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Karen Austin

karenaustin4@gmail.com +1(517) 290-4493

Listed by Keller Williams Realty Lansing

$ 349,900

Est. payment -/mo

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1071 Lilac AVE East Lansing, MI 48823

4 Beds

2 Baths

1,128 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,128 sqft

Price per Sqft $310

Subdivision Lilac Lawn

MLS Listing ID 297319

Style Cape Cod

Bedrooms 4

Full Baths 2

Year Built 1950

Annual Tax Amount $6,581

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66x165

Property Sub-Type Single Family Residence

Source Greater Lansing Association of REALTORS®

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 interior 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.

Location

State MI

County Ingham

Community Lilac Lawn

Direction Harrison to Lilac

Rooms

Basement Full

Interior

Interior Features Built-in Features, Ceiling Fan(s), Entrance Foyer, Natural Woodwork, Open Floorplan, Primary Downstairs

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Ceramic Tile, Hardwood

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Oven, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Heater

Laundry Upper Level

Exterior

Exterior Feature Dog Run

Parking Features Driveway

Pool None

View Y/N Yes

View Neighborhood

Roof Type Shingle

Present Use Investment

Porch Patio, Porch

Building

Lot Description Back Yard, Front Yard

Lot Size Range 0.25

Sewer Public Sewer

Architectural Style Cape Cod

Schools

High Schools East Lansing

School District East Lansing

Others

Tax ID 33-20-01-24-107-002

Acceptable Financing VA Loan, Cash, Conventional, FHA, MSHDA

Listing Terms VA Loan, Cash, Conventional, FHA, MSHDA

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Karen Austin

Broker Associate

+1(517) 290-4493 | karenaustin4@gmail.com

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Homes For Sale in Lansing, MI

Karen Austin

1071 Lilac AVE East Lansing, MI 48823

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1071 Lilac AVE