341/343 Bailey Street, East Lansing, MI 48823

$375,000
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Sold Price
$375,000
List Price
$550,000
Closing Date
Oct 28, 2025
Status
CLOSED
MLS#
291658
Acres
0.14
Year Built
1975
Subdivision
Edgewood
Days on Market
0
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(517) 281-4478

Property Description

Prime Investment Opportunity in Downtown East Lansing - 341/343 Bailey StreetLocated in the heart of downtown East Lansing, this rare ten-bedroom duplex offers unbeatable proximity to Michigan State University, dining, shopping, and entertainment. Each side of the duplex is licensed as a Class IV rental, allowing up to 3 unrelated occupants or a family per unit—strictly enforced by the City of East Lansing.This property has proven to be a consistent and reliable rental for the past 20+ years, with strong tenant demand year-round. Both units are fully leased through July 31, 2027, ensuring immediate cash flow for investors.Whether you're looking for a future place to call home or to expand your portfolio - 341/343 Bailey is the opportunity you've been waiting for.

(517) 281-4478
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Additional Information

Exterior
Vinyl Siding
Basement
Crawl Space
Garage Description
Driveway
School District
East Lansing
Heating
Forced Air
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional
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Listing courtesy of Listing Agent: Megan Busque (hendersonbusque@gmail.com) from Listing Office: RE/MAX Real Estate Professionals.

Listing courtesy of Megan Busque from RE/MAX Real Estate Professionals


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