1142 Lilac Avenue East Lansing, MI 48823

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.