805 S Douglas Drive Mt Pleasant, MI $ 189,900
805 S Douglas Drive
$ 189,900
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805 S Douglas Drive

Mt Pleasant, MI, 48858
$ 189,900
Baths0.0 Sq 2,434

Monthly Estimate*

$ 1,169

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Studio

Multi-Family Home for sale in Mt Pleasant, MI

for $189,900. This 2,434 square foot home was built in 1917 on a lot size of 0.23.

Investors take note--land contract terms will be considered! Located just 2.5 blocks from Central Michigan University, this front-and-back duplex offers a total of 12 bedrooms and 3 bathrooms across two attached units, making it a highly desirable rental property. Situated on Douglas Street, which connects to W. Bellows Street at the north end of campus, the property is also within walking distance of downtown Mt. Pleasant. The front unit has hardwood floors and features a living room, dining room, laundry room, kitchen and 8 bedrooms and 2 full baths. The rear unit has a living room, kitchen, bathroom and 4 bedrooms. The property features on-site parking for tenant convenience and is fully rented, providing immediate income for the new owner. Professional property management is already in place, ensuring a seamless transition and hassle-free ownership experience. Gross rents currently are in excess of $27,000/year. This is an excellent opportunity to invest in a well-maintained, high-demand rental property in the heart of a thriving college town. Schedule your showing today to explore the potential of this prime real estate offering.

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Multi-Family Active

Price

$ 189,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,963

Style

Lot Size

0.23

Year Built

1917

Town/City

Mt Pleasant

County/Region

Isabella

MLS | Web ID

1942316

Features
Interior
Interior Amenities Cable TV WiFi
Basement Michigan Basement
Flooring Hardwood
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
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General
Sewer Public Sewer
Heating Forced Air
Possession Close Of Escrow
Roof Asphalt
Appliances Refrigerator Oven/Range Washer Dryer
Patio/Porch Features Porch
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1917
Stories Count 2
Township Mt Pleasant
Levels Two
Property Subtype Multi Family
Tax Year 2024
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
Subdivision Name unknown
Garage Y/N N
Other Structures None
Rent Includes None
Status Active
Directions SE corner of W High Street and S Douglas Street
City Mt Pleasant
High School District Mount Pleasant City School District
Zoning Description Residential Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Tax Annual Amount 5963.98
Home Warranty Y/N N
Ok to Lease Month To Month
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 93400
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description NELSON ADD W 1/2 LOT 1-2-3-4 BLOCK 3
Freehold IDX
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Exterior
Parking Features None
Water Source Public
Lot Size Area 0.23
Foundation Details Block
Number of Buildings 1
Spa N
Lot Dimensions 100x100
Lot Size Acres 0.23
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Webb Property Group

Broker

tom@tomwebb.com

Contact

Affordability Calculator

$1,666
Per Month
70%
30%
0%
Monthly Principal & Interest
$1,169
Monthly Property Taxes
$497
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/16/2026$189,900 Listed Price

Map


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805 S Douglas Drive, Mt Pleasant, MI, 48858 is a Multi-Family Home for sale at $189,900 with 2,434 sqft and a lot size of 0.23. 805 S Douglas Drive is a studio with 0.0 baths and was built in 1917. The property's zip code is 48858 which is in Mt Pleasant, MI