systems
ConstructionAluminum Siding
BasementFull, Daylight
Garage2 spaces
SewerPublic
UtilitiesBroadband
InteriorWood Floor
Sale & Financing
Listed5/5/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shelby Miller
Berkshire Hathaway HomeServices
Frequently Asked Questions about 906 E Michigan Avenue, East Lansing, MI 48823
Is 906 E Michigan Avenue, East Lansing, MI 48823 eligible for USDA financing?
Per USDA Rural Development boundary data, 906 E Michigan Avenue, East Lansing, MI 48823 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 906 E Michigan Avenue, East Lansing, MI 48823 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the East Lansing police department or the Ingham County sheriff's office.
Map
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Monthly payment$2,465
Principal & interest$2,465
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
906 E Michigan Avenue, East Lansing, MI 48823
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Municipality
East Lansing
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