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!
Contingent
$199,000
1004 S University St, Mount Pleasant, MI 48858
5beds
4baths
3,600sqft
Multi Family
Built in 1900
-- sqft lot
$193,600 Zestimate®
$55/sqft
$-- HOA
What's special
- 93 days |
- 20 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tiffany Sloan-Grocholski 989-944-4167,
COLDWELL BANKER MT. PLEASANT REALTY 989-773-5972
Source: NGLRMLS,MLS#: 1943509
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: $55/sqft
- Tax assessed value: $73,407
- Price range: $199K - $199K
- 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
Estimated market value
$193,600
$184,000 - $203,000
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Contingent | $199,000$55/sqft |
Source:  NGLRMLS #1943509 Report a problem | ||
| 4/6/2026 | Listed for sale | $199,000-7.4%$55/sqft |
Source: NGLRMLS #1943509 Report a problem | ||
| 3/1/2026 | Listing removed | $215,000$60/sqft |
Source:  Realcomp II #79080061537 Report a problem | ||
| 9/24/2025 | Price change | $215,000-8.5%$60/sqft |
Source: NGLRMLS #1938264 Report a problem | ||
| 9/4/2025 | Listed for sale | $235,000+48.3%$65/sqft |
Source: NGLRMLS #1938264 Report a problem | ||
| 8/30/2023 | Sold | $158,500$44/sqft |
Source: Realcomp II #79080010691 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $50,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48858
Nearby schools
GreatSchools rating
- 5/10Fancher SchoolGrades: 3-5Distance: 0.3 mi
- 7/10Mt Pleasant Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Mt. Pleasant Senior High SchoolGrades: 9-12Distance: 0.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Isabella County
- Mount Pleasant
- 48858
- 1004 S University St
Nearby cities
Nearby zip codes
Other Mount Pleasant Topics
