$379,900

1229-1231 Ferndale Avenue, East Lansing, MI 48823

  • 2 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Exceptional duplex opportunity on Ferndale Avenue in East Lansing! This well-maintained property carries two Class IV rental licenses with the City of East Lansing- a grandfathered designation that cannot be newly issued today. Each side mirrors the other with just under 1,000 square feet above grade, offering spacious and functional layouts. Each side is three bedrooms and two full bathrooms and each side has their own separate basements. Both basements include full bathrooms, with one side of the basement nearly fully finished and the other side partially finished and both sides featuring an egress window which is ideal for expanded living space, added value, or rental flexibility. The units are clean and updated with modern flooring and well-maintained mechanical systems. All appliances are included for a seamless transition to the next owner. Positioned on a corner lot, the property features two separate driveways and six total parking spaces, offering a significant advantage in this market. A storage shed provides additional utility and convenience. This is a rare chance to own a licensed duplex with great rental history in a high-demand East Lansing location with strong long-term upside.

Listing Status:
Active
Date Added:
March 3, 2026
Data Last Updated:
April 2, 2026 at 5:39AM
Listing Office:
RE/MAX Real Estate Professionals : 517-339-8255
Listing Agent:
Rachelle Rosalie Knapp : 810-417-1072
MLS ID:
294229
  • Appliances: Gas Water Heater
  • Laundry: In BasementElectric Dryer HookupGas Dryer Hookup
  • Basement: FullBath/StubbedBlockConcreteInterior EntrySump Pump
  • Flooring: Ceramic TileLaminate
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • General: Rain GuttersStorage
  • Roofing: Shingle
  • Windows: Low-Emissivity Windows
  • General: Aluminum SidingBrickOneBlock
  • Road/Access: City Street
  • Originating MLS: Greater Lansing Association of REALTORS®
  • School District: East Lansing
  • County: Ingham
  • Zoning: N 111 FT OF E 70.5 FT OF LOT 84 GREEN CREST #133-20-02-08-301-009
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Lansing Association of REALTORS®

This listing courtesy of Rachelle Rosalie Knapp , RE/MAX Real Estate Professionals

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Donley Elementary School

2961 E Lake Lansing Rd Bldg B, East Lansing, MI, 48823

Grades KG-5

0.48 miles away

M

MacDonald Middle School

1601 Burcham Dr, East Lansing, MI, 48823

Grades 6-8

0.42 miles away

E

East Lansing High School

509 Burcham Dr, East Lansing, MI, 48823

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.