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126 College

Ypsilanti, MI 48197
  • $449,900
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 20261041496
UPDATED: 106 min ago
$449,900
  • 0
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 4
    1/2 BATHS
  • 4,365
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

PUBLIC REMARKS Excellent opportunity to acquire a fully occupied four-unit investment property in the highly desirable Eastern Michigan University area. Located just blocks from campus and close to downtown Ypsilanti and Depot Town, this property benefits from strong rental demand and a proven rental history. The building consists of four residential units and is currently tenant occupied (long term tenants), providing immediate income for a new owner. Convenient access to EMU, Depot Town, downtown Ypsilanti, parks, shopping, dining, and major commuter routes makes this a desirable location for tenants. This property offers investors the opportunity to acquire a stabilized asset in one of Ypsilanti's strongest rental submarkets. Financial information, rent roll, leases, and additional property details available upon request.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
www.sellsmi.com/homes/177281942
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126 College Ypsilanti, MI 48197

  • Price: $449,900
  • Status: Active
  • On Site: 75 Days
  • Updated: 106 min ago
  • MLS #: 20261041496
0
Beds
4
Baths
4
½ Baths
0.14
Acres
4,365
SQFT
$103
$/SQFT
1890
Built
Neighborhood:
College Place Add
County:
Washtenaw
Area:
Ypsilanti (81033)
School District:
Ypsilanti Public School District
Property Description
PUBLIC REMARKS Excellent opportunity to acquire a fully occupied four-unit investment property in the highly desirable Eastern Michigan University area. Located just blocks from campus and close to downtown Ypsilanti and Depot Town, this property benefits from strong rental demand and a proven rental history. The building consists of four residential units and is currently tenant occupied (long term tenants), providing immediate income for a new owner. Convenient access to EMU, Depot Town, downtown Ypsilanti, parks, shopping, dining, and major commuter routes makes this a desirable location for tenants. This property offers investors the opportunity to acquire a stabilized asset in one of Ypsilanti's strongest rental submarkets. Financial information, rent roll, leases, and additional property details available upon request.
Exterior Features

Exterior Construction Brick Foundation Type Basement Frontage 52 Lot Size 52 x 117 Roads Paved Street Waterfront YN No

Interior Features

Basement Type CommonStone Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Municipality Ypsilanti Municipality Type City Net Operating Income 25000 Ownership Private Property Type Multi-Family SEV 281900 Subject To Short Sale Approval No Summer Tax Amount 16419 Taxable Value 215573 Total Tax Amount 17235.08 Unit1 Rent Rate 1350 Water Public Water Winter Tax Amount 816.08

Listing courtesy of Prospect Realty Group : 248-417-1396.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
 
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Mundy Twp MI, 48507