INCREDIBLE INVESTMENT OPPORTUNITY in the heart of REO Town! Don't miss your chance to add this fully occupied 4-unit, 2-story home to your portfolio! This charming craftsman era home consists of two 1-bedroom and 2-studio apartments. Covered back porch and fenced back yard shared between lower units. Two attached 10' x 18' storage sheds. This home offers separate gas meters and furnaces for each unit, as well as two electric meters and two water meters. Full tearoff & new roof - 2021. City of Lansing Rental Certificate renewed through 6/1/2026. Located just moments from all the shops and amenities of REO Town and the Lansing River Trail. Quick I-496 access for easy commuting. Minutes from downtown and MSU.
Sold for $212,000 on 08/13/25
$212,000
120-122 E Elm St, Lansing, MI 48910
2beds
4baths
--sqft
MultiFamily
Built in 1925
-- sqft lot
$212,200 Zestimate®
$--/sqft
$1,238 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 11:22am
Listed by:
Jonathan Lum 517-798-6264,
EXIT Realty Home Partners,
HPR Team,
EXIT Realty Home Partners
Bought with:
Brianna Garrett, 6501436561
Good Company Realty
Source: Greater Lansing AOR,MLS#: 287946
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: None
Features
- Flooring: Combination, Tile, Vinyl, Wood
- Windows: Wood Frames
- Basement: Block,Full
- Has fireplace: No
Interior area
- Finished area above ground: 2,048
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Private Yard, Rain Gutters
- Fencing: Fenced,Wood
Lot
- Size: 2,178 sqft
- Dimensions: 53.5 x 44
- Features: Back Yard, City Lot, Level
Details
- Parcel number: 33010121257175
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lansing
- Subdivision: Sparrows
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$212,200
2% more+$4,244
With Zillow Showcase(estimated)$216,444