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Listing view 3

304 S Main, 
Mount Pleasant, MI 48858

$934,900

—

Bed

12

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Stephan Brochu

RE/MAX Platinum - Grand Blanc

810-695-4111

Last updated:

September 11, 2026, 10:58 AM

MLS#

61027184

Source:

MI REALSOURCE

About This Home

304 S Main

Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking distance of Central Michigan University, these properties offer an excellent opportunity for student rentals and investment potential. 109 W. Illinois St. (170000049400) offers 5 units, 304 S. Main St. (170000049300) offers 4 units, and 433 S. Washington St. (170000202900) offers 3 units. All three properties are ideally located near CMU, restaurants, shopping and public transit, and have a strong historical record of full occupancy, making this a compelling opportunity for investors seeking an established multifamily portfolio.

Home Facts

Multi-Family

12 Baths

Built in 1879

Price Summary

934,900

MLS #:

61027184

Last Updated:

September 11, 2026, 10:58 AM

Added:

11 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

12

Structure

Structure

Year Built:

1879

Lot

Lot Size (Sq. Ft):

21,780

Finances & Disclosures

Finances

Price:

$934,900

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.