# 1019 E Broadway Street, Mount Pleasant, MI 48858

> **TL;DR:** 23bd/3ba multi-family, $969,900 ($73/sqft), built 1950, 13,200 sqft. Est. $5,187/mo. Listed 128 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $969,900 |
| Price/sqft | $73 |
| Bedrooms | 23 |
| Bathrooms | 3 full |
| Square Feet | 13,200 |
| Year Built | 1950 |
| Lot Size | 58,806 sqft (1.35 acres) |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 128 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,904 |
| Estimated Insurance | $283 |
| **Total** | **$5,187** |

## Property Highlights

- Built in 1950
- 1.35 acre lot

## Description

### Agent Description
Broadway Apartments is a 15-unit multifamily investment opportunity strategically located along East Broadway in Mount Pleasant, one of Central Michigan's strongest rental markets. The property benefits from its proximity to major employment, education, and entertainment drivers, including Central Michigan University, Soaring Eagle Casino & Resort, and convenient access to US Highway 127, providing connectivity throughout the region. The asset presents investors with an attractive value-add opportunity through a combination of interior unit upgrades and continued rent optimization. Current ownership has established a stable operating foundation, while future ownership can capitalize on the property's upside potential by implementing strategic renovations, modernizing unit interiors, enhancing common areas, and increasing rents toward market levels as leases renew. These improvements have the potential to drive increased cash flow and long-term asset appreciation. Mount Pleasant continues to demonstrate strong rental demand due to its diverse economic base, anchored by higher education, healthcare, gaming, hospitality, and regional employers. The property's location offers residents convenient access to shopping, dining, employment centers, and recreational amenities, making Broadway Apartments well-positioned to attract and retain tenants. Broadway Apartments represents an opportunity to acquire a well-located multifamily asset with existing cash flow, operational stability, and a clear path to increasing net operating income through thoughtful asset management and targeted capital improvements.

## Location

- **Address:** 1019 E Broadway Street, Mount Pleasant, MI 48858
- **County:** Isabella
- **Coordinates:** 43.604984, -84.763962
- **Google Maps:** https://www.google.com/maps?q=43.604984,-84.763962

## Virtual Tour & Media

- **Video Tour:** https://www.crebuilder.com/listings/ae5ea22a-cdca-48c3-a4b5-43c12963bf58/40445

## Listing Agent

- **Name:** Keith Cotter
- **Brokerage:** Keller Williams Northern Michigan
- **Broker Phone:** (231) 947-8200
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1019-E-Broadway-St_Mt-Pleasant_MI_48858_M94676-05893?f=listhub&s=TAAR&m=1946983&c=propsimple)

## Photos

![1019 E Broadway Street - Photo 1](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f2083975947r.jpg)

![1019 E Broadway Street - Photo 2](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f4212057493r.jpg)

![1019 E Broadway Street - Photo 3](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f2368265154r.jpg)

![1019 E Broadway Street - Photo 4](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f3195799394r.jpg)

![1019 E Broadway Street - Photo 5](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f3953003565r.jpg)

![1019 E Broadway Street - Photo 6](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f2603231371r.jpg)

![1019 E Broadway Street - Photo 7](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f1252792806r.jpg)

![1019 E Broadway Street - Photo 8](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f2958171081r.jpg)

![1019 E Broadway Street - Photo 9](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f1694586158r.jpg)

![1019 E Broadway Street - Photo 10](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f4268232458r.jpg)

![1019 E Broadway Street - Photo 11](http://lh.rdcpix.com/8e5c37115c61e541f12b1687108139f0l-f877569919r.jpg)

---

**MLS#:** 1946983 | **Updated:** 2026-10-24
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1019-e-broadway-street-mount-pleasant-mi-48858-df7c6ff1b5fb4700b0a35a00f338fee7)

---

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