18864 W Baseline Road, Olivet, MI 49076 (MLS# 26024534)

18864 W Baseline Road, Olivet, MI 49076

New Listing

$319,900

Property Type: Multi Family Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $319,900 List Date: 6/17/2026 Last Modified: 6/17/2026

Overview

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.

Listing Details MLS# 26024534

Location Property Info

County: Calhoun
Street #: 18864
Street Direction: W
Street Name: Baseline Road
State: MI
Zip Code: 49076

General Property Info

Lot Measurement: Acres
Lot Square Footage: 43560
Lot Acres: Yes
Lot Dimensions: 209x533
Year Built: 1991
New Construction: No
Road Frontage: 209
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 8
Waterfront: No
School District: Olivet
Basement: No

Tax Info

Tax ID #: 13-13-060-012-20
Taxable Value: 73744
SEV: 121800
For Tax Year: 2024
Seller's Annual Property Tax: 2598.58
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: No

Remarks Misc

Directions: MARSHALL TO BASELINE E TO PROPERTY

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 2 BR
SqFt: 800
Occupied: Yes
Monthly Rent: 875
Bathrooms: Yes
Full Baths: Yes
Dishwasher: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit Description: 2 Br
SqFt: 800
Occupied: Yes
Monthly Rent: 875
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: 1 BR
SqFt: 700
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 4

Unit Description: 2 BR
SqFt: 800
Occupied: Yes
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes
Dishwasher: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: US HW 27 and BASELINE Road
Property Sub-Type: 2 to 4 Units
Municipality: Lee Twp

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: 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.
Legal: PART OF SEC LEE TWP CALHOUN COUNTY

Lot Description

Level: Yes

Street Type

Gravel: Yes

Util Avail at Street

Electricity Available: Yes
Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
MSHDA: Yes
Rural Development: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Common Area: Yes
Laundry Room: Yes
Lower Level: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Metal: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Baseboard: Yes

Tenant Pays

Electric: Yes

Driveway

Gravel: Yes

Substructure

Walk-Out Access: Yes

Extras

Tenant Storage: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Trash Collection: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Common Area; Laundry Room; Lower Level Exterior Material: Vinyl Siding Roofing: Metal Substructure: Walk-Out Access Lot Description: Level Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available Extras: Tenant Storage Owner Pays: Electricity; Gas; Trash Collection Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Baseboard Driveway: Gravel Street Type: Gravel Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; Rural Development; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Dishwasher; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator Unit 4: Dishwasher; Range/Oven; Refrigerator

Listing Office: Pearse Realty, Inc.

Listing Agent: Scott Micklewright

Last Updated: June - 17 - 2026

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