Duplex Residential Income
For Sale
$160,000
415 S Franklin, Mt Pleasant, MI 48858
MULTI_FAMILY - Mt Pleasant, MI
Property Size1,399 SF
Lot Size0.16 Acres
Price / SF$114.37
Days on Market1448
Property Features for 415 S Franklin
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential,Multi-Family
Zoning description
Residential, Multi-Family
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Interior features
Laundry Hook-up, Storage Space
Exterior features
Landscaped
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
From Broadway, south of Franklin for four blocks.
Subdivision
Isabella
Standard status
Active
Size
1,399 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Original Plat Lot 7 Block 37
Legal Description
Original Plat Lot 7 Block 37
Building Details
Year built
1874
Floors in Building
2
Number of units
2
Building materials
Frame
Roof type
Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency:
PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
(989) 317-8352
Listed By:
Robin Stressman · License #6502409992
(989) 773-4387
Added: Aug 18, 2022
Changed: Aug 3
Last Checked: Aug 4 at 8:06AM
MLS# 1904009
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 duplex residential income property features two units under one roof, positioned on a 0.16-acre lot totaling 1,399 square feet. The offering is presented for sale with a documented rental history, supported by the seller’s remarks.
Located at 415 S Franklin in Mt. Pleasant, the property is described as a short walk to Central Michigan University, downtown, shopping, libraries, and parks. The Residential, Multi-Family zoning designation aligns with multi-family use within the area.
For buyers seeking a duplex with established rental activity, this configuration can support straightforward operations as a two-unit rental property. The mix of nearby everyday destinations described in the remarks may also support tenant convenience, while the multi-family zoning provides a clear framework for continued residential rental use within the property type.
Located at 415 S Franklin in Mt. Pleasant, the property is described as a short walk to Central Michigan University, downtown, shopping, libraries, and parks. The Residential, Multi-Family zoning designation aligns with multi-family use within the area.
For buyers seeking a duplex with established rental activity, this configuration can support straightforward operations as a two-unit rental property. The mix of nearby everyday destinations described in the remarks may also support tenant convenience, while the multi-family zoning provides a clear framework for continued residential rental use within the property type.
Key Highlights
- Duplex with 3 bathrooms listed (Bathroom 1, Bathroom 2, Bathroom 3)
- Built in 1874 with frame construction
- Asphalt roof
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offering 2 units on a compact lot, with proximity to campus, downtown, and community amenities.
Where is this duplex located?
The property is located at 415 S Franklin Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex with 3 bathrooms listed (Bathroom 1, Bathroom 2, Bathroom 3); Built in 1874 with frame construction; Asphalt roof
