Three-Unit Apartment
For Sale
$215,000
433 S Washington St, Mount Pleasant, MI 48858
Fully leased triplex with multiple renovated units and a corner position in downtown Mount Pleasant.
Property Size1,515 SF
Price / SF$141.91
Days on Market688
Property Features for 433 S Washington St
General Information
Standard status
Active
Size
1,515 SF
Property subtype
Multifamily
Zoning
CD-3
Occupancy
100%
Additional Details
Road Access
Yes
Multifamily Units
3
Building Details
Building Size
1,515 SF
Year Built
1874
Buildings
1
Stories
2
Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Andrew Goble
(248) 476-3700
Source:
Cpix.resimplifi
Added: Oct 14, 2024
Changed: Aug 30
Last Checked: Aug 30 at 12:32AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This three-unit apartment property provides a fully leased configuration with improvements completed at the individual unit level. Unit 1E includes a full remodel, washer and dryer hookups, a new furnace, updated kitchen and bathroom, new electrical service including the panel, and a new front door. Unit 1W features a remodeled bathroom and kitchenette, refinished hardwood flooring, updated electrical service, and a new front door. Unit 2 has a renovated bathroom and kitchen, new electrical service including the panel, updated light fixtures and cabinets, plus a washer and dryer.
The building occupies the northeast corner of S Washington St and E Locust St in Mount Pleasant, MI. Constructed in 1874, the property is identified under CD-3 zoning and is located in downtown Mount Pleasant.
The building occupies the northeast corner of S Washington St and E Locust St in Mount Pleasant, MI. Constructed in 1874, the property is identified under CD-3 zoning and is located in downtown Mount Pleasant.
Key Highlights
- Fully leased three‑unit apartment property
- Unit 1E fully remodeled with new furnace, kitchen, bath, electrical panel, and front door
- Unit 1W includes updated bath and kitchenette, refinished hardwood, electrical panel, and front door
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
968
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
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Frequently Asked Questions
What type of property is this?
Triplex - Fully leased triplex with multiple renovated units and a corner position in downtown Mount Pleasant.
Where is this triplex located?
The property is located at 433 S Washington St Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully leased three‑unit apartment property; Unit 1E fully remodeled with new furnace, kitchen, bath, electrical panel, and front door; Unit 1W includes updated bath and kitchenette, refinished hardwood, electrical panel, and front door
