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$375,000
153 Days On Site

501 S University
Mt Pleasant City, MI 48858

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1900
Built
County:
Isabella
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
501 S University501 S University501 S University501 S University
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Monthly Payment (Est.)

$1,711
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Fully Occupied 5-Unit Investment Property on a Corner Lot with Proven Rental History. Fully leased until 2027, with management with good track record in place! Exceptional investment opportunity! This fully occupied 5-unit multifamily property sits proudly on a prime corner lot, offering excellent visibility and curb appeal. With a strong rental history and stable, long-term tenants, this property delivers consistent cash flow and minimal vacancy. Each unit is well-maintained and thoughtfully designed, featuring functional layouts that attract and retain quality renters. The property has been professionally managed and regularly updated, ensuring low maintenance costs and tenant satisfaction. Additional highlights include separate utilities, ample off-street parking, and a convenient location close to public transportation, shopping, and local amenities. Whether you’re a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Don’t miss your chance to own a solid, income-producing asset in a desirable neighborhood! Unit 1 800 square foot 3 bed 1 bath Unit 2 700 square foot 2 bed 1 bath Unit 3 900 square foot 3 bed 1 bath Unit 4 450 square foot 1 bed 1 bath Unit 5 1000 square foot 4 bed 1 bath Rents Currently $500-$900 per month Leases are signed in place until 2027

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Listing Snapshot
Price 
$375,000
Days On Site 
153 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
1900
MLS® Number 
79080064147
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing first seen on site
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.18
Foundation 
Block
Garage 
Yes
Lease Term 
Other
Levels 
Two
Parking 
DetachedGarage
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
Apartment
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Appliances 
OvenRefrigeratorRange
Basement 
BlockPartial
Cooling 
Window Unit(s)
Flooring 
Hardwood
Heating 
Forced AirHot WaterNatural Gas
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Community Features
Financing Terms Available 
CashFHAVA Loan1031 ExchangeTrade
MLS Area 
Area37112MountPleasant
School District 
MtPleasant
Schools
School District
MtPleasant
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of THE BRAVADO REALTY: (989) 404-0000



IDX provided courtesy of Realcomp II Ltd. via CentralMichiganAssociationofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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