Licensed for 3. Seize this rare chance to own a fully rented duplex in the highly sought-after Bailey neighborhood of East Lansing. These units have been remodeled from top to bottom literally! With separately metered utilities, owner expenses remain low, maximizing profitability. Properties in this prime location rarely come to the market. Don't miss your opportunity to own a licensed rental just steps from downtown East Lansing! Fully rented so minimum 24hrs notice for all showings. Front unit is 1 bedroom licensed for 2, back unit is a studio licensed for one. Adding a bedroom to the front unit will increase income potential greatly.
Sold for $229,000
$229,000
514 Spartan Ave, East Lansing, MI 48823
--beds
1baths
--sqft
MultiFamily
Built in 1930
-- sqft lot
$225,700 Zestimate®
$--/sqft
$1,570 Estimated rent
Home value
$225,700
$196,000 - $257,000
$1,570/mo
Zestimate® history
Owner options
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$1,570/mo
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$1,700/mo
Est. payment
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$1,700/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Tina Hause 517-285-5749,
Berkshire Hathaway HomeServices
Bought with:
Missy Lord, 6501387790
RE/MAX Real Estate Professionals Dewitt
Source: Greater Lansing AOR,MLS#: 286022
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- None, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Flooring: Vinyl
- Windows: Blinds
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 640
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Gravel, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 135
- Features: Back Yard
Details
- Parcel number: 33200218219013
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Connected, Cable Available
Community & HOA
Community
- Subdivision: Avondale
Location
- Region: East Lansing
Financial & listing details
- Tax assessed value: $62,800
- Annual tax amount: $4,211
- Date on market: 1/31/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2025 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 8/6/2025 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 2/17/2025 | Sold | $229,000+20.5% |
Source:  Greater Lansing AOR #286022 Report a problem | ||
| 2/6/2025 | Pending sale | $190,000 |
Source: Greater Lansing AOR #286022 Report a problem | ||
| 1/31/2025 | Listed for sale | $190,000+83.6% |
Source: Greater Lansing AOR #286022 Report a problem | ||
| 11/15/2017 | Sold | $103,500+3.6% |
Source: Greater Lansing AOR #218701 Report a problem | ||
| 10/18/2017 | Pending sale | $99,900 |
Source: Berkshire Hathaway HomeServices Tomie Raines #218701 Report a problem | ||
| 8/4/2017 | Listed for sale | $99,900 |
Source: Berkshire Hathaway HomeServices Tomie Raines #218701 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,211 +6.6% | $65,700 +4.6% |
| 2024 | $3,951 | $62,800 +8.5% |
| 2023 | -- | $57,900 +11.8% |
| 2022 | -- | $51,800 +2.8% |
| 2021 | -- | $50,400 |
| 2020 | -- | $50,400 -5.3% |
| 2019 | $2,071 | $53,200 +3.1% |
| 2018 | $2,071 | $51,600 +1% |
| 2017 | -- | $51,100 |
| 2016 | -- | $51,100 +8% |
| 2015 | -- | $47,300 |
| 2014 | -- | $47,300 +5.1% |
| 2013 | -- | $45,000 |
| 2012 | -- | $45,000 -5.1% |
| 2011 | -- | $47,400 |
| 2010 | -- | $47,400 |
| 2009 | -- | $47,400 +38.2% |
| 2008 | -- | $34,300 +9.9% |
| 2007 | -- | $31,200 +2% |
| 2006 | -- | $30,600 +5.9% |
| 2005 | -- | $28,900 +5.9% |
| 2004 | -- | $27,300 +6.2% |
| 2003 | -- | $25,700 +4.9% |
| 2002 | -- | $24,500 +6.1% |
| 2001 | -- | $23,100 +5% |
| 2000 | -- | $22,000 |
Find assessor info on the county website
Neighborhood: Avondale Square
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Marble SchoolGrades: PK-5Distance: 0.3 mi
- 7/10MacDonald Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10East Lansing High SchoolGrades: 9-12Distance: 0.8 mi
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.
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Estimated market value
$225,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,700
- Michigan
- Ingham County
- East Lansing
- 48823
- Avondale Square
- 514 Spartan Ave
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Nearby neighborhoods
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