126 College Place, Ypsilanti, MI 48197

Ypsilanti
Local realty services provided by:ERA Prime Real Estate Group
126 College Place,Ypsilanti, MI 48197
$395,000
  • - Beds
  • 8 Baths
  • 4,365 sq. ft.
  • Multi-family
  • Active
Listed by: colleen kennedy
Office: prospect realty group
MLS#:20261041496
Source:MI_REALCOMP

Price summary

  • Price:$395,000
  • Price per sq. ft.:$90.49

About this home

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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Home facts

  • Year built:1890
  • Subdivision & Development:COLLEGE PLACE ADD
  • Listing ID #:20261041496
  • Added:145 day(s) ago
  • Updated:October 28, 2026 at 10:09 AM

Rooms and interior

  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Basement Description:Common, Partial, Unfinished, Walk-Out Access
  • Living area:4,365 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1890
  • Building area:4,365 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Early American
  • Construction Materials:Brick
  • Foundation Description:Basement, Brick Mortar, Stone
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$90.49
  • Tax amount:$17,235

Parking

  • Total parking spaces:4
  • Parking description:Shared Driveway, Unassigned
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