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Ron Sias
REALTOR®, ABR, e-PRO, GRI, Key Mentor
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1611 River Terrace, East Lansing, MI 48823

$229,000
  • 1611 River Terrace, East Lansing, MI 48823 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#294547
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRiver Terrace

Property Description

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. A connected efficiency unit includes its own living space, kitchenette, and full bath, while the walk-out lower level offers an additional 1-bedroom unit. Set on a rare 1.3-acre parcel bordering the Red Cedar River, this property offers a compelling opportunity for investors or those looking to secure housing near campus with added flexibility and long-term value.

1611 River Terrace | MLS# 294547

This multi-family property located at 1611 River Terrace, East Lansing, MI 48823 is currently listed for sale with an asking price of $229,000. Search East Lansing real estate on www.ronsias.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Forced Air, Hot Water, Natural Gas
Home Style: Ranch
Lot Size: 1.21 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1941

Feature Descriptions

Appliances: Gas Water Heater, Electric Water Heater
Days on Site: 4
Exterior: Aluminum Siding
Flooring: Carpet, Hardwood, Laminate
Laundry: Common Area
Lot: Back Yard, Few Trees, Native Plants
Lot Dimensions: 175x300
Parcel #: 33-02-02-20-103-024
Parking: Circular Driveway, No Garage, Unassigned
Patio/Porch: Front Porch
Road Frontage: City Street
Road Surface: Asphalt
Sewer: Public Sewer
Units: 3
Water: Public
Waterfront: River Front

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Lansing

Shown By

Agent Name: Ron Sias
Agent Phone: (616) 340-1780
Agency Title: Key Realty

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Estimated Payment

$ 1,347.75 per month $1,280.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.79 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/23/2026. The listing information on this page last changed on 03/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/23/2026 2:12:35 AM EST) or MichRic (Michigan Regional Information Center) (last updated Sun 03/22/2026 11:17:18 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Sun 03/22/2026 11:34:25 PM EST) or NIRA MLS (last updated Sun 03/22/2026 11:05:24 PM EST) or RealComp MLS (last updated Mon 03/23/2026 12:45:38 AM EST) or Dayton MLS (last updated Sun 03/22/2026 11:46:33 PM EST) or NORIS MLS (last updated Sun 03/22/2026 11:14:15 PM EST) or IRES MLS (last updated Mon 03/23/2026 12:17:01 AM EST) or Colorado Real Estate Network IDX (last updated Sun 03/22/2026 7:04:59 PM EST) or CBRMLS (last updated Mon 03/23/2026 12:44:30 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 03/22/2026 11:53:29 PM EST) or Terrehaute MLS (last updated Mon 03/23/2026 2:11:16 AM EST) or Pikes Peak REALTORR Services Corp (last updated Mon 03/23/2026 12:45:13 AM EST) or Stellar MLS (last updated Mon 03/23/2026 1:58:48 AM EST) or NKY MLS (last updated Sun 03/22/2026 11:28:25 PM EST) or Wrist MLS (last updated Sun 03/22/2026 11:24:17 PM EST) or Firelands MLS (last updated Sun 03/22/2026 11:11:34 PM EST) or LCAR MLS (last updated Sun 03/22/2026 10:50:19 AM EST) or West Central MLS (last updated Sun 03/22/2026 9:50:03 PM EST) or Fort Myers (last updated Sun 03/22/2026 11:05:51 PM EST) or Aspen/Glenwood Springs MLS (last updated Sun 03/22/2026 9:30:08 PM EST) or Northern Nevada Regional MLS (last updated Mon 03/23/2026 1:16:39 AM EST) or MLS NOW (last updated Mon 03/23/2026 12:17:27 AM EST) or Northern Great Lakes Association of Realtors (last updated Mon 03/23/2026 12:19:13 AM EST) or Mansfield MLS (last updated Sun 03/22/2026 11:47:14 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Mon 03/23/2026 1:06:12 AM EST) or Grand Junction MLS (last updated Sun 03/22/2026 11:37:10 PM EST) or Knox County MLS (last updated Sun 03/22/2026 11:08:39 PM EST) or IRMLS (last updated Sun 03/22/2026 11:11:41 PM EST) or Pueblo MLS (last updated Mon 03/23/2026 12:43:53 AM EST) or Upper Peninsula MLS (last updated Sun 03/22/2026 11:10:21 PM EST) or Greater Lansing MLS (last updated Sun 03/22/2026 10:36:12 PM EST) or SEBAR MLS (last updated Sun 03/22/2026 11:39:16 PM EST) or Water Wonderland MLS (last updated Sun 03/22/2026 10:53:08 PM EST) or Eastern Upper Peninsula MLS (last updated Sun 03/22/2026 11:59:08 PM EST) or Scioto Valley MLS (last updated Sun 03/22/2026 10:02:37 PM EST) or Northern Michigan MLS (last updated Sun 03/22/2026 9:33:51 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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