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Licensed Rental Property For Sale
For Sale
$245,000

1020 S Lansing, Mount Pleasant, MI 48858

8 bedroom, 3 bath licensed rental property.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market153

Property Features for 1020 S Lansing

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,481

Building Details

Year Built 1900
Units 1
Listing Agency: LABELLE REALTY LLC
Listed By: Brandon LaBelle · License #6502340665
Source: Elliman
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 23 at 7:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LABELLE REALTY LLC

Investment Insights

Based on property information with market context.

This is an 8-bedroom, 3-bath licensed rental property. It is zoned CD-3. The age and square footage are taken from public records and should be verified by the buyer.

Key Highlights

  • Licensed rental property
  • Zoned CD‑3
  • Features 8 bedrooms and 3 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

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

Location Intelligence

Trade Area within ½ mile

716
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 8 bedroom, 3 bath licensed rental property.
Where is this apartment building located?
The property is located at 1020 S Lansing Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Licensed rental property; Zoned CD‑3; Features **8 bedrooms** and 3 baths
More about this property
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