Pending

18864 W Baseline Road

Olivet, Michigan 49076

$319,900 $1,348/Mo

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Overview

Bed

Bath

Acre(Lot)

Description

This well-maintained fourplex in Olivet presents a strong income-producing opportunity with built-in stability and future upside. Situated on a full 1-acre parcel, the property includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit -- a desirable unit mix that appeals to a broad tenant base.Three of the 2-bedroom units are occupied by long-term, multi-year tenants, providing consistent cash flow and reduced turnover risk. The property has been carefully maintained, with a brand-new metal roof and water softener installed this year.Each unit includes a refrigerator and range, and tenants benefit from a shared laundry room, adding convenience and retention value. Ample on-site parking enhances tenant appeal.Located near The University of Olivet and within easy access to FireKeep ers Casino Hotel, the property benefits from stable local employment drivers and consistent rental demand.The 1-acre lot provides a compelling value-add opportunity, with potential.

Property Details

Property Type : Multifamily

Price : $319,900

AD Id : 79152709

MLS Id : 64026024534

Beds : 7

Lot Size : 1 Acre

Year Built : 1991

County : Calhoun

Map

What's Nearby

Nearby Areas

Features

Interior Features

Other,Laundry Facility Roof: Metal Basement Description: Walk-Out Access
Heating & Cooling

Heating: Baseboard Heating Fuel: Natural Gas

Building Information

Year Built: 1991 Total Units: 4 Roof: Metal
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 1.00 Lot Dimensions: 209x533 Frontage Feet: 209
Property Information

Financing: Cash,Conventional,FHA,USDA Loan (Rural Dev),VA

Listing Price Information

Original List Price: $319,900
Listing Information

Possession: At Close Legal Description: PART OF SEC LEE TWP CALHOUN COUNTY

Tax Information

Annual Tax: $2,599 Parcel Number: 131306001220
Possession

At Close
Legal Information

Legal Description: Section: PART OF SEC LEE TWP CALHOUN COUNTY

Unit 1 Information

# of Bedrooms: 1
Unit 2 Information

# of Bedrooms: 3

School Information

School District: Olivet
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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ByOwner last updated this listing 06/28/2026 @ 23:05

MLS: 64026024534 LISTED BY: Scott Micklewright , Pearse Realty, Inc. 269-962-6167 SOURCE: Realcomp II Ltd