$309,000

196 N Hagadorn Road, East Lansing, MI 48823

4 beds |
1 bath |
1,444 sqft

Single-Family Home
Built in 1947
0.43acre lot
—— car garage
$214/sqft
Listed 14 days ago

Property Description

Conveniently located in the first block north of Grand River and the northeast corner of the MSU campus, this property represents a great investment opportunity. Licensed by the city of East Lansing for a single family or four non-related, always leased. Current monthly rent to August of 2026 is $2,840. Property is also leased from 20/Aug/26 to 19/Aug/2027 for $3,124 per month. Situated on a private, 226 foot deep lot, almost a half acre, this 1,444 square foot ranch features 4 nice size bedrooms, a full bath, large living room, formal dining room, and large kitchen with breakfast nook on the first floor. LR, DR, and bedrooms #1 and #2 have hardwood floors. Many updates in the past 4 years including bath, sewer line to street, refrigerator, clothes dryer, interior painting, ceiling lights replaced with LED fixtures, new deck and double concrete drive by Able Concrete. There is also a full basement while unfinished is divided into 3 rooms with the potential of a large recreation room. Minimum 24 hour notice to show and no showings before 11:00 am.

Listing Status:: Pending
Date Added:: March 23, 2026
Data Last Updated:: April 2, 2026 at 6:37AM
Listing Office:: Berkshire Hathaway HomeServices : 517-351-3617
Listing Agent:: John G. Munn : 517-881-6623
MLS ID:: 294555

General: Ceiling Fan(s)Laminate CountersOpen FloorplanHigh Speed Internet
Appliances: DryerWasherRefrigeratorDishwasherOvenRangeElectric OvenElectric RangeFree-Standing Electric OvenFree-Standing RangeFree-Standing RefrigeratorWasher/DryerWater Heater
Laundry: Gas Dryer HookupElectric Dryer HookupIn BasementWasher Hookup
Basement: FullBlock
Flooring: CarpetHardwoodLinoleum
A/C: None
Heating: ElectricForced AirNatural Gas
Fireplace: None

General: Fire PitPrivate Yard
Style: Ranch
Pool: None

Roofing: Shingle
Windows: Double Pane Windows
General: Vinyl SidingOneBlock1052.0

Road/Access: City Street
HOA Amenities: None
Golf: None
Originating MLS: Greater Lansing Association of REALTORS®
School District: East Lansing
County: Ingham

Zoning: LOT 6 BROOKFIELD33-20-02-17-301-005
View: City
Fencing: None
Current Use: InvestmentRental

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedHigh Speed Internet Available100 Amp ServiceCircuit Breakers
Water: Public
Sewer: Public Sewer

Source: Greater Lansing Association of REALTORS®

This listing courtesy of John G. Munn , Berkshire Hathaway HomeServices

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Donley Elementary School

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

Grades KG-5

1.62 miles away

MacDonald Middle School

1601 Burcham Dr, East Lansing, MI, 48823

Grades 6-8

0.75 miles away

East Lansing High School

509 Burcham Dr, East Lansing, MI, 48823

Grades 9-12

1.25 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.