805 S Douglas St, Mount Pleasant, MI, 48858
About This Home
INVESTOR OPPORTUNITY. Located just 2.5 blocks from Central Michigan University, this front-and-back duplex offers a total of 12 bedrooms and 3 bathrooms across two attached units, making it a highly desirable rental property. Situated on Douglas Street, which connects to W. Bellows Street at the north end of campus, the property is also within walking distance of downtown Mt. Pleasant. The front unit has hardwood floors and features a living room, dining room, laundry room, kitchen and 8 bedrooms and 2 full baths. The rear unit has a living room, kitchen, bathroom and 4 bedrooms. The property features on-site parking for tenant convenience and is fully rented, providing immediate income for the new owner. Professional property management is already in place, ensuring a seamless transition and hassle-free ownership experience. Gross rents currently are in excess of $27,000/year. This is an excellent opportunity to invest in a well-maintained, high-demand rental property in the heart of a thriving college town. Schedule your showing today to explore the potential of this prime real estate offering.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Foundation: Basement,Crawl
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,1 to 4 Units,Duplex,Investment
Interior
Appliances
- Appliances included: Dryer,Range/Oven,Refrigerator,Washer,Gas Water Heater
- Laundry features: First Floor,Laundry Room
Basement
- Has basement: Yes
- Basement: Block,MI Basement
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Features
- Formal Dining Room
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,434
- Total interior livable area: 2,434 sqft
Property
Details
- Parcel number: 170001033300
- Zoning description: Multi-Family
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Sidewalks,Street Lights
- Waterfront features: None
- Frontage length: 100
Lot
- Lot size: 10,018 sqft
- Features: Cleared,Sloped,Corner Lot,Main Street,Walk to School
- Lot size dimensions: 100 x 100
Parking
- Parking features: 3 or More Spaces,Unassigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Isabella County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $185 | $2,220 |
| Electricity | $265 | $3,185 |
| Total | $1,528 | $18,336 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-03 | Price change | $189,900 |
| 2025-11-03 | Price change | $199,900 |
| 2025-07-30 | Price change | $209,900 |
| 2024-12-26 | Price change | $219,000 |
| 2024-08-22 | Listed for sale | $189,900 |
| 2023-12-19 | Sold | $186,850 |
| 2023-11-20 | Contingent | $189,900 |
| 2023-10-20 | Listed for sale | $189,900 |
View on Zillow