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: -1.78% Traditional cash on cash: -0.04% Airbnb Rental Income: $1269 Traditional Rental Income: $1534 Airbnb ROI: -1.78% 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 ...	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: -0.5% Traditional cash on cash: 4.11% Airbnb Rental Income: $1413 Traditional Rental Income: $2377 Airbnb ROI: -0.5% Traditional ROI: 4.11%
793 Tarleton Avenue East Lansing, MI Charming 3-Bedroom Home on Corner Lot located Minutes from MSU! This well-maintained 3-bed...	3 beds \| 3 baths \| 2,005 sq.ft.	$290,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 6.12% Airbnb Rental Income: $1451 Traditional Rental Income: $2795 Airbnb ROI: -0.38% Traditional ROI: 6.12%
6171 Graebear Trail East Lansing, MI East Lansing's newest offering in the Cove of White Hills Lakes. This newer custom 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: 4.27% Traditional cash on cash: 5.59% Airbnb Rental Income: $1999 Traditional Rental Income: $1709 Airbnb ROI: 4.27% Traditional ROI: 5.59%
1613 Parkvale Avenue East Lansing, MI Welcome to this charming 3-bedroom, 1.5 bath ranch located in the highly desirable city of...	3 beds \| 2 baths \| 1,144 sq.ft.	$225,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.33% Airbnb Rental Income: $1461 Traditional Rental Income: $1934 Airbnb ROI: 1.08% Traditional ROI: 5.33%
5910 Printemp Drive East Lansing, MI Welcome to 5910 Printemp Driveâan impeccably maintained, elegant 3 bedroom, 3 and a half...	3 beds \| 4 baths \| 2,248 sq.ft.	$339,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 6.96% Airbnb Rental Income: $1402 Traditional Rental Income: $3097 Airbnb ROI: 0.33% 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.	$499,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.36% Airbnb Rental Income: $1461 Traditional Rental Income: $2643 Airbnb ROI: 0.91% Traditional ROI: 4.36%
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.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: 5.14%
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: 1.95% Traditional cash on cash: 6.85% Airbnb Rental Income: $1704 Traditional Rental Income: $2591 Airbnb ROI: 1.95% 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: -0.62% Traditional cash on cash: 3.48% Airbnb Rental Income: $1461 Traditional Rental Income: $3172 Airbnb ROI: -0.62% 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: -0.12% Traditional cash on cash: 6.41% Airbnb Rental Income: $1402 Traditional Rental Income: $2997 Airbnb ROI: -0.12% Traditional ROI: 6.41%
3837 Plover Place East Lansing, MI Newly installed Quartz Kitchen Countertops! Welcome to 3837 Plover Place - a quality-built...	4 beds \| 4 baths \| 3,155 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $3269 Airbnb ROI: N/A Traditional ROI: 4.9%
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: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $3073 Airbnb ROI: N/A Traditional ROI: 5.8%
214 Kedzie Street East Lansing, MI Located within walking distance to the City of Lansing Downtown area. 3 bedrooms and 1.5 b...	3 beds \| 2 baths \| 1,688 sq.ft.	$329,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.82% Airbnb Rental Income: $1500 Traditional Rental Income: $2289 Airbnb ROI: 0.85% Traditional ROI: 4.82%
533 Beech Street East Lansing, MI This classic 3 bed, 2 bath Cape Cod style home is just a short walk to Michigan State Univ...	3 beds \| 2 baths \| 1,620 sq.ft.	$309,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.75% Airbnb Rental Income: $1500 Traditional Rental Income: $2216 Airbnb ROI: 0.79% Traditional ROI: 4.75%
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: -2.67% Traditional cash on cash: 0.97% Airbnb Rental Income: $1346 Traditional Rental Income: $2022 Airbnb ROI: -2.67% 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.	$329,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 6.27% Airbnb Rental Income: $981 Traditional Rental Income: $2934 Airbnb ROI: -1.16% Traditional ROI: 6.27%
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: 0.67% Traditional cash on cash: 3.01% Airbnb Rental Income: $1500 Traditional Rental Income: $1701 Airbnb ROI: 0.67% 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.	$420,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 2.41% Airbnb Rental Income: $1461 Traditional Rental Income: $2616 Airbnb ROI: -1.62% Traditional ROI: 2.41%
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: 0.05% Traditional cash on cash: 5.68% Airbnb Rental Income: $1451 Traditional Rental Income: $2923 Airbnb ROI: 0.05% 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.	$299,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 6.74% Airbnb Rental Income: $1461 Traditional Rental Income: $2786 Airbnb ROI: 0.49% Traditional ROI: 6.74%
220 M. A. C. Avenue #316 East Lansing, MI Location, location, location... some of the most important words in real estate. Perfectly...	2 beds \| 2 baths \| 1,062 sq.ft.	$279,900	Airbnb cash on cash: -2.18% Traditional cash on cash: 0.85% Airbnb Rental Income: $1346 Traditional Rental Income: $1733 Airbnb ROI: -2.18% Traditional ROI: 0.85%
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.	$745,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $3886 Airbnb ROI: N/A Traditional ROI: 2.7%
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: 3.11% Traditional cash on cash: 6.31% Airbnb Rental Income: $1626 Traditional Rental Income: $1777 Airbnb ROI: 3.11% 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: -1.18% Traditional cash on cash: 5.24% Airbnb Rental Income: $1098 Traditional Rental Income: $2354 Airbnb ROI: -1.18% Traditional ROI: 5.24%
6046 Porter Avenue East Lansing, MI Charming 4-Bedroom Bi-Level Home on Expansive Lot in East Lansing! Welcome to this spa...	4 beds \| 2 baths \| 1,446 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.87% Airbnb Rental Income: $null Traditional Rental Income: $2138 Airbnb ROI: N/A Traditional ROI: 3.87%
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.	$369,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 5.25% Airbnb Rental Income: $1461 Traditional Rental Income: $3122 Airbnb ROI: -0.78% Traditional ROI: 5.25%
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: -1.08% Traditional cash on cash: 5.13% Airbnb Rental Income: $981 Traditional Rental Income: $2954 Airbnb ROI: -1.08% Traditional ROI: 5.13%
609 Bainbridge Drive East Lansing, MI Immediate occupancy. East Lansing condo with close proximity to MSU, Capital Loop and 1-96...	2 beds \| 2 baths \| 1,380 sq.ft.	$180,000	Airbnb cash on cash: -2.62% Traditional cash on cash: 4.89% Airbnb Rental Income: $1071 Traditional Rental Income: $1990 Airbnb ROI: -2.62% Traditional ROI: 4.89%
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%
857 Lenna Keith Circle East Lansing, MI Welcome to carefree living. This 2 bedroom, plus a den (office/bedroom) and 2 full baths r...	2 beds \| 2 baths \| 1,406 sq.ft.	$340,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.73% Airbnb Rental Income: $1714 Traditional Rental Income: $1995 Airbnb ROI: -0.63% Traditional ROI: 1.73%

Real Estate investment in East-lansing, MI

There are 51 properties for sale in the city of East Lansing . The median list price in East Lansing is $329,450 and the average price per square foot is $150. 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 $2,598.

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

There are 51 investment properties available for sale in East-lansing.

In 2025, the best neighborhood to buy investment property is Red Cedar.

The ROI for Short-Term is higher than the Long-Term in East-lansing with average rental income of $1,461.

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: -1.78%

Traditional cash on cash: -0.04%

Airbnb Rental Income: $1269

Traditional Rental Income: $1534

Airbnb ROI: -1.78%

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: -0.5%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1413

Traditional Rental Income: $2377

Airbnb ROI: -0.5%

Traditional ROI: 4.11%

793 Tarleton Avenue

East Lansing, MI

3 beds | 3 baths | 2,005 sq.ft.

$290,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $1451

Traditional Rental Income: $2795

Airbnb ROI: -0.38%

Traditional ROI: 6.12%

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: 4.27%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1999

Traditional Rental Income: $1709

Airbnb ROI: 4.27%

Traditional ROI: 5.59%

1613 Parkvale Avenue

East Lansing, MI

3 beds | 2 baths | 1,144 sq.ft.

$225,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $1461

Traditional Rental Income: $1934

Airbnb ROI: 1.08%