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New
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$345,000

For Sale

3 days ago

1038 Marigold Ave, East Lansing, MI

House

MLS® 298453

5 Bed

2 Bath

1221 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1221 sqft
Garage 
Taxes $5,256
Days Active 1
Lot Size 0.28 Acres
Approx. Age 1948
Avg. Price Per Sqft $282
MLS® Number 298453

Property Address: 1038 Marigold Ave, East Lansing, MI, 48823-5129

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number298453
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
BasementFull
Driveway
Garage Spaces
HeatHot Water
A/CNone

Extras

Rooms

Bedroom 5:Second Floor10 × 10 ft
Kitchen:First Floor10 × 10 ft
Dining Room:First FloorNot available
Master Bedroom:First Floor20 × 12 ft
Bedroom 3:Second Floor10 × 10 ft
Living Room:First Floor15 × 12 ft
Bedroom 2:First Floor10 × 10 ft
Bedroom 4:Second Floor10 × 10 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 12, 2026List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
1038 Marigold Ave, East Lansing, MI

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