408 Ann Street — Sale in East Lansing, MI

  • Price: $1.3M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: East Lansing, MI 48823
  • Size: 4,808 SF
  • Year built: 1940

Investment Figures

Cap rate
7.00%
Price per square foot
$270
Price per unit
$118,182 across 11 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Building SF: 4808 | Land Size: 5924.0 SF | Year Built: 1940 | Listing Type: FOR SALE

Market Context

This multifamily in East Lansing, MI is listed for sale at $1,300,000 across 4,808 SF. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1940. It has been on the market for 71 days. Compare it against other multifamily listings for sale in East Lansing, MI — view the full market.

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