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    102 Spring St Ypsilanti, MI 48197

    For Sale
    $550,000

    Traditional - Ypsilanti, MI

    Property size:
    1,884 SF
    Lot size:
    0.29 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 102 Spring St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    111139403027
    Parking features
    Garage
    Basement Y/N
    1
    Size
    1,884 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1904
    Floors in Building
    2
    Architectural style
    New Traditional

    eXp Realty Plymouth (313) 400-5491 [email protected]

    Listing agent Justin S Ford (855) 477-7355

    Listing date Sep 29, 2025

    MLS# 20251032811 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Four-Unit Property

    This well-maintained four-unit residential property in Ypsilanti, MI, offers immediate income potential and a strong rental history. All four units are currently leased, with three long-term tenants and one on a flexible month-to-month agreement, providing stable cash flow. Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals. The interiors are clean and well-kept, reflecting ongoing care and quality maintenance. A notable feature is the spacious, mostly finished garage, which includes two heated areas suitable for parking, storage, or creative use, offering potential for additional income. The property, situated on a 0.29-acre lot, is uniquely located on a natural spring, opening possibilities for eco-conscious ventures or future development. The property size is 1884 square feet. This multi-family property is located in Washtenaw County and is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6120422
    Latitude
    42.2343591

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with immediate income potential in Ypsilanti.
    Where is this quadplex located?
    The property is located at 102 Spring St Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Strong rental history with all 4 units currently leased, providing immediate income.; - Spacious, mostly finished garage with two heated areas offers parking, storage.; - Each unit features SOLID OAK HARDWOOD FLOORS, updated stainless steel appliances, dishwashers, and garbage disposals.
    (855) 477-7355
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    Ypsilanti, MI 48197
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Spring St Ypsilanti, MI 48197
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