Listing provided courtesy of National Realty Centers, IncMLS# 61006878MLS Provider
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Fantastic owner-occupant or investment opportunity just two blocks from Michigan State University! Nestled in a quiet, low-traffic neighborhood, this licensed two-unit property offers the perfect blend of comfortable living and income-producing potential. Looking for a single-family home instead? This versatile property can easily function as a spacious personal residence with three bedrooms - two on the main level and one upstairs - with the potential to create a fourth bedroom in the upper level, if desired. Whether you choose to maintain the income-producing duplex configuration or convert it into a larger single-family home, the flexible layout provides options to fit your needs. The main-floor owner's unit features two bedrooms, a full bathroom, a spacious living room, a functional kitchen, and interior access to the full basement. The basement offers a partially finished area, laundry space, and ample storage. The upper-level apartment is licensed for either a family or up to two unrelated occupants, making it an ideal rental for MSU students, graduate students, faculty, or professionals. This private unit offers its own exterior entrance and features a living room, kitchen, full bathroom, and one bedroom. The upper unit also has access to the shared basement through its own private exterior entrance. Outside, you'll appreciate the detached two-car garage, maintenance-free vinyl siding, and a large fenced backyard with a patio - perfect for relaxing, entertaining, gardening, or pets. Whether you're looking to offset your mortgage with rental income or add a versatile property to your investment portfolio, this duplex offers exceptional potential in a prime East Lansing location just minutes from MSU, shopping, dining, parks, and everything the area has to offer.

Source: Great Lakes Repository, MLS#: 61006878

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  • Property Type
    Residential
  • Lot
    0.25 acres

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Ken Collica

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1142 Lilac Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: Great Lakes Repository Added to Database
June 29, 2026
6/29/2026Source: Great Lakes Repository Added to Database
June 29, 2026