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Ypsilanti Multifamily Investment Opportunity
For Sale
$1,050,000

100 S Washington Street, Ypsilanti, MI 48197

MULTI_FAMILY - Ypsilanti, MI

Property SizeContact for details
Lot Size0.25 Acres
Days on Market182

Property Features for 100 S Washington Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Full bathrooms 7
Rooms Bathroom 7, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 7, Bathroom 4, Basement, Bedroom 3
Parking 11
Basement Partial
Elementary school district Ypsilanti
Middle school district Ypsilanti
High school district Ypsilanti
Standard status Active
APN 11-11-39-180-001
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OLD SID 11 11-030-063-00 YPC 2W-86 N 5 RDS OF LOT 62 & N 5 RDS OF E 3'RDS OF LOT 63 ORIGINAL PLAT 203-207 FERRIS ST
Tax Annual Amount 11066
Legal Description OLD SID 11 11-030-063-00 YPC 2W-86 N 5 RDS OF LOT 62 & N 5 RDS OF E 3'RDS OF LOT 63 ORIGINAL PLAT 203-207 FERRIS ST

Utilities

Heating system Steam

Building Details

Year built 1835
Number of units 10
Building materials Brick
Roof type Composition
Listing Agency: C. Hedger Breed
Listed By: C. Breed · License #6504193788
Added: Feb 22 Changed: Jul 25 Last Checked: Aug 23 at 1:06PM
MLS# 26006442

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.

Two adjacent properties are available, sharing a parking area and totaling ten rental units. Situated in a Federal Historic District, the properties are located within walking distance of downtown amenities in Ypsilanti, Michigan. The combined lot size is 0.25 acres.

Key Highlights

  • Two adjacent properties with shared parking, totaling 10 rental units
  • Built in 1835 with brick exterior construction and a composition roof
  • Steam heating

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,251
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?
Apartment building - Two adjacent properties totaling ten rental units in historic district.
Where is this apartment building located?
The property is located at 100 S Washington Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two adjacent properties with shared parking, totaling 10 rental units; Built in 1835 with brick exterior construction and a composition roof; Steam heating
More about this property
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