$375,000
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501 S University, Mt Pleasant, MI 48858

Fully Occupied 5-Unit Investment Property on a Corner Lot with Proven Rental History. Fully leased until 2027, with management with good track record in place! Exceptional investment opportunity! This fully occupied 5-unit multifamily property sits proudly on a prime corner lot, offering excellent visibility and curb appeal. With a strong rental history and stable, long-term tenants, this property delivers consistent cash flow and minimal vacancy. Each unit is well-maintained and thoughtfully designed, featuring functional layouts that attract and retain quality renters. The property has been professionally managed and regularly updated, ensuring low maintenance costs and tenant satisfaction. Additional highlights include separate utilities, ample off-street parking, and a convenient location close to public transportation, shopping, and local amenities. Whether youre a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Dont miss your chance to own a solid, income-producing asset in a desirable neighborhood! Unit 1 800 square foot 3 bed 1 bath Unit 2 700 square foot 2 bed 1 bath Unit 3 900 square foot 3 bed 1 bath Unit 4 450 square foot 1 bed 1 bath Unit 5 1000 square foot 4 bed 1 bath Rents Currently $500-$900 per month Leases are signed in place until 2027

  • MLS# 79080064147
  • Date Listed12/03/2025
  • Days on Realty 12 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.18 acres (7,841 sq. ft)
  • Sewer Public Sewer
  • Subdivision N/A
  • Property Type Multi Family
  • County Isabella
  • Year Built 1900
  • Water Public

Interior Features

  • Appliances Oven, Refrigerator, Range
  • Flooring Hardwood
  • Cooling Window Unit(s)
  • Heating Forced Air, Hot Water, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.18
  • Lot Size SQFT 7,840.80
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MI / 48858

Source: Walkscore

81/100

Very Walkable

Walk Score ®

62/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 35/100.

Property Change History

Agent added 34 new photos to the listing
034 photos
Property description updated with new details

Points of Interest near 501 S University, Mt Pleasant, MI 48858

Frequently Asked Questions for 501 S University

Source: Realty.com

501 S University, Mt Pleasant, MI 48858 is a Multi Family, Residential Income property listed for $375,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 34 photos of 501 S University.

Our records indicate that 501 S University was built in 1900.

The full address for this home is 501 S University, Mt Pleasant, MI 48858.

501 S University has been listed on Realty.com since Wed December 03, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 0/100, Bike Score: 35/100.

There are 3 schools assigned to this home. Check out the schools near 501 S University. Ganiard School (Grades: PK - 2), Fancher School (Grades: 3 - 5), Mt. Pleasant Senior High School (Grades: 9 - 12)

Listing provided courtesy of: The Bravado Realty (tel: 989-404-0000)
Listing agent: Mike Henkel (#79000000598272)

This content last refreshed on 2025-12-15 18:29:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 501 S University, Mt Pleasant, MI 48858 : MLS# 79080064147