Search
Eight-Bedroom Multifamily Property
For Sale
$245,000

1020 S Lansing, Mt Pleasant, MI 48858

Multi-Family, 2 Story, Mt Pleasant, MI

Property Size2,026 SF
Lot Size0.12 Acres
Price / SF$120.93
Days on Market463

Property Features for 1020 S Lansing

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Zoning description Residential
Exterior features Sidewalk
Appliances Refrigerator, Oven/Range, Washer, Dryer, Freezer
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 Located on S. Lansing between Bellows and Gaylord
Subdivision Isabella
Standard status Active
Size 2,026 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description NORMAL SCHOOL ADD LOT 18 BLK 2 & E 10 FT OF ABUTTING VACATED ALLEY.
Tax Annual Amount 3481
Legal Description NORMAL SCHOOL ADD LOT 18 BLK 2 & E 10 FT OF ABUTTING VACATED ALLEY.

Building Details

Year built 1900
Floors in Building 2
Number of units 1
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: LABELLE REALTY LLC
Listed By: Brandon LaBelle
Added: May 29, 2025 Changed: Sep 3 Last Checked: Sep 3 at 8:06AM
MLS# 1934382

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 licensed rental property offers 2,026 square feet arranged with 8 bedrooms and 3 bathrooms. The frame-built residence dates to 1900 and includes a refrigerator, oven/range, freezer, washer, and dryer. An asphalt roof and sidewalk are also part of the property improvements.

The parcel encompasses 0.12 acres in Mt. Pleasant, Michigan. Its residential classification supports the existing multifamily use, while the current licensed rental status provides an established operating profile. Property size and age are based on public records and should be independently verified by the buyer.

Key Highlights

  • 8‑bedroom, 3‑bath licensed rental property
  • 2,026 square feet on a 0.12‑acre parcel
  • Frame construction with 1900 year built

Property Analytics

Current Use

Multifamily properties

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Licensed rental property equipped with kitchen and laundry appliances for residential income use.
Where is this multifamily property located?
The property is located at 1020 S Lansing Mt 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: 8‑bedroom, 3‑bath licensed rental property; 2,026 square feet on a 0.12‑acre parcel; Frame construction with 1900 year built
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message