Turnkey 4-Plex with 1-Bed Units

1004 University Street, Mt Pleasant, MI 48858

View on Map

For Sale

$199,000

MULTI_FAMILY - Mt Pleasant, MI

Property size:

3,600 SF

Lot size:

0.14 Acres

Price / SF:

$55/SF

We can help!

Contact an agent

Tiffany Sloan-Grocholski

HighLights

4‑plex that is consistently rented and fully leased
Each unit is a 1‑bedroom/1‑bathroom layout
Located near campus
Frame construction with an asphalt roof
Porch included
Unit appliances include refrigerator and oven/range, plus washer and dryer

For Sale

$199,000

MULTI_FAMILY - Mt Pleasant, MI

Property size:

3,600 SF

Lot size:

0.14 Acres

Price / SF:

$55/SF

Added:: Apr 6, 2026
Days on Market:: 92
Last Refresh:: Jul 6 at 2:06 pm

Property Features for 1004 University Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: Multi-Family
Bathrooms: 4
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Patio and Porch features: Porch
Exterior features: Porch
Appliances: Refrigerator, Oven/Range, Washer, Dryer, Smoke Alarms
Standard status: Active
Size: 3,600 SF
Lot size: 0.14 Acres

Taxes and HOA fees

Tax 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

We can help!

Contact an agent

Tiffany Sloan-Grocholski

Listing agent Tiffany Sloan-Grocholski

Listing office COLDWELL BANKER MT. PLEASANT REALTY 304 E BROADWAY, MT. PLEASANT, MI

Listing date Apr 6, 2026

MLS# 1943509 Listing URL

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.

HighLights

4‑plex that is consistently rented and fully leased
Each unit is a 1‑bedroom/1‑bathroom layout
Located near campus
Frame construction with an asphalt roof
Porch included
Unit appliances include refrigerator and oven/range, plus washer and dryer

Overview

This turnkey 4-plex offers four residential units arranged as 1-bedroom, 1-bath apartments. The property is described as clean and well-maintained, and it is presented as consistently occupied. With a total size of 3,600 square feet, the building is configured to support four separate rental households under one ownership group, which can simplify day-to-day management compared with owning multiple standalone properties.

The property is located at 1004 University Street in Mt. Pleasant, Michigan, within Isabella County. Public remarks indicate it is near campus and has been consistently rented, suggesting tenant demand tied to the surrounding campus area. The listing is also characterized as fully leased.

For buyers seeking a low-maintenance rental ownership experience, this 4-plex is positioned as an income-producing property with established occupancy. Each unit’s 1-bedroom, 1-bath layout is designed for renters looking for a compact, functional setup, and the building’s reported cleanliness and turnkey status may appeal to first-time investors as well as portfolio owners looking to add a multi-unit asset. The offering is available for sale with a stated lot size of 0.14 acres.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Mt Pleasant
County: Isabella
State: Michigan
Longitude: -84.775683
Latitude: 43.59505

Nearby Similar for Sale

$775,000

9,050 SF

Medical Office Building with Basement

Medical office building with on-site parking and a 12-foot basement, plus cannabis approval.

520 N Mission Street, Mt Pleasant, MI 48858

View Details
$865,000

13,586 SF

Multi-Tenant Executive Office Building

Multi-tenant office building with 27 suites, including leased medical and professional offices and updated HVAC and lighting.

1205 S Mission Street, Mt Pleasant, MI 48858

View Details
$524,900

5,600 SF

7-Unit Apartment Building

Well-maintained 7-unit building with updated interiors, including four two-bedroom and three one-bedroom apartments.

3467 S Summerton Road, Mt Pleasant, MI 48858

View Details
$969,900

13,200 SF

15-Unit Multifamily Apartment Building

15-unit multifamily property with access to key employment and entertainment drivers near major regional transportation.

1019 E Broadway Street, Mt Pleasant, MI 48858

View Details
$219,000

2,605 SF

Downtown Office Building with Basement

Office building configured for multiple work areas, conference space, and a full basement in downtown Mt. Pleasant.

209 E Broadway Street, Mt Pleasant, MI 48858

View Details
$215,000

2,002 SF

Remodeled Downtown Mixed-Use Building

Fully remodeled building with storefront frontage and flexible interior space for retail, office, or mixed-use needs.

309 W Michigan, Mt Pleasant, MI 48858

View Details
$210,000

2,240 SF

Downtown Office Building with Dual Entrances

Office building configured for counseling and professional services, featuring two front entrances and convenient nearby parking.

115 S Franklin, Mt Pleasant, MI 48858

View Details
$550,000

7,000 SF

Industrial Warehouse with Office Space

Industrial warehouse includes shop/warehouse space, office area, multiple overhead doors, and a fenced storage yard.

5776 Venture Way, Mt Pleasant, MI 48858

View Details
$299,000

6,120 SF

Freestanding Commercial Building with Parking

Freestanding 6,120 SF building on a half-acre lot with paved parking and CD-4 zoning for flexible commercial use.

1506 W High, Mt Pleasant, MI 48858

View Details
$329,000

2,400 SF

Residential Income Duplex with Apartment

Two connected living units on an acre, featuring multiple skylights, fireplaces, and an oversized 3-car garage.

8941 S Mission Road, Mt Pleasant, MI 48858

View Details
$1,150,000

1,776 SF

Former Bank Drive-Thru Building

Former bank with drive-thru lanes and executive office space for businesses needing customer-friendly vehicle access.

2015 S Mission Street, Mt Pleasant, MI 48858

View Details
$765,000

4,150 SF

Versatile Commercial Space, Mt. Pleasant

4,000+ sq ft commercial space near Soaring Eagle Casino.

5281 E Pickard Street, Mt. Pleasant, MI 48858

View Details

For sale
Quadplexes
MI
Mt Pleasant
48858
1004 University Street

What type of property is this?

Quadplex - Turnkey 4-plex with four 1-bedroom, 1-bath units, consistently rented near campus for straightforward rental management.

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: 4‑plex that is consistently rented and fully leased; Each unit is a 1‑bedroom/1‑bathroom layout; Located near campus

1004 University Street, Mt Pleasant, MI 48858

MULTI_FAMILY - Mt Pleasant, MI

Property Features for 1004 University Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Medical Office Building with Basement

Multi-Tenant Executive Office Building

7-Unit Apartment Building

15-Unit Multifamily Apartment Building

Downtown Office Building with Basement

Remodeled Downtown Mixed-Use Building

Downtown Office Building with Dual Entrances

Industrial Warehouse with Office Space

Freestanding Commercial Building with Parking

Residential Income Duplex with Apartment

Former Bank Drive-Thru Building

Versatile Commercial Space, Mt. Pleasant

FAQs