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341/343 Bailey ST East Lansing, MI 48823
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Key Details
Sold Price $375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Edgewood
MLS Listing ID 291658
Sold Date 10/28/25
Year Built 1975
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 62X97
Source Greater Lansing Association of REALTORS®
Property Description
Prime Investment Opportunity in Downtown East Lansing - 341/343 Bailey StreetLocated in the heart of downtown East Lansing, this rare ten-bedroom duplex offers unbeatable proximity to Michigan State University, dining, shopping, and entertainment. Each side of the duplex is licensed as a Class IV rental, allowing up to 3 unrelated occupants or a family per unit—strictly enforced by the City of East Lansing.This property has proven to be a consistent and reliable rental for the past 20+ years, with strong tenant demand year-round. Both units are fully leased through July 31, 2027, ensuring immediate cash flow for investors.Whether you're looking for a future place to call home or to expand your portfolio - 341/343 Bailey is the opportunity you've been waiting for.
Location
State MI
County Ingham
Community Edgewood
Direction GPS
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Laundry Lower Level
Exterior
Parking Features Driveway
View Y/N No
Total Parking Spaces 5
Building
Lot Size Range 0.14
Sewer Public Sewer
Schools
High Schools East Lansing
School District East Lansing
Others
Tax ID 33-20-02-18-143-008
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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