Looking for an East Lansing property with a current rental license? This is your dream come true. This beautifully renovated brick cape cod home has 3 beds 2 baths, currently has a class 1 rental license, (owner occupied with 1 roommate) but it is not in an overlay district so it can also convert to a class 3 rental license which means they can rent to 2 persons without residing in the property. You won't want to miss this gem! Fully renovated with quartz counter tops, soft close cabinets and bar style seating in the kitchen area, great for entertaining. The 2 living room areas are spacious and ideal for student living or a busy family who wants to spread out. The unfinished basement is ready for your finishing touches to create immediate equity. There are 2 ways to access the very private back yard, either through the kitchen slider onto the pergola covered portion of the 3-tiered deck, or through the door in the living room which leads to the lower deck space. The side back yard has enough space to add a garage if desired (and of course approval from the city of EL) The long driveway has space for 3 cars, and the hedge out front ensures the perfect amount of privacy. Come take a look today, and move right in! The bedrooms and living room are staged with AI.
For sale
$375,000
308 Gunson St, East Lansing, MI 48823
3beds
1,403sqft
Single Family Residence
Built in 1941
10,018 Square Feet Lot
$359,100 Zestimate®
$267/sqft
$-- HOA
What's special
Great for entertainingQuartz counter topsSoft close cabinets
- 42 days
- 913
- 57
Zillow last checked:
Listing updated:
Listed by:
Laura Farhat Bramson 517-643-0019,
Keller Williams Realty Lansing 517-853-1200
Source: Greater Lansing AOR,MLS#: 297662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 124.3 Square Feet
- Dimensions: 11 x 11.3
Bedroom 2
- Level: First
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 3
- Level: Second
- Area: 181.53 Square Feet
- Dimensions: 15.09 x 12.03
Basement
- Level: Basement
- Area: 204.97 Square Feet
- Dimensions: 17.01 x 12.05
Basement
- Level: Basement
- Area: 208.94 Square Feet
- Dimensions: 16.06 x 13.01
Basement
- Level: Basement
- Area: 330.9 Square Feet
- Dimensions: 30 x 11.03
Dining room
- Description: combo w/kitchen
- Level: First
- Area: 0 Square Feet
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 146.45 Square Feet
- Dimensions: 18.08 x 8.1
Living room
- Level: First
- Area: 183.54 Square Feet
- Dimensions: 14 x 13.11
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer/Dryer, Water Heater
- Laundry: Lower Level
Features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet
- Flooring: Laminate, Wood
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,295
- Total interior livable area: 1,403 sqft
- Finished area above ground: 1,403
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Fencing: Back Yard
Lot
- Size: 10,018 Square Feet
- Dimensions: 83 x 118
- Features: Back Yard, City Lot, Few Trees, Front Yard, Near Public Transit, Private
Details
- Foundation area: 892
- Parcel number: 33200218226010
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected, Sewer Connected, Natural Gas Connected, High Speed Internet Connected, Electricity Connected, Cable Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: East Lansing
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $139,200
- Annual tax amount: $9,300
- Date on market: 7/28/2026
- Listing terms: VA Loan,Cash,Conventional,FHA
Estimated market value
$359,100
$341,000 - $377,000
$2,416/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $375,000+66.7%$267/sqft |
Source: | ||
| 8/4/2021 | Sold | $225,000-2.1%$160/sqft |
Source: Public Record Report a problem | ||
| 7/16/2021 | Pending sale | $229,900$164/sqft |
Source: Owner Report a problem | ||
| 6/22/2021 | Listed for sale | $229,900$164/sqft |
Source: Owner Report a problem | ||
| 6/21/2021 | Pending sale | $229,900$164/sqft |
Source: Owner Report a problem | ||
| 6/18/2021 | Listed for sale | $229,900+40.2%$164/sqft |
Source: Owner Report a problem | ||
| 7/9/2008 | Sold | $164,000-0.6%$117/sqft |
Source: Public Record Report a problem | ||
| 10/3/2005 | Sold | $165,000$118/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,681 +6.6% | $139,200 +7.7% |
| 2024 | $8,147 | $129,200 +14.1% |
| 2023 | -- | $113,200 +6% |
| 2022 | -- | $106,800 +9.5% |
| 2021 | -- | $97,500 +3.5% |
| 2020 | -- | $94,200 +4.4% |
| 2019 | $5,032 | $90,200 -1.5% |
| 2018 | $5,032 | $91,600 +0.5% |
| 2017 | -- | $91,100 +5.1% |
| 2016 | -- | $86,700 +5.7% |
| 2015 | -- | $82,000 -5.6% |
| 2014 | -- | $86,900 +0.5% |
| 2013 | -- | $86,500 -3% |
| 2012 | -- | $89,200 +8.8% |
| 2011 | -- | $82,000 +7.9% |
| 2010 | -- | $76,000 -3.2% |
| 2009 | -- | $78,500 -5% |
| 2008 | -- | $82,600 |
| 2007 | -- | $82,600 +2% |
| 2006 | -- | $81,000 +7% |
| 2005 | -- | $75,700 +6% |
| 2004 | -- | $71,400 +6.3% |
| 2003 | -- | $67,200 +5% |
| 2002 | -- | $64,000 +6% |
| 2001 | -- | $60,400 +5% |
| 2000 | -- | $57,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Bailey
Nearby schools
Schools provided by the listing agent
- High: East Lansing
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




