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Ypsilanti Multifamily Investment Opportunity
For Sale
Under Contract
$300,000

95 Oakwood Street, Ypsilanti, MI 48197

MULTI_FAMILY - Ypsilanti, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market94

Property Features for 95 Oakwood Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking 3
Basement Full
Lot features Sidewalk
Elementary school district Ypsilanti
Middle school district Ypsilanti
High school district Ypsilanti
Directions GPS
Standard status Active Under Contract
APN 11-11-40-280-002
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description *OLD SID - 11 11-422-009-04 YP CITY 42W-107 LOT 4, BLK 9 NORMAL PARK ADDITION.
Tax Annual Amount 4359
Legal Description *OLD SID - 11 11-422-009-04 YP CITY 42W-107 LOT 4, BLK 9 NORMAL PARK ADDITION.

Utilities

Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1895
Number of units 3
Building materials Brick, Vinyl Siding
Roof type Composition
Listing Agency: Remerica United Realty
Listed By: Kelly Neaton
Added: May 11 Changed: Jul 25 Last Checked: Aug 12 at 2:06AM
MLS# 26021396

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in Ypsilanti, Michigan, presents an investment opportunity with three vacant units. Historically, each unit has been consistently rented for over $1,000. The property is situated in a quiet neighborhood, conveniently located near Eastern Michigan University and a local park. The lot size is 0.16 acres. Upgrades to the property include new vinyl siding, a new sump pump with battery backup, a new front door, replaced flooring, and a new shower enclosure in one of the units. The property is being sold as is.

Key Highlights

  • 3‑unit property built in 1895, currently vacant
  • Updates include new vinyl siding, new sump pump with battery backup, new front door, and new flooring plus a new shower enclosure in unit 2
  • Forced‑air heating and window AC units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Furniture & Home Goods Carpet & Flooring Store Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

561
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property near Eastern Michigan University, ideal for investors.
Where is this triplex located?
The property is located at 95 Oakwood Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 3‑unit property built in 1895, currently vacant; Updates include new vinyl siding, new sump pump with battery backup, new front door, and new flooring plus a new shower enclosure in unit 2; Forced‑air heating and window AC units
More about this property
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