BEDS0
BATHS
MLS#26024534
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLOlivet
Property 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 FireKeepers 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 Features
Property Type: Multi Unit - Multiple
Basement: Walk-Out Access
Heating: Baseboard
Lot Size: 1.00 Acres
Roof Type: Metal
Taxes: $2,598
Year Built: 1991
Feature Descriptions
Exterior: Vinyl Siding
Laundry: Common Area, Laundry Room, Lower Level
Lot: Level
Lot Dimensions: 209x533
Owner Pays: Trash Collection, Electricity, Gas
Parcel Number: 13-13-060-012-20
Parking: Driveway, Gravel
Parking Total: 8
Sewer: Septic Tank
Sub Type: 2 to 4 Units
Tenant Pays: Electric
Units: 4
Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Water: Well
Local Schools
School District: Olivet
Listed By / Shown By
Listed By
Agency Name: Pearse Realty, Inc.
Agent Name: Scott Micklewright
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/23/2026. |
Estimate Your Payment
Estimated Payment
$ 2,099.23 per month $1,789.43 Principal & Interest $216.50 Property Tax $93.30 Homeowner's Insurance
18864 W Baseline Road | MLS# 26024534
This multi-family property located at 18864 W Baseline Road, Olivet, MI 49076 is currently listed for sale with an asking price of $319,900. W Baseline Road is located within the Olivet school district. Search Olivet real estate on www.ikeyrealty.com today.