Don't miss this rare opportunity to own a high performing investment property in the heart of East Lansing, just steps from MSU and downtown. This updated class 4 licensed home is approved for FIVE OCCUPANTS and currently generates a strong monthly rent of $3,750. Featuring five spacious bedrooms and two full baths, the home is thoughtfully maintained and includes significant updates throughout including plumbing, electrical, structural improvements/updating, a newer roof, updated kitchen with modern cabinets, appliances, renovated bathrooms, newer furnace and more.
Hardwood and tile flooring offer durability and easy maintenance and parking for five vehicles adds to its rental appeal. Located within walking distance to MSU, the East Lansing Farmers Market, and all of the amenities of downtown, this property is a turnkey income producer in one of the most desirable rental markets in the area.
Sold for $420,000
$420,000
645 Evergreen Ave, East Lansing, MI 48823
5beds
1,248sqft
Single Family Residence
Built in 1922
4,791 Square Feet Lot
$456,700 Zestimate®
$337/sqft
$2,203 Estimated rent
Home value
$456,700
$425,000 - $493,000
$2,203/mo
Zestimate® history
Owner options
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$2,203/mo
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$2,203/mo
Rent Zestimate®
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$2,967/mo
Est. payment
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$2,967/mo
Est. payment
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List your homeWhat's special
Parking for five vehiclesFive spacious bedroomsHardwood and tile flooringRenovated bathroomsNewer furnace
Zillow last checked:
Listing updated:
Listed by:
Constance Benca 517-749-3116,
Coldwell Banker Professionals-E.L.
Bought with:
Rob Buffington, 6506044394
White Pine Sotheby's International Realty
Source: Greater Lansing AOR,MLS#: 287823
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 148.74 Square Feet
- Dimensions: 13.4 x 11.1
Bedroom 2
- Level: First
- Area: 205.32 Square Feet
- Dimensions: 23.6 x 8.7
Bedroom 3
- Level: Second
- Area: 152.88 Square Feet
- Dimensions: 14.7 x 10.4
Bedroom 4
- Level: Second
- Area: 172.5 Square Feet
- Dimensions: 15 x 11.5
Bedroom 5
- Level: Second
- Area: 142.8 Square Feet
- Dimensions: 11.9 x 12
Bathroom 1
- Level: Second
- Area: 50.05 Square Feet
- Dimensions: 9.1 x 5.5
Bathroom 2
- Level: Basement
- Area: 49.58 Square Feet
- Dimensions: 7.4 x 6.7
Dining room
- Level: First
- Area: 73.81 Square Feet
- Dimensions: 6.1 x 12.1
Kitchen
- Level: First
- Area: 161.04 Square Feet
- Dimensions: 13.2 x 12.2
Laundry
- Level: Basement
- Area: 56.42 Square Feet
- Dimensions: 9.1 x 6.2
Living room
- Level: First
- Area: 158.63 Square Feet
- Dimensions: 13.11 x 12.1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Water Heater, Microwave, Refrigerator, Gas Range, Dishwasher
- Laundry: In Basement
Features
- High Ceilings
- Flooring: Hardwood, Tile, Vinyl
- Windows: ENERGY STAR Qualified Windows
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,477
- Total interior livable area: 1,248 sqft
- Finished area above ground: 1,248
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Outside, Oversized, Paved, Side By Side
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Has view: Yes
- View description: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 59.43 x 82.09
- Features: Back Yard, City Lot, Near Public Transit, Corner Lot
Details
- Foundation area: 624
- Parcel number: 33200113215003
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected, Sewer Connected, Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Elmdale
Location
- Region: East Lansing
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $203,700
- Annual tax amount: $5,049
- Date on market: 5/6/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Sold | $420,000+7.7%$337/sqft |
Source:  Greater Lansing AOR #287823 Report a problem | ||
| 5/12/2025 | Pending sale | $390,000$313/sqft |
Source: Greater Lansing AOR #287823 Report a problem | ||
| 5/12/2025 | Contingent | $390,000$313/sqft |
Source: Greater Lansing AOR #287823 Report a problem | ||
| 5/1/2025 | Listed for sale | $390,000$313/sqft |
Source: Greater Lansing AOR #287823 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,000 +6.6% | $203,700 +3.9% |
| 2024 | $4,692 | $196,100 +9.7% |
| 2023 | -- | $178,800 +13.8% |
| 2022 | -- | $157,100 +2.5% |
| 2021 | -- | $153,300 +55.6% |
| 2020 | -- | $98,500 |
| 2019 | $4,345 | $98,500 +3% |
| 2018 | $4,345 | $95,600 +3% |
| 2017 | -- | $92,800 +2% |
| 2016 | -- | $91,000 +6.9% |
| 2015 | -- | $85,100 +5.1% |
| 2014 | -- | $81,000 |
| 2013 | -- | $81,000 |
| 2012 | -- | $81,000 -2.3% |
| 2011 | -- | $82,900 |
| 2010 | -- | $82,900 |
| 2009 | -- | $82,900 +7.7% |
| 2008 | -- | $77,000 +5% |
| 2007 | -- | $73,300 +1.9% |
| 2006 | -- | $71,900 +5% |
| 2005 | -- | $68,500 +6% |
| 2004 | -- | $64,600 +6.3% |
| 2003 | -- | $60,800 +5% |
| 2002 | -- | $57,900 +6% |
| 2001 | -- | $54,600 +5% |
| 2000 | -- | $52,000 |
Find assessor info on the county website
Neighborhood: Glencairn
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Nearby schools
GreatSchools rating
- 7/10Glencairn SchoolGrades: PK-5Distance: 0.5 mi
- 7/10MacDonald Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10East Lansing High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- High: East Lansing
- District: 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
$456,700
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
$456,700
- Michigan
- Ingham County
- East Lansing
- 48823
- Glencairn
- 645 Evergreen Ave
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