1915 Stockman
MtPleasant, MI 48858
- ā beds
- ā baths
- 1,094 sqft
- 11,326 sqft lot
- $169 per sqft
- 1970 build
- – on site
Well-Maintained Duplex Just Minutes from Campus Ć¢âā¬" 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 three well-sized bedrooms and one full bathroom, 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 three 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.
Last checked:
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Last updated May 9, 2025
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MLS# 79080056616 ā
This property is listed in more than one place. See it here.
The Building
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Year Built:1970
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Construction Materials:AluminumSiding
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Architectural Style:Duplex
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Basement:Finished, Full
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Basement:true
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Foundation Details:Basement
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Above Grade Finished Area:1094.0
Room Dimensions
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Living Area:1094.0
The Property
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Parcel Number:170001252400
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.26
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Lot Size Dimensions:75x150
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Zoning Description:Multi-Family
Listing Agent
- Contact info:
- Agent phone:
- (989) 400-6215
- Office phone:
- (989) 400-6215
Taxes
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Tax Legal Description:STOCKMAN ACRES LOT 26 BLK 1
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Tax Annual Amount:3929.0
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Oven, Refrigerator, Range, Washer
Schools
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High School District:MtPleasant
The Community
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Subdivision Name:STOCKMAN ACRES
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Waterfront:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Central Michigan Association of REALTORS, Ā© 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTORĀ® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Bikerās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/5/25
May 5, 2025
|
Listed / Active | REALCOMP | $184,900 |