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Mt. Pleasant Duplex Investment Opportunity
For Sale
$125,000

628 Oak, Mount Pleasant, MI 48858

Duplex in Mt. Pleasant with immediate cash flow.

Property SizeContact for details
Days on Market132

Property Features for 628 Oak

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $2,699

Building Details

Year Built 1893
Units 2
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: Robin Stressman · License #6502409992
Source: Elliman
Added: Apr 24 Changed: Aug 23 Last Checked: Sep 1 at 8:06PM

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.

Located in Mt. Pleasant, this duplex at 628 Oak Street presents an investment opportunity. The property features two units, each containing two bedrooms and one bathroom, and each with a private entrance. The upper apartment is accessible via an exterior staircase, while the lower unit offers main-level living. Both units are currently rented, providing immediate cash flow. Additional features include a storage garage. The lower unit is leased through February 2027 for $695 per month, and the upper unit is leased through June 2027 for $625 per month. The total monthly income is $1,320, equating to $15,840 annually. The tenant is responsible for utilities and snow removal of the sidewalk and steps. The landlord is responsible for lawn care and snow removal of the driveway. The bike score is 38, indicating it is somewhat bikeable, and the walk score is 5, indicating car-dependent.

Key Highlights

  • Great investment opportunity: Mt. Pleasant duplex with immediate cash flow.
  • Two rented units with long‑term leases expiring in 2027.
  • Each unit features 2 bedrooms and 1 bathroom with private entrances.

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

804
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 in Mt. Pleasant with immediate cash flow.
Where is this duplex located?
The property is located at 628 Oak Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Great investment opportunity: Mt. Pleasant duplex with immediate cash flow.; Two rented units with long‑term leases expiring in 2027.; Each unit features 2 bedrooms and 1 bathroom with private entrances.
More about this property
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