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Sold for $182,500
  • $182,500

    507 S Franklin St, Mount Pleasant, MI 48858

    5beds
    2,356sqft
    Single Family Residence
    Built in 1914
    6,969.6 Square Feet Lot
    $180,200 Zestimate®
    $77/sqft
    $1,893 Estimated rent

    Home value

    $180,200

    $166,000 - $195,000

    $1,893/mo

    Zestimate® history
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    $1,893/mo

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    Rent Zestimate®

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    $1,268/mo

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    $1,268/mo

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    What's special

    Upstairs unitNewly refinished hardwood floorsDownstairs unitSecond kitchenLong drivewayOwn kitchen and entrance
    Welcome to 507 S Franklin St - This charming home is either a two-unit duplex with an active rental license where both or one of the units can be rented out, OR a single-family home with a second kitchen / living space in the basement. House hack your expenses! So many possibilities with this property. Situated in an ideal Mt. Pleasant location, close to the CMU, shopping and nightlife. Walk to everything. There is an upstairs unit and downstairs unit. Live in the upstairs unit 3 bedrooms upstairs (with one and laundry on the main level) and 2 bedrooms downstairs. Each floor has it's own kitchen and entrance. There are so many possibilities, buy and live upstairs while renting out downstairs for additional income, live in the entire property or rent out both units for great income. There are lots of updates: Brand new hot water heater! Newly refinished hardwood floors, newer carpeting, new LVP in the basement, some newer windows. New furnace in '23, improved insulation, freshly painted, AND MORE. Ample parking - long driveway with a garage, nice yard with decking and privacy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carin H. Whybrew 517-719-4967,

    Coldwell Banker Professionals -Okemos

    Source: Greater Lansing AOR,MLS#: 292135MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    • Area: 150.8 Square Feet
    • Dimensions: 13 x 11.6
    Bedroom 2
    • Level: Second
    • Area: 89.88 Square Feet
    • Dimensions: 10.7 x 8.4
    Bedroom 3
    • Level: Second
    • Area: 187.53 Square Feet
    • Dimensions: 13.3 x 14.1
    Bedroom 4
    • Level: Basement
    • Area: 148.33 Square Feet
    • Dimensions: 16.3 x 9.1
    Bedroom 5
    • Level: Basement
    • Area: 175.13 Square Feet
    • Dimensions: 8.3 x 21.1
    Dining room
    • Level: First
    • Area: 154.7 Square Feet
    • Dimensions: 13 x 11.9
    Kitchen
    • Level: First
    • Area: 169.83 Square Feet
    • Dimensions: 11.1 x 15.3
    Laundry
    • Level: First
    • Area: 59.27 Square Feet
    • Dimensions: 9.7 x 6.11
    Living room
    • Level: First
    • Area: 170.61 Square Feet
    • Dimensions: 12.1 x 14.1
    Other
    • Description: Sunroom
    • Level: First
    • Area: 56.71 Square Feet
    • Dimensions: 5.3 x 10.7
    Other
    • Description: Rec Room
    • Level: Basement
    • Area: 328.03 Square Feet
    • Dimensions: 12.1 x 27.11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Microwave, Washer, Refrigerator, Oven, Dryer
    • Laundry: Main Level
    Features
    • Basement: Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,456
    • Total interior livable area: 2,356 sqft
    • Finished area above ground: 1,396
    • Finished area below ground: 960

    Property

    Parking
    • Parking features: Garage
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,969 sqft
    • Dimensions: 66 x 105
    Details
    • Foundation area: 1060
    • Parcel number: 170000206100
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Mount Pleasant
    • Subdivision: None

    Other

    Other facts
    • Listing terms: VA Loan,Cash,Conventional,FHA

    Price history

    DateEventPrice
    12/16/2025Sold$182,500-3.9%$77/sqft
    Source: Greater Lansing AOR #292135 Report a problem
    12/15/2025Pending sale$189,900$81/sqft
    Source: Greater Lansing AOR #292135 Report a problem
    11/25/2025Contingent$189,900$81/sqft
    Source: Greater Lansing AOR #292135 Report a problem
    11/7/2025Price change$189,900-5%$81/sqft
    Source: Greater Lansing AOR #292135 Report a problem
    10/3/2025Price change$199,900-2.5%$85/sqft
    Source: Greater Lansing AOR #291111 Report a problem
    9/12/2025Listed for sale$205,000+43.4%$87/sqft
    Source: Greater Lansing AOR #291111 Report a problem
    6/17/2022Sold$143,000-4.6%$61/sqft
    Source: NGLRMLS #1898966 Report a problem
    5/17/2022Pending sale$149,900$64/sqft
    Source: MiRealSource #50071825 Report a problem
    4/25/2022Listed for sale$149,900$64/sqft
    Source: MiRealSource #50071825 Report a problem
    1/20/2018Listing removed$375
    Source: Partlo Property Management LLC Report a problem
    1/2/2018Listed for rent$375
    Source: Partlo Property Management LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $68,200 -3.5%
    2024$2,972 $70,700 +6.5%
    2023-- $66,400 +3.6%
    2022-- $64,100 +4.4%
    2021-- $61,400 +7.2%
    2020-- $57,300 +7.7%
    2018$3,288 $53,200 +0.8%
    2017$3,288 -0.8%$52,800 +1%
    2016$3,315 $52,300 -4.9%
    2015-- $55,000 +3.8%
    2014-- $53,000 -5.5%
    2011-- $56,100 +0.4%
    2010-- $55,900 +29.7%
    2003-- $43,100

    Find assessor info on the county website

    Neighborhood: 48858

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Mt. Pleasant

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

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    $180,200
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    +$3,604
    With Zillow Showcase(estimated)
    $183,804