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Street View
$329,900
Monthly Est:$1,642
-- Bed
- -- Bath
--sqft
501 S University, Mt Pleasant City Isabella, MI 48858
$329,900
$1,642/moEst:
Get Pre-Approved
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

- Originating MLS: Central Michigan Association of REALTORS
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
07/27/2026 Source: | Price Decreased | $329,900 -8.34% $0/sqft |
05/21/2026 Source: | Price Decreased | $359,900 -4.03% $0/sqft |
12/03/2025 Source: | Price Increased | $375,000 +13.67% $0/sqft |
12/03/2025 Source: | Listed for Sale | $329,900 $0/sqft |
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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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