$229,000

1611 River Terrace, East Lansing, MI 48823

  • 4 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon1.21acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Active
Date Added:
March 19, 2026
Data Last Updated:
April 2, 2026 at 6:37AM
Listing Office:
Keller Williams Realty Lansing : 517-853-1200
Listing Agent:
Christopher Silker : 517-242-9251
MLS ID:
294547
  • Appliances: Electric Water HeaterGas Water Heater
  • Laundry: Common Area
  • Basement: FullWalk-Out Access
  • Flooring: CarpetHardwoodLaminate
  • A/C: None
  • Heating: Forced AirHot WaterNatural Gas
  • Style: Ranch
  • Pool: None
  • Roofing: Shingle
  • General: Aluminum SidingOneBlock
  • Road/Access: City Street
  • Originating MLS: Greater Lansing Association of REALTORS®
  • School District: Okemos
  • County: Ingham
  • Zoning: LOTS 12 & 13 SUPERVISORS PLAT OF RIVER TERRACE SUB EXC- THE E 25 FT IN WIDTH OF SD LOT 13 SEC 20 T4NR1W33-02-02-20-103-024
  • Fencing: None
  • Utilities: 150 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Lansing Association of REALTORS®

This listing courtesy of Christopher Silker , Keller Williams Realty Lansing

Monthly Payment

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

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Location

Schools Nearby

B

Bennett Woods Elementary School

2650 Bennett Rd, Okemos, MI, 48864

Grades KG-4

1.73 miles away

C

Chippewa Middle School

4000 Okemos Rd, Okemos, MI, 48864

Grades 7-8

2.24 miles away

O

Okemos High School

2800 Jolly Rd, Okemos, MI, 48864

Grades 9-12

2.65 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.