Real Estate Investment Properties for Sale in East Lansing, MI

Looking for investment property in East Lansing, MI with high ROI ?

Explore a variety of short-term homes & houses in East Lansing, MI. Invest wisely with VRBO & East Lansing, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in East Lansing, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6397 Ridgepond Place East Lansing, MI Located on a quiet cul-de-sac with pond views in one of East Lansing's most desirable neig...	5 beds \| 5 baths \| 5,341 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $4250 Airbnb ROI: N/A Traditional ROI: 2.18%
637 Lexington Avenue East Lansing, MI A beautifully renovated duplex in the heart of downtown East Lansing/MSU campus! Both unit...	N/A beds \| N/A baths \| N/A	$409,900	Airbnb cash on cash: -1.97% Traditional cash on cash: -0.04% Airbnb Rental Income: $1179 Traditional Rental Income: $1534 Airbnb ROI: -1.97% Traditional ROI: -0.04%
16460 Sanctuary Circle East Lansing, MI Welcome to this contemporary 2-story home that has all the bells and whistles! A covered f...	4 beds \| 3 baths \| 2,700 sq.ft.	$585,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $3113 Airbnb ROI: N/A Traditional ROI: 3.16%
919 Collingwood Drive East Lansing, MI Looking for charm, warmth, and a great location? This 2-BD, 2 BA Cape Cod in East Lansing ...	2 beds \| 2 baths \| 2,117 sq.ft.	$319,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 4.11% Airbnb Rental Income: $1223 Traditional Rental Income: $2377 Airbnb ROI: -1.03% Traditional ROI: 4.11%
6171 Graebear Trail East Lansing, MI East Lansing - The Cove of White Hills Lakes Welcome to this stunning custom-built freesta...	4 beds \| 3 baths \| 3,626 sq.ft.	$810,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.03% Airbnb Rental Income: $null Traditional Rental Income: $3186 Airbnb ROI: N/A Traditional ROI: 0.03%
1124 BURCHAM East Lansing, MI Beautiful 3 bedroom, 2 bathÂ Cap Cod style home with a 2 car detached garage, located walk...	3 beds \| 2 baths \| 1,094 sq.ft.	$185,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.59% Airbnb Rental Income: $1827 Traditional Rental Income: $1709 Airbnb ROI: 3.45% Traditional ROI: 5.59%
6256 Mereford Court East Lansing, MI Stunning new offering in the highly sought after Whitehills Lakes subdivision nestled on a...	4 beds \| 4 baths \| 3,334 sq.ft.	$879,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $3610 Airbnb ROI: N/A Traditional ROI: 0.98%
5910 Printemp Drive East Lansing, MI Welcome to 5910 Printemp Drive-an impeccably maintained, elegant 3 bedroom, 3 and a half h...	3 beds \| 4 baths \| 2,248 sq.ft.	$339,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 6.96% Airbnb Rental Income: $1123 Traditional Rental Income: $3097 Airbnb ROI: -0.39% Traditional ROI: 6.96%
5966 E Sleepy Hollow Lane East Lansing, MI Welcome to 5966 E Sleepy Hollow East Lansing! This new construction ranch is located in th...	3 beds \| 3 baths \| 1,665 sq.ft.	$469,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.59% Airbnb Rental Income: $1917 Traditional Rental Income: $2643 Airbnb ROI: 0.78% Traditional ROI: 3.59%
539 Sunset Lane East Lansing, MI Spacious 5-bedroom, 2.5-bath Cape Cod on a corner lot in East Lansing's Oakwood Historic D...	5 beds \| 3 baths \| 1,927 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: 5.39%
2158 Coolidge Road East Lansing, MI FANTASTIC RANCH IN WELL REGARDED RAMBLEWOOD SUBDIVISION! MOVE RIGHT IN! 3 BEDROOMS, 1 1/2 ...	3 beds \| 2 baths \| 2,640 sq.ft.	$295,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 6.85% Airbnb Rental Income: $1611 Traditional Rental Income: $2591 Airbnb ROI: 1.67% Traditional ROI: 6.85%
2343 Sapphire Lane East Lansing, MI WHAT A BEAUTY! THIS AMAZING CUSTOM-BUILT FREE-STANDING CONDOMINIUM OFFERS NEARLY 3,000 SQU...	3 beds \| 3 baths \| 2,969 sq.ft.	$559,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.48% Airbnb Rental Income: $1827 Traditional Rental Income: $3172 Airbnb ROI: -0.03% Traditional ROI: 3.48%
502 Gainsborough Drive East Lansing, MI This is a well-maintained 4-bedroom bi-level home. The living room is spacious, featuring ...	4 beds \| 2 baths \| 1,920 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 5.73%
609 E Avocet Drive East Lansing, MI Don't miss this opportunity to own one of the largest floorplans in the desirable Hawk Nes...	4 beds \| 3 baths \| 2,424 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2917 Airbnb ROI: N/A Traditional ROI: 4.91%
16750 Printemp Drive East Lansing, MI Welcome to 16750 Printemp Drive - A Charming Stand-Alone Condo in Chateau in the Pines! ...	3 beds \| 3 baths \| 2,250 sq.ft.	$329,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 6.41% Airbnb Rental Income: $1123 Traditional Rental Income: $2997 Airbnb ROI: -0.87% Traditional ROI: 6.41%
710 Gainsborough Drive East Lansing, MI Take a Second Look! This beautifully maintained 5-bedroom, 3-bath home is ideally located...	5 beds \| 3 baths \| 2,209 sq.ft.	$354,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.8% Airbnb Rental Income: $1549 Traditional Rental Income: $3073 Airbnb ROI: -0.12% Traditional ROI: 5.8%
600 Albert Avenue #524 East Lansing, MI Discover this exceptional 2008-built ranch condominium in the heart of East Lansing. Ideal...	2 beds \| 2 baths \| 1,187 sq.ft.	$318,000	Airbnb cash on cash: -3.05% Traditional cash on cash: 0.97% Airbnb Rental Income: $1212 Traditional Rental Income: $2022 Airbnb ROI: -3.05% Traditional ROI: 0.97%
992 Touraine Avenue East Lansing, MI Welcome to 992 Touraine Avenue! This 4-bedroom, 2.5 bath, two story home is located in the...	4 beds \| 3 baths \| 2,528 sq.ft.	$317,500	Airbnb cash on cash: -1.81% Traditional cash on cash: 6.55% Airbnb Rental Income: $751 Traditional Rental Income: $2934 Airbnb ROI: -1.81% Traditional ROI: 6.55%
1311 W Saginaw Street East Lansing, MI Great location! Conveniently located to most anything you need, including college. This Ca...	3 beds \| 1 baths \| 1,152 sq.ft.	$289,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.01% Airbnb Rental Income: $1482 Traditional Rental Income: $1701 Airbnb ROI: 0.61% Traditional ROI: 3.01%
5800 Bent Tree Drive East Lansing, MI Newer Roof, new air conditioner, new Generac generator, new oven, new refrigerator, new di...	3 beds \| 2 baths \| 3,092 sq.ft.	$399,500	Airbnb cash on cash: -0.64% Traditional cash on cash: 2.58% Airbnb Rental Income: $1917 Traditional Rental Income: $2616 Airbnb ROI: -0.64% Traditional ROI: 2.58%
642 Anhinga Drive East Lansing, MI East Lansing - Hawk Nest Subdivision's newest offering for this approx. 2,094 sq. ft. 3-be...	3 beds \| 3 baths \| 2,116 sq.ft.	$359,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.68% Airbnb Rental Income: $1380 Traditional Rental Income: $2923 Airbnb ROI: -0.12% Traditional ROI: 5.68%
5420 Park Lake Road East Lansing, MI This is an awesome 3-bedroom, quad-level home with over a quarter acre lot in East Lansing...	3 beds \| 3 baths \| 2,244 sq.ft.	$279,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 7.28% Airbnb Rental Income: $1827 Traditional Rental Income: $2786 Airbnb ROI: 1.76% Traditional ROI: 7.28%
6102 Sleepy Hollow Lane East Lansing, MI This exceptional custom-built five-bedroom, four-and-a-half-bath residence seamlessly inte...	5 beds \| 5 baths \| 3,862 sq.ft.	$779,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $5367 Airbnb ROI: N/A Traditional ROI: 3.91%
6455 E Island Lake Drive East Lansing, MI Fabulous home on the water. Over 5000 sq ft Fin, spacious rooms. Wonderful cherry kitchen ...	4 beds \| 4 baths \| 5,001 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $3886 Airbnb ROI: N/A Traditional ROI: 2.8%
947 Sever Drive East Lansing, MI Sweet brick ranch in the Flower Pot District. Wonderful hardwoods, 3 bed. Nicely tiled bat...	3 beds \| 1 baths \| 1,883 sq.ft.	$201,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.31% Airbnb Rental Income: $1621 Traditional Rental Income: $1777 Airbnb ROI: 3.09% Traditional ROI: 6.31%
6018 Horizon Drive East Lansing, MI Discover a one-of-a-kind architectural masterpiece by renowned architect Delphin Budzynski...	4 beds \| 2 baths \| 3,062 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $3049 Airbnb ROI: N/A Traditional ROI: 5.22%
3303 Wharton Street East Lansing, MI Welcome to 3303 Wharton Street in East Lansing! This spacious 2 bedroom, 2.5 bath condo fe...	2 beds \| 3 baths \| 1,533 sq.ft.	$269,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 5.24% Airbnb Rental Income: $1218 Traditional Rental Income: $2354 Airbnb ROI: -0.79% Traditional ROI: 5.24%
2545 Koala Drive East Lansing, MI OKEMOS ~ NEWEST OFFERING IN BEAR LAKE SUBDIVISION WITH 3 BEDROOMS, 3.5 BATHS. 2192 ABOVE G...	3 beds \| 4 baths \| 2,740 sq.ft.	$359,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 5.42% Airbnb Rental Income: $1827 Traditional Rental Income: $3122 Airbnb ROI: 0.13% Traditional ROI: 5.42%
1412 N Harrison Road East Lansing, MI Welcome to this spacious, thoughtfully maintained 4-bedroom, 3-bath home situated on a hal...	4 beds \| 3 baths \| 3,838 sq.ft.	$399,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 5.13% Airbnb Rental Income: $751 Traditional Rental Income: $2954 Airbnb ROI: -1.59% Traditional ROI: 5.13%
523 Bailey Street East Lansing, MI *HIGHEST & BEST DUE MONDAY 8/11/25 9:00 AM*Just a stone's throw from the vibrant East ...	4 beds \| 3 baths \| 1,878 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 4.85%
1915 N Harrison Road East Lansing, MI Welcome to 1915 N Harrison - A Charming Cape Cod in East Lansing's Coveted Pine Crest Neig...	4 beds \| 2 baths \| 2,049 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: 6.38%
2855 Coleman Road East Lansing, MI Charming 3-bedroom, 1-bath bi-level home on a rare 1-acre lot in East Lansing. Built in 19...	3 beds \| 1 baths \| 1,218 sq.ft.	$304,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.74% Airbnb Rental Income: $1380 Traditional Rental Income: $1863 Airbnb ROI: 1.59% Traditional ROI: 4.74%
7225 Coleman Road East Lansing, MI This spacious 3BR/1.5BA ranch sits on a fully fenced 1-acre lot! Offering over 1,500 sq ft...	3 beds \| 2 baths \| 2,010 sq.ft.	$289,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 7.12% Airbnb Rental Income: $1917 Traditional Rental Income: $2598 Airbnb ROI: 2.75% Traditional ROI: 7.12%
515 W Oakwood Drive East Lansing, MI Welcome to 515 W Oakwood in East Lansing, a well-maintained home owned by just its third o...	3 beds \| 2 baths \| 1,452 sq.ft.	$319,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.33% Airbnb Rental Income: $1482 Traditional Rental Income: $2175 Airbnb ROI: 0.57% Traditional ROI: 4.33%
338 W Saginaw Street unit: 48 #48 East Lansing, MI Welcome to this beautiful 2-bedroom, 2 full bathroom Brentwood condo near MSU CAMPUS!! Fea...	2 beds \| 2 baths \| 996 sq.ft.	$187,500	Airbnb cash on cash: -1.55% Traditional cash on cash: 3.78% Airbnb Rental Income: $1027 Traditional Rental Income: $1616 Airbnb ROI: -1.55% Traditional ROI: 3.78%
704 Beech Street East Lansing, MI Are you looking for move in ready in East Lansing, have I got the house for you! How about...	3 beds \| 2 baths \| 1,533 sq.ft.	$345,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.84% Airbnb Rental Income: $1123 Traditional Rental Income: $2238 Airbnb ROI: -0.76% Traditional ROI: 3.84%
5162 Sapphire Circle East Lansing, MI This stunning ranch condo by Giguerre Homes offers ~2,700 SF overlooking a serene pond and...	3 beds \| 3 baths \| 2,700 sq.ft.	$469,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.71% Airbnb Rental Income: $1827 Traditional Rental Income: $3153 Airbnb ROI: -0.44% Traditional ROI: 3.71%
921 Northgate Drive East Lansing, MI Welcome to 921 NORTHGATE DR in East Lansing's desirable Whitehill's Estates. This 2900+ SF...	4 beds \| 3 baths \| 2,915 sq.ft.	$498,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $3114 Airbnb ROI: N/A Traditional ROI: 3.96%
16092 Center Road Road East Lansing, MI Discover country living at its best with this charming home, offering over 1,300 sq. ft. o...	3 beds \| 2 baths \| 1,728 sq.ft.	$224,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 8.54% Airbnb Rental Income: $1917 Traditional Rental Income: $2390 Airbnb ROI: 3.91% Traditional ROI: 8.54%

Real Estate investment in East-lansing, MI

There are 45 properties for sale in the city of East Lansing . The median list price in East Lansing is $342,450 and the average price per square foot is $147. In September 2025, the average monthly cash on cash return in East Lansing is 5.00%. The average monthly rental income in East Lansing is $2,753.

East-lansing, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 45 investment properties available for sale in East-lansing.

In 2025, the best neighborhood to buy investment property is Avondale Square.

The ROI for Short-Term is higher than the Long-Term in East-lansing with average rental income of $1,451.

Your search for investment property begins and ends here

Investment Property for Sale in East Lansing, MI

6397 Ridgepond Place

East Lansing, MI

5 beds | 5 baths | 5,341 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.18%

Airbnb Rental Income: $null

Traditional Rental Income: $4250

Airbnb ROI: N/A

Traditional ROI: 2.18%

637 Lexington Avenue

East Lansing, MI

N/A beds | N/A baths | N/A

$409,900

Airbnb cash on cash: -1.97%

Traditional cash on cash: -0.04%

Airbnb Rental Income: $1179

Traditional Rental Income: $1534

Airbnb ROI: -1.97%

Traditional ROI: -0.04%

16460 Sanctuary Circle

East Lansing, MI

4 beds | 3 baths | 2,700 sq.ft.

$585,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.16%

Airbnb Rental Income: $null

Traditional Rental Income: $3113

Airbnb ROI: N/A

Traditional ROI: 3.16%

919 Collingwood Drive

East Lansing, MI

2 beds | 2 baths | 2,117 sq.ft.

$319,900

Airbnb cash on cash: -1.03%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1223

Traditional Rental Income: $2377

Airbnb ROI: -1.03%

Traditional ROI: 4.11%

6171 Graebear Trail

East Lansing, MI

4 beds | 3 baths | 3,626 sq.ft.

$810,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.03%

Airbnb Rental Income: $null

Traditional Rental Income: $3186

Airbnb ROI: N/A

Traditional ROI: 0.03%

1124 BURCHAM

East Lansing, MI

3 beds | 2 baths | 1,094 sq.ft.

$185,000

Airbnb cash on cash: 3.45%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1827

Traditional Rental Income: $1709

Airbnb ROI: 3.45%

Traditional ROI: 5.59%

6256 Mereford Court

East Lansing, MI

4 beds | 4 baths | 3,334 sq.ft.

$879,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.98%

Airbnb Rental Income: $null

Traditional Rental Income: $3610

Airbnb ROI: N/A

Traditional ROI: 0.98%

5910 Printemp Drive

East Lansing, MI

3 beds | 4 baths | 2,248 sq.ft.

$339,900

Airbnb cash on cash: -0.39%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $1123

Traditional Rental Income: $3097

Airbnb ROI: -0.39%