1004 S University Mount Pleasant, MI ^$ 215,000

1004 S University

^$ 215,000

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1004 S University

Mount Pleasant, MI, 48858

^$ 215,000

Studio Baths0.0

Monthly Estimate*

^$ 1,341

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Studio

Multi-Family Home for sale in Mount Pleasant, MI

for $215,000. This home was built in 1900 on a lot size of 0.14.

Consistently Rented 4-Plex Near Campus Ã¢â¬â 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 occupiedÃ¢â¬âa 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!

Multi-Family Active

Price

^$ 215,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1900

Town/City

Mount Pleasant

County/Region

Isabella

MLS | Web ID

80061537

Features

General

Heating Hot Water

Possession At Close

Water Public Water

Appliances Dryer Range/Oven Refrigerator Washer

Status Active Active

Year Built 1900

Subdivision none MI

Water Heater Gas

County Isabella

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Pleasant

Section 22

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

Structure Style 2 Story

Area Mount Pleasant (37018)

Primary City Mount Pleasant

Directions From Mission. West on Gaylord. South on University. House on right.

City Mount Pleasant

School District Mt Pleasant City School District

Financial Terms Cash

Legal Description MARTIN ADD LOT 2.

DOM 91

Postal Code 48858

Public Remarks Consistently Rented 4-Plex Near Campus Ã¢â¬â Turnkey Investment Opportunity! In a town full of apartment vacancies... Buy one that's always occupied!! Looking for a low-maintenance

Interior

Basement Full Outside Entrance

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Wood

Exterior Amenities Porch

Lot Size Area 0.14

Lot Dimensions 125x50

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Tiffany Sloan-Grocholski

Listing Agent

Coldwell Banker Mt. Pleasant Realty

Broker

realtortif@gmail.com

Affordability Calculator

$1,341

Per Month

Monthly Principal & Interest: $1,341
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Mount Pleasant, MI

Average List Price ^$274,512

Percent of Sale Price 28%

About Mount Pleasant, MI

27,234 Population

8% Since 2002

^$34,636 Median Income

21.72 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2801046 Elementary School

2801044 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/24/2025	$215,000	-8.51%	Price Down
9/4/2025	$235,000		Listed Price

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1004 S University, Mount Pleasant, MI, 48858 is a Multi-Family Home for sale at $215,000 with a lot size of 0.14. 1004 S University is a studio with 0.0 baths and was built in 1900. The property's zip code is 48858 which is in Mount Pleasant, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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1004 S University

Multi-Family Home for sale in Mount Pleasant, MI

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