1004 S University Mt Pleasant, MI $ 215,000
1004 S University
$ 215,000
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1004 S University

Mt Pleasant, MI, 48858
$ 215,000
Baths4.0 Sq 2,206

Monthly Estimate*

$ 1,341

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Studio

Multi-Family Home for sale in Mt Pleasant, MI

for $215,000 with 4 full baths. This 2,206 square foot home was built in 1900 on a lot size of 0.14.

Consistently Rented 4-Plex Near Campus – Turnkey Investment Opportunity! In a town full of apartment vacancies... Buy one that's always occupied!! Looking for a low-maintenance, high-demand rental property in a college town? This charming and well-maintained 4-plex is a rare find! Each unit is high demand 1-bedroom/1-bathroom, and the property is consistently occupied—a testament to its prime location and tenant appeal. This hidden gem is just steps from campus and offers a cozy and cute space students love. -Excellent location near campus -Fully leased for 2025 -2026 Annual Income: $34,000 -Clean, cute, and easy to manage -Priced to cash flow from day one Whether you're expanding your portfolio or making your first investment, this income-producing property deserves your attention. Don't miss your chance to own a reliable rental in a high-demand area!

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Multi-Family Active

Price

$ 215,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1900

Town/City

Mt Pleasant

County/Region

Isabella

MLS | Web ID

1938264

Features
Interior
Interior Amenities None Cable TV High Speed Internet WiFi
Basement Full Exterior Entry Unfinished
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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General
Sewer Public Sewer
Heating Hot Water Natural Gas
Possession Close Of Escrow Subject To Tenant Rights
Roof Asphalt
Appliances Refrigerator Oven/Range Washer Dryer Gas Water Heater
Patio/Porch Features Porch
Security Features Smoke Detector(s)
Construction Materials Frame Wood Siding
Pets Allowed false
Year Built 1900
Stories Count 2
Township City of Mt. Pleasant
Levels Two
Property Subtype Multi Family
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Isabella
New Construction N
Property Type Residential Income
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name none
Garage Y/N N
Green Water Conservation Not Applicable
Other Structures None
Rent Includes Trash Collection Snow Removal Water Sewer
Status Active
Directions From Mission. West on Gaylord. South on University. House on right.
City Mt Pleasant
High School District Mount Pleasant City School District
Zoning Description Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N N
Home Warranty Y/N N
Ok to Lease 12 Months
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Mount Pleasant City School District
Elementary School District Mount Pleasant City School District
Total Actual Rent 2890
Ownership Type Private Owner
Leasehold Rent $/Mo 710
Lease Amount Frequency Annually
Legal Description MARTIN ADD LOT 2.
Freehold IDX
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.14
Number of Buildings 1
Spa N
Lot Dimensions 125x50
Lot Size Acres 0.14
Road Surface Type Asphalt
Waterfront Y/N N
Other Equipment Dish TV TV Antenna
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Mt. Pleasant Realty

Broker

(989) 944-4167

Phone

Affordability Calculator

$1,341
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,341
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034587 Elementary School
2034025 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2025$215,000 -8.51% Price Down
9/4/2025$235,000 Listed Price

Map


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1004 S University, Mt Pleasant, MI, 48858 is a Multi-Family Home for sale at $215,000 with 2,206 sqft and a lot size of 0.14. 1004 S University is a studio with 4.0 baths and was built in 1900. The property's zip code is 48858 which is in Mt Pleasant, MI