Building Details

Year Built 1874

Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES Show Phone

Listed By: Robin Stressman · License #6502409992 Show Phone

Source: Exitrealty

Added: Feb 4, 2023 Changed: Sep 29 Last Checked: Sep 29 at 7:00AM

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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 PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

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Investment Insights

Based on property information with market context.

This duplex has a history of successful rentals. It is located within a short walk of Central Michigan University (CMU), downtown, shopping areas, libraries, and parks. The property is located in Mount Pleasant, Michigan.

Key Highlights

• Excellent rental history makes this a solid investment.
• Short walk to CMU, ideal for students or faculty.
• Convenient access to downtown for easy commuting and entertainment.

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Duplex with excellent rental history, near CMU and downtown.

Where is this duplex located?

The property is located at 415 S Franklin Mount 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: Excellent rental history makes this a solid investment.; Short walk to CMU, ideal for students or faculty.; Convenient access to downtown for easy commuting and entertainment.