For Sale
Multi family home for sale at 501 S University, Mt Pleasant City Isabella, MI 48858 | MLS# 79080064147 | Listing updated on 2026-07-30
Photo 1 of Multi family home for sale at 501 S University, Mt Pleasant City Isabella, MI 48858 | MLS# 79080064147 | Listing updated on 2026-07-30
Photo 2 of Multi family home for sale at 501 S University, Mt Pleasant City Isabella, MI 48858 | MLS# 79080064147 | Listing updated on 2026-07-30
Photo 3 of Multi family home for sale at 501 S University, Mt Pleasant City Isabella, MI 48858 | MLS# 79080064147 | Listing updated on 2026-07-30
Photo 4 of Multi family home for sale at 501 S University, Mt Pleasant City Isabella, MI 48858 | MLS# 79080064147 | Listing updated on 2026-07-30
30+
Beds Icon

Street View

$329,900

Monthly Est:$1,642

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

501 S University, Mt Pleasant City Isabella, MI 48858

$1,642/moEst:

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  • Multi Family

  • Built in 1900

  • $-- HOA

  • 7,840.8 sqft lot

  • --/sqft

Description

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 you’re a seasoned investor or looking to expand your portfolio, this turnkey property offers immediate income and long-term growth potential. Don’t 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

  • Houzeo last checked: 13 minutes ago
  • Listing updated: July 30, 2026 at 3:22 pm
  • Listing Provided by: Mike Henkel | THE BRAVADO REALTY (989) 404-0000
  • Source: Realcomp MLS-MI | MLS#: 79080064147 Realcomp MLS-MI
  • Originating MLS: Central Michigan Association of REALTORS

Part of

Building
501 S University
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Isabella County

  • City

    Mt Pleasant City Isabella

  • Neighborhood

    --

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    7,840.8 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    79080064147

  • MLS Status

    Active

  • Days on Market

    311

  • Cumulative Days on Market

    239

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    Hardwood

  • Cooling

    Window Units

  • Heating

    Forced Air, Hot Water, Natural Gas

  • Appliances

    Oven, Refrigerator, Range

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Architectural Style

    Apartment

  • Foundation Details

    Basement, Block, Michigan Basement

Utilities & Energy

  • Water Source

    Public

  • Basement

    Block, Partial

  • Parking Features

    Detached, Garage

Other Features

  • Subdivision Name

    N/a

Price History

DateEventPrice

07/27/2026

Source: mls_logoRealcomp MLS-MI #79080064147

Price Decreased

$329,900 -8.34%

$0/sqft

05/21/2026

Source: mls_logoRealcomp MLS-MI #79080064147

Price Decreased

$359,900 -4.03%

$0/sqft

12/03/2025

Source: mls_logoRealcomp MLS-MI #79080064147

Price Increased

$375,000 +13.67%

$0/sqft

12/03/2025

Source: mls_logoRealcomp MLS-MI #79080064147

Listed for Sale

$329,900

$0/sqft

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 11, 2026, 03:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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