Building Details

Year Built 1991

Units 4

Tenancy Multi

Listing Agency: Pearse Realty, Inc.

Listed By: Scott Micklewright Show Phone

Source: Elliman

Added: Jun 1 Changed: Aug 21 Last Checked: Sep 10 at 8:01AM

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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 Pearse Realty, Inc.

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

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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

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Quadplex with New Metal Roof

18864 W Baseline Road, Olivet, MI 49076

$319,900

1.00 Acre

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Triplex with Basement

114 Kalamo, Olivet, MI 49076

$30,000

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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