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    115 College Pl Ypsilanti, MI 48197

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    For Sale
    $450,000

    Four-unit multifamily property near Eastern Michigan University and downtown Ypsilanti.

    Type:Investment
    Added:
    Apr 9, 2026
    Days on Market:
    23
    Last Refresh:
    Apr 9 at 7:16 am

    Property Features for 115 College Pl

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1914

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    Listing Contact
    Joshua A Dillon
    Joshua A Dillon

    Listing agent Joshua A Dillon License #6502417067

    Listing office J Dillon Realty

    Listing date Apr 9, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of J Dillon Realty


    Overview

    Ypsilanti Multifamily Investment Opportunity

    This well-maintained and updated four-unit multifamily residence is located in a sought-after investment area of Ypsilanti, minutes from Eastern Michigan University and the growing cultural and dining scene of Downtown Ypsi. Three of the four units are currently leased, generating immediate rental income. The building features capital improvements including a new boiler system, durable vinyl siding, and Trex composite decking. Many units have been updated with fresh finishes. Tenants have access to a common secured front entry, shared on-site laundry, and private parking. The full basement features glass block windows and is prepped for finishing, suitable for additional storage, a shared lounge space, or future expansion. A spacious walk-up attic offers more room for future development. A detached garage provides extra storage. The property is located on a quiet, residential street blocks from EMU, Depot Town, and expressways, in a high-demand rental area with strong tenant retention. The property has a bike score of 66, a walk score of 91, and a transit score of 57.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.62216
    Latitude
    42.2427871

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property near Eastern Michigan University and downtown Ypsilanti.
    Where is this quadplex located?
    The property is located at 115 College Pl Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime location: Minutes from Eastern Michigan University and Downtown Ypsilanti.; Immediate income: Three of the four units are currently leased.; Recent capital improvements: New boiler system, durable vinyl siding, and Trex composite decking.
    More about this property
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