Building Details

Year Built 1991

Tenancy Multi

Listing Agency: RE/MAX Perrett Associates - Battle Creek s***@yahoo.com Show Phone

Listed By: Scott Micklewright · License #6501341086 Show Phone

Source: Elliman

Added: Jun 1 Changed: Jul 10 Last Checked: Aug 1 at 7:47AM

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Investment Insights

Based on property information with market context.

This well-maintained fourplex at 18864 W Baseline Road is arranged as three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit includes a refrigerator and range, and residents share a laundry room for added convenience. The property also features ample on-site parking. Recent improvements include a brand-new metal roof and a water softener installed this year.

Three of the 2-bedroom units are currently occupied by long-term, multi-year tenants, which can support steadier occupancy and reduced turnover. The property sits on a full 1-acre parcel, providing room for parking and practical day-to-day operations. It is located near The University of Olivet and offers easy access to FireKeepers Casino Hotel.

For buyers seeking a residential income property with an established unit mix, this fourplex offers a straightforward layout and a consistent amenity set through shared laundry and provided major appliances. Its maintained condition and recent exterior and utility upgrades may help reduce near-term property-management concerns while supporting continued tenant satisfaction.

Key Highlights

• 1991‑built fourplex on a full 1‑acre parcel in Olivet
• Unit mix: three 2 bed/1 bath units and one 1 bed/1 bath unit
• Three 2‑bedroom units occupied by long‑term, multi‑year tenants

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Department Store

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

Lease Details

4

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 49076, MI

4,445

Population

1,544

Households

2.9

Avg Household Size

34

Median Age

23%

College-Educated

92%

High-School Grad

57.1 sq mi

ZIP Area

78

Density / Sq Mi

$67,614

Median Household Income

$27,017

Median Earnings

$904

Median Rent

$185,800

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?

Quadplex - Well-maintained fourplex offering three 2-bedroom and one 1-bedroom units with in-unit appliances and shared laundry.

Where is this quadplex located?

The property is located at 18864 W Baseline Road Olivet, MI.

What is the asking price?

The asking price for this property is $319,900.

What are key features of this property?

This property features: 1991‑built fourplex on a full 1‑acre parcel in Olivet; Unit mix: three 2 bed/1 bath units and one 1 bed/1 bath unit; Three 2‑bedroom units occupied by long‑term, multi‑year tenants