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4-Plex with One-Bedroom Units
For Sale
$199,000

1004 University Street, Mt Pleasant, MI 48858

MULTI_FAMILY - Mt Pleasant, MI

Property Size3,600 SF
Lot Size0.14 Acres
Price / SF$55.28
Days on Market138

Property Features for 1004 University Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Zoning description Multi-Family
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Patio and Porch features Porch
Exterior features Porch
Appliances Refrigerator, Oven/Range, Washer, Dryer, Smoke Alarms
Elementary school district Mount Pleasant City School District
Middle school district Mount Pleasant City School District
High school district Mount Pleasant City School District
Directions From Mission. West on Gaylord. South on University. House on right.
Subdivision Isabella
Standard status Active
Size 3,600 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description MARTIN ADD LOT 2.
Legal Description MARTIN ADD LOT 2.

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: COLDWELL BANKER MT. PLEASANT REALTY
Listed By: Tiffany Sloan-Grocholski
Added: Apr 6 Changed: Aug 2 Last Checked: Aug 21 at 6:06AM
MLS# 1943509

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex is a four-unit Multi-Family property featuring one-bedroom, one-bathroom units. The exterior includes a porch, and the home is constructed with frame materials. An asphalt roof tops the building, and it was built in 1900. Appliances included are refrigerators, oven/ranges, washers, dryers, and smoke alarms.

Located at 1004 University Street in Mt Pleasant, MI 48858 (Isabella County), the property is described as consistently occupied and near campus.

With a lot size of 0.14 acres and a total property size of 3,600 square feet, this 4-plex offers an income-focused residential setup designed for straightforward management.

Key Highlights

  • Four one‑bedroom, one‑bath units in a quadplex setup
  • 0.14‑acre lot size
  • 3,600 square feet total property size

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Bakery Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Multi-Family 4-Plex with four one-bedroom, one-bath units and a porch.
Where is this quadplex located?
The property is located at 1004 University Street Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units in a quadplex setup; 0.14‑acre lot size; 3,600 square feet total property size
More about this property
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