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Sold for $167,500
  • $167,500

    1915 Stockman Rd, Mount Pleasant, MI 48858

    6beds
    2baths
    2,188sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $167,400 Zestimate®
    $77/sqft
    $1,282 Estimated rent

    Home value

    $167,400

    $159,000 - $176,000

    $1,282/mo

    Zestimate® history
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    $1,282/mo

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    $1,174/mo

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    $1,174/mo

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    What's special

    Three well-sized bedroomsThree bedrooms
    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 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Cotter 989-400-6215,

    Keller Williams of NM Signature Group 989-317-4444,

    Kim Cotter 989-621-7631,

    Keller Williams of NM Signature Group

    Bought with:

    Rachel Shoemaker, 6501440679

    FIVE STAR REAL ESTATE - MT. PLEASANT

    Source: NGLRMLS,MLS#: 1942966MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
    • Laundry: Laundry Hook-up
    Features
    • Cable TV, High Speed Internet
    • Basement: Finished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,188
    • Total interior livable area: 2,188 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: None
    • Waterfront features: None
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    Details
    • Additional structures: None
    • Parcel number: 170001252400
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Aluminum Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: Stockman Acres
    Location
    • Region: Mount Pleasant

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $64,178
    • Annual tax amount: $3,929
    • Price range: $167.5K - $167.5K
    • Date on market: 3/13/2026
    • Cumulative days on market: 111 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Lease term: 12 Months
    • Total actual rent: 1555
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/1/2026Sold$167,500-4.2%$77/sqft
    Source: NGLRMLS #1942966 Report a problem
    3/6/2026Price change$174,900-2.8%$80/sqft
    Source: NGLRMLS #1941307 Report a problem
    12/22/2025Listed for sale$179,900$82/sqft
    Source: NGLRMLS #1941307 Report a problem
    11/6/2025Listing removed$179,900$82/sqft
    Source: Realcomp II #79080056616 Report a problem
    7/10/2025Price change$179,900-2.7%$82/sqft
    Source: NGLRMLS #1933283 Report a problem
    5/5/2025Listed for sale$184,900$85/sqft
    Source: NGLRMLS #1933283 Report a problem
    4/8/2018Listing removed$1,050
    Source: The Douglas Day Property Group, LLC Report a problem
    12/19/2017Listed for rent$1,050
    Source: The Douglas Day Property Group, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $67,000 +4.9%
    2024$3,732 $63,900 -3.9%
    2023-- $66,500 +10.1%
    2022-- $60,400 +2.7%
    2021-- $58,800 +6.9%
    2020-- $55,000 +2.8%
    2018$3,307 $53,500 -0.2%
    2017$3,307 +0%$53,600 +0.2%
    2016$3,306 $53,500 -0.2%
    2015-- $53,600 +5.3%
    2014-- $50,900 +1.8%
    2011-- $50,000 -2%
    2010-- $51,000 +7.1%
    2003-- $47,600
    Find assessor info on the county website

    Neighborhood: 48858

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mount Pleasant City School District

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $167,400
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    With Zillow Showcase(estimated)
    $170,748