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Duplex Near CMU and Downtown
For Sale
$160,000

415 S Franklin, Mount Pleasant, MI 48858

Duplex with excellent rental history, near CMU and downtown.

Property SizeContact for details
Days on Market1319

Property Features for 415 S Franklin

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,541

Building Details

Year Built 1874
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: Robin Stressman · License #6502409992
Source: Exitrealty
Added: Jan 21, 2023 Changed: Aug 25 Last Checked: Aug 31 at 3:16PM

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 PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

Investment Insights

Based on property information with market context.

This duplex has a history of successful rentals. It is located within a short walk of Central Michigan University (CMU), downtown, shopping areas, libraries, and parks. The property is located in Mount Pleasant, Michigan.

Key Highlights

  • Excellent rental history makes this a solid investment.
  • Short walk to CMU, ideal for students or faculty.
  • Convenient access to downtown for easy commuting and entertainment.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Veterinary Clinic Bakery

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

996
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with excellent rental history, near CMU and downtown.
Where is this duplex located?
The property is located at 415 S Franklin Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Excellent rental history makes this a solid investment.; Short walk to CMU, ideal for students or faculty.; Convenient access to downtown for easy commuting and entertainment.
More about this property
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