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Licensed Duplex With Tenant-Ready Unit
For Sale
$225,000

1916 Stockman Road, Mt Pleasant, MI 48858

Multi-Family, Duplex, Mt Pleasant, MI

Property Size2,320 SF
Lot Size0.26 Acres
Price / SF$96.98
Days on Market56

Property Features for 1916 Stockman Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Zoning description Residential
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Exterior features Sidewalk
Appliances Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Window A/C Unit (s), Blinds, Natural Gas Water Heater
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 Broomfield to Stockman Rd
Subdivision Isabella
Standard status Active
Size 2,320 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description STOCKMAN ACRES LOT 21 BLK 1
Legal Description STOCKMAN ACRES LOT 21 BLK 1

Building Details

Year built 1955
Number of units 2
Building materials Frame
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams of NM Signature Group · Keller Williams Realty
Listed By: Gavin Percha
Added: Jul 20 Changed: Sep 12 Last Checked: Sep 13 at 12:06PM
MLS# 1948243

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 2,320-square-foot frame duplex was built in 1955 and carries a residential zoning designation. The property includes two bathrooms, separate upper and lower living areas, and a rental license. The upper unit is available for occupancy, while the lower unit is leased from August 1, 2026, through July 30, 2027.

Located on Stockman Road in Mt Pleasant, the 0.26-acre property includes a sidewalk and an asphalt roof. Interior equipment includes a refrigerator, oven/range, dishwasher, washer, dryer, window air-conditioning units, blinds, and a natural gas water heater.

Key Highlights

  • 2,320‑square‑foot duplex on a 0.26‑acre lot
  • Lower unit leased from 8/1/2026 to 7/30/2027
  • Upper unit available for tenants or owner occupancy

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Law Firm Dental Office

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

254
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential duplex with an active rental license, separate living areas, and a tenant-occupied lower level.
Where is this duplex located?
The property is located at 1916 Stockman Road Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,320‑square‑foot duplex on a 0.26‑acre lot; Lower unit leased from 8/1/2026 to 7/30/2027; Upper unit available for tenants or owner occupancy
More about this property
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