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Two-House Multifamily Property
For Sale
Under Contract
$165,000

406 S Kinney, Mt Pleasant, MI 48858

Multi-Family, 2 Story, Ranch, Mt Pleasant, MI

Property Size1,759 SF
Lot Size0.21 Acres
Price / SF$93.80
Days on Market151

Property Features for 406 S Kinney

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Residential
Zoning description Residential
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Interior features Laundry Hook-up, Drywall
Exterior features Sidewalk
Fireplace 1
Appliances Refrigerator, Oven/Range, Washer, Dryer
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 On Kinney St South of Wisconsin, North of Locust on West side of street.
Subdivision Isabella
Standard status Active Under Contract
Size 1,759 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description KINNEY ADD LOT 4 BLOCK 29
Tax Annual Amount 4626
Legal Description KINNEY ADD LOT 4 BLOCK 29

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Building materials Frame
Roof type Asphalt
Architectural style Ranch, Other
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: Robin Stressman · License #6502409992
Added: Apr 16 Changed: Sep 10 Last Checked: Sep 13 at 6:06AM
MLS# 1943857

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 multifamily property includes two separate houses totaling 1,759 square feet. The residence at 406 S. Kinney has five bedrooms and two bathrooms, while 404 S. Kinney provides one bedroom and one bathroom. Both homes feature frame construction, asphalt roofing, drywall, and laundry hookups. Appliances include refrigerators, ovens/ranges, washers, and dryers. A fireplace is also present, and the property was built in 1880 with ranch-style architecture.

The 0.21-acre property is located on S. Kinney Boulevard near Sacred Heart Church in Mt Pleasant. Sidewalk access serves the site. The five-bedroom unit is leased through the end of September 2027, and the one-bedroom unit is leased through October 2027. Showings require at least 24 hours' notice.

Key Highlights

  • Two houses on one 0.21‑acre multifamily property
  • 1,759 square feet with a five‑bedroom unit and a one‑bedroom unit
  • 406 S. Kinney includes 5 bedrooms and 2 baths

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,080
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential income property with separate five-bedroom and one-bedroom units, laundry hookups, and included appliances.
Where is this multifamily property located?
The property is located at 406 S Kinney Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two houses on one 0.21‑acre multifamily property; 1,759 square feet with a five‑bedroom unit and a one‑bedroom unit; 406 S. Kinney includes 5 bedrooms and 2 baths
More about this property
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