1004 S University St Mount Pleasant, MI 48858
Estimated payment $1,423/month
Highlights
- Porch
- Satellite Dish
- Wood Siding
About This Home
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!
Listing Agent
COLDWELL BANKER MT. PLEASANT REALTY License #6501411786 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,450
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 125x50
- The community has rules related to zoning restrictions
Home Design
- Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,206 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
- Oven or Range
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Natural Gas Water Heater
- Satellite Dish
- Cable TV Available
- TV Antenna
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,450 | $71,200 | $0 | $0 |
| 2024 | $3,450 | $71,200 | $0 | $0 |
| 2023 | $3,450 | $69,100 | $0 | $0 |
| 2021 | $3,174 | $69,100 | $0 | $0 |
| 2020 | $708 | $67,500 | $0 | $0 |
| 2019 | $2,309 | $62,900 | $0 | $0 |
| 2017 | $2,939 | $59,800 | $0 | $0 |
| 2016 | $2,912 | $59,300 | $0 | $0 |
| 2015 | $665,534 | $58,800 | $0 | $0 |
| 2014 | -- | $55,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/24/2025 09/24/25 | Price Changed | $215,000 | -8.5% | $97 / Sq Ft | |
| 09/03/2025 09/03/25 | For Sale | $235,000 | +48.3% | $107 / Sq Ft | |
| 08/30/2023 08/30/23 | Sold | $158,500 | 0.0% | $44 / Sq Ft | View Prior Sale |
| 08/30/2023 08/30/23 | For Sale | $158,500 | -- | $44 / Sq Ft | |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $158,500 | -- | |
| Deed | -- | -- |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1938264
APN: 17-000-09-502-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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