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Jenn Smart

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1909 Stockman , Mount Pleasant, MI 48858
$199,900
Est. Payment: $1,041.71/mo
0 Bed
0 Bath
1480 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Well-Maintained Duplex Just Minutes from Campus – Ideal Investment Opportunity. This spacious and income-generating duplex is located in an incredibly convenient location, just a short walk or quick commute to the university campus. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property with rental income potential, this property offers excellent flexibility and upside. Unit A features a generous layout with five well-sized bedrooms and two full bathrooms, making it ideal for larger student groups, roommates, or families who need extra space. The common areas are roomy and functional, and the layout allows for both privacy and shared living. Unit B is slightly more compact but still offers a comfortable and efficient design with four bedrooms and one full bathroom. It's perfect for smaller groups or individuals seeking affordable housing near campus. Both units are currently leased with reliable tenants in place. However, the rents are below current market value, creating an opportunity for increased cash flow and a stronger return on investment through future rent adjustments. Tenants are responsible for paying their own electricity and heating costs, which helps minimize the operating expenses for the owner. The owner covers trash service and water/sewer utilities, keeping things simple and predictable from a management standpoint. With its strong rental history, close proximity to the university, and significant potential for income growth, this duplex represents a rare chance to own a turnkey property in a high-demand area.

Highlights

Listed by Keith Cotter , 989-400-6215 and Kim Cotter , 989-400-6215 Keller Williams of NM Signature Group , 989-317-4444. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.42

Year Built

1964

County

Isabella

Area

Mount Pleasant (37018)

Neighborhood

Stockman Acres

School District

Mt Pleasant City School District

Listing ID

80066114

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Above Ground Sq Ft:1480
Basement:Finished,Full
Water:Public Water

Exterior Features

Lot Dimensions:123x150
Zoning:Multi-Family
Sewer:Public Sanitary
Principal Interest
$1,042
Taxes
$427

Home Price

$199,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,041.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,041.71 $427.00 $0.00 $1,468.71
Yearly $12,500.48 $5,124.00 $0.00 $17,624.48
Total $375,014.41 $153,720.00 $0.00 $528,734.41
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Mount Pleasant, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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