$869,000
Mount Pleasant, MI 48858
MLS# 25048541
1 / 9
Property Description
Wonderful Downtown Mt. Pleasant Multi-families for sale. This sale is a two-property portfolio in a prime location sitting directly in the downtown district and just 5 minutes away from Central Michigan University. If you ever hoped to own college rental properties, here's your chance to get in small, grow big! 109 Illinois is a 5 unit property, fully occupied with a 3 Bedroom Terrace on the bottom floor, 1- and 2-bedroom units on the first floor, and a 1 Studio unit and a 2-bedroom unit on the second floor. In addition, the units have underwent many updates which include the kitchen, bathroom, fixtures, et cetera. 304 Main is directly next door and included in this sale! 433 S. Washington, Mt. Pleasant (3 units - occupied) is included 5048 McLean Street, Swartz Creek, MI (SFR)
Details
Maps
Location Property Info
County: Isabella
Street #: 109
Street Name: Illinois
Suffix: Street
State: MI
Zip Code: 48858
Area: Isabella County - 27
OfficeContract Info
Status: Active
Current Price: $869,000
List Price: $869,000
Listing Date: 2025-09-20
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Lot Dimensions: 66.00 x 100.40
Year Built: 1922
New Construction: No
Road Frontage: 66
Total # Units: 5
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 5
Waterfront: No
Body of Water: Lake Leroy
Statewide Lakes & Rivers: Lake Leroy
School District: Isabella
Tax Info
Tax ID #: 17-000-00-494-00
Taxable Value: 98835
SEV: 118700
For Tax Year: 2023
Seller's Annual Property Tax: 6588
Tax Year: 2023
Access Feat
Accessibility Features: No
Unit 1
Unit Description: Apartment
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Apartment
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Apartment
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: Apartment
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: Studio
Occupied: Yes
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Gas Dryer Hookup; Washer Hookup
Exterior Material: Brick
Substructure: Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Public Sewer
Owner Pays: Electricity; Gas
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office: Shareholders Real Estate, Mana
Listing Agent: Nathaniel Hudson
Last Updated: January - 12 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.