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Sold for $181,000
  • $181,000

    1004 S University St, Mount Pleasant, MI 48858

    5beds
    4baths
    3,600sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $184,900 Zestimate®
    $50/sqft
    $1,252 Estimated rent

    Home value

    $184,900

    $176,000 - $194,000

    $1,252/mo

    Zestimate® history
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    $1,252/mo

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    $1,237/mo

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    $1,237/mo

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    What's special

    Consistently Rented 4-Plex near campus-Turnkey Investment Opportunity! In a town full of apartment vacancies/buy one that's always occupied!! Looking for a low-maintenance, high-demand rental property in a college town? This charming and well-maintained 4 plex is a rare find! Each unit is high demand 1-bedroom/1-bathroom, and the property is consistently occupied--a testament to its prime location and tenant appeal. This hidden gem is just steps from campus and offers a cozy and cute space students love. Excellent location near campus-Fully Leased-Clean, cute and easy to manage. Priced to cash flow from day one. Whether you're expanding your portfolio or making your first investment, this income-producing property deserves your attention. Don't miss your chance to own a reliable rental in a high-demand area!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Sloan-Grocholski 989-944-4167,

    COLDWELL BANKER MT. PLEASANT REALTY 989-773-5972

    Bought with:

    Keith Cotter

    Keller Williams of NM Signature Group

    Source: NGLRMLS,MLS#: 1943509MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Washer, Dryer
    Features
    • None, Cable TV, High Speed Internet, WiFi
    • Basement: Full,Exterior Entry,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Waterfront features: None
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 125 x 50
    Details
    • Additional structures: None
    • Parcel number: 170000950200
    • Zoning description: Multi-Family
    • Other equipment: Dish TV, TV Antenna

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Wood Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Not Applicable
    • Water conservation: Not Applicable

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: None
    Location
    • Region: Mount Pleasant

    Financial & listing details

    • Price per square foot: $50/sqft
    • Tax assessed value: $73,407
    • Price range: $181K - $181K
    • Date on market: 4/6/2026
    • Cumulative days on market: 94 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Lease term: 12 Months
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/9/2026Sold$181,000-9%$50/sqft
    Source: NGLRMLS #1943509 Report a problem
    4/29/2026Contingent$199,000$55/sqft
    Source: NGLRMLS #1943509 Report a problem
    4/6/2026Listed for sale$199,000-7.4%$55/sqft
    Source: NGLRMLS #1943509 Report a problem
    3/1/2026Listing removed$215,000$60/sqft
    Source: Realcomp II #79080061537 Report a problem
    9/24/2025Price change$215,000-8.5%$60/sqft
    Source: NGLRMLS #1938264 Report a problem
    9/4/2025Listed for sale$235,000$65/sqft
    Source: NGLRMLS #1938264 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $75,700 +6.3%
    2024$3,450 $71,200 -0.3%
    2023-- $71,400 +3.3%
    2022-- $69,100 +0.4%
    2021-- $68,800 +1.9%
    2020-- $67,500 +10.7%
    2018$2,952 $61,000 +2%
    2017$2,952 +0.5%$59,800 +0.8%
    2016$2,939 $59,300 +0.9%
    2015-- $58,800 +6.7%
    2014-- $55,100 +7.6%
    2011-- $51,200
    2010-- $51,200 +1.6%
    2003-- $50,400
    Find assessor info on the county website

    Neighborhood: 48858

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mount Pleasant City School District

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $184,900
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    +$3,698
    With Zillow Showcase(estimated)
    $188,598