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Corner-Lot Duplex
For Sale
$151,900

722 & 722 1/2 N Main St, Mount Pleasant, MI 48858

Two-lot residential income property with long-term tenants and recent exterior maintenance improvements.

Property Size1,052 SF
Days on Market12

Property Features for 722 & 722 1/2 N Main St

General Information

Standard status Active
Size 1,052 SF
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence some repairs to cement porch

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,349

Building Details

Building Size 1,052 SF
Year Built 1895
Units 2
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: Robin Stressman · License #6502409992
Source: Elliman
Added: Aug 20 Changed: Aug 26 Last Checked: Aug 30 at 10:52PM

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

Investment Insights

Based on property information with market context.

This duplex occupies two lots on a corner site and dates to 1895. The property has long-term tenants, with recent work including a new roof over the porch, replacement eavestroughs and downspouts, and repairs to portions of the cement porch.

Located close to downtown at 722 & 722 1/2 N Main St, the property has a Walk Score of 76 and a Bike Score of 69. Its two-lot configuration and established tenancy provide the key operating facts for evaluating this residential income property.

Key Highlights

  • Duplex on a corner lot across 2 lots
  • Built in 1895
  • Long‑term tenants in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Veterinary Clinic

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

873
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

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 - Two-lot residential income property with long-term tenants and recent exterior maintenance improvements.
Where is this duplex located?
The property is located at 722 & 722 1/2 N Main St Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $151,900.
What are key features of this property?
This property features: Duplex on a corner lot across 2 lots; Built in 1895; Long‑term tenants in place
More about this property
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