1909 Stockman Mt Pleasant, MI $ 204,900
1909 Stockman
$ 204,900
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1909 Stockman

Mt Pleasant, MI, 48858
$ 204,900
Baths3.0 Sq 2,960

Monthly Estimate*

$ 1,278

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Studio

Multi-Family Home for sale in Mt Pleasant, MI

for $204,900 with 3 full baths. This 2,960 square foot home was built in 1964 on a lot size of 0.42.

Well-Maintained Duplex Just Minutes from Campus – Ideal Investment Opportunity. This spacious and income-generating duplex is located in an incredibly convenient location, just a short walk or quick commute to the university campus. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with rental income potential, this property offers excellent flexibility and upside. Unit A features a generous layout with five well-sized bedrooms and two full bathrooms, making it ideal for larger student groups, roommates, or families who need extra space. The common areas are roomy and functional, and the layout allows for both privacy and shared living. Unit B is slightly more compact but still offers a comfortable and efficient design with four bedrooms and one full bathroom. It's perfect for smaller groups or individuals seeking affordable housing near campus. Both units are currently leased with reliable tenants in place. However, the rents are below current market value, creating an opportunity for increased cash flow and a stronger return on investment through future rent adjustments. Tenants are responsible for paying their own electricity and heating costs, which helps minimize the operating expenses for the owner. The owner covers trash service and water/sewer utilities, keeping things simple and predictable from a management standpoint. With its strong rental history, close proximity to the university, and significant potential for income growth, this duplex represents a rare chance to own a turnkey property in a high-demand area.

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Multi-Family Active

Price

$ 204,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,124

Style

Ranch

Lot Size

0.42

Year Built

1964

Town/City

Mt Pleasant

County/Region

Isabella

MLS | Web ID

1941309

Features
Interior
Interior Amenities High Speed Internet Cable TV
Basement Finished
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features Laundry Hook-up
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Subject To Tenant Rights
Roof Asphalt
Appliances Refrigerator Oven/Range Dishwasher Washer Dryer
Architectural Style Ranch
Construction Materials Frame Aluminum Siding
Pets Allowed false
Year Built 1964
Township City of Mt. Pleasant
Property Subtype Multi Family
Tax Year 2024
Gross Income 22080
Waterfront Features None
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Isabella
Net Operating Income 16956
Operating Expense 5124
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Stockman Acres
Garage Y/N N
Other Structures None
Rent Includes Trash Collection Water Sewer
Status New
Directions MISSION WEST ON BROOMFIELD NORTH ON STOCKMAN
City Mt Pleasant
High School District Mount Pleasant City School District
Zoning Description Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 18295.2
Carport Y/N N
Tax Annual Amount 5124
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
Tax Assessed Value 81527
Total Actual Rent 1840
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description STOCKMAN ACRES LOT 27 AND S 1/2 VACATED HALL ST
Freehold IDX
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Exterior
Exterior Amenities None
Parking Features None
Water Source Public
Lot Size Area 0.42
Number of Buildings 1
Spa N
Lot Dimensions 123x150
Lot Size Acres 0.42
Road Surface Type Asphalt
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Douglas Day Property Group

Broker

keithdcotter@me.com

Email

Affordability Calculator

$1,705
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,278
Monthly Property Taxes
$427
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
12/22/2025$204,900 Listed Price

Map


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1909 Stockman, Mt Pleasant, MI, 48858 is a Multi-Family Home for sale at $204,900 with 2,960 sqft and a lot size of 0.42. 1909 Stockman is a studio with 3.0 baths and was built in 1964. The property's zip code is 48858 which is in Mt Pleasant, MI