1611 River Terrace, East Lansing, MI 48823
- $250,900
- 4
- BA
- Sold Price
- $250,900
- List Price
- $229,000
- Closing Date
- May 28, 2026
- Status
- CLOSED
- MLS#
- 294547
- Acres
- 1.21
- Year Built
- 1941
- Subdivision
- River Terrace
- Days on Market
- 0
Property Description
**This property is not zoned for multi-unit housing; a rental license from Meridian Township would be for a single-family home only. **Highest and Best Offers are due by 5PM on 3/27.** Well-located investment opportunity just steps from Michigan State University, yet situated in Meridian Township for more favorable rental licensing and lower property taxes. This unique multi-unit property offers strong income potential with a flexible layout. The main level features a 3-bedroom unit with a spacious living room, a full bath, and a kitchen, plus access to a large unfinished basement.
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Additional Information
- Appliances
- Electric Water Heater, Gas Water Heater
- Style
- Ranch
- Exterior
- Aluminum Siding
- Basement
- Full, Walk-Out Access
- School District
- Okemos
- Heating
- Forced Air, Hot Water, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
- Terms
- Cash, Conventional
Mortgage Calculator
Listing courtesy of Listing Agent: Christopher Silker (csilker@kw.com) from Listing Office: Keller Williams Realty Lansing.
Listing courtesy of Christopher Silker from Keller Williams Realty Lansing
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