115 College Place Ypsilanti, MI 48197
- Added:
- Apr 8, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 27 at 4:06 pm
Property Features for 115 College Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Basement, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
- Parking
- 6
- Pets allowed
- Yes
- Interior features
- Smoke Alarm, Carbon Monoxide Alarm(s), Circuit Breakers, Entrance Foyer, Laundry Facility, Programmable Thermostat
- Exterior features
- Lighting, Private Entry, Fenced
- Fencing
- Fenced
- Standard status
- Active Under Contract
- APN
- 111140430018
- Size
- 3,076 SF
Taxes and HOA fees
- Tax Description
- *OLD SID - 11 11-170-010-00 YP CITY 20W-12 LOT 10 COLLEGE PLACE ADDITION.
- Tax Annual Amount
- 7882
Utilities
- Heating system
- Radiant
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Vinyl
- Roof type
- Asphalt
- Architectural style
- Colonial
Listing agent Joshua A Dillon License #6502417067 (734) 777-4448
Listing office J Dillon Realty 1175 Starkweather Street, Whitmore Lake, MI (734) 777-4448
Listing date Apr 8, 2026
MLS# 20261020203
Listing URL
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Overview
Ypsilanti Multifamily Investment Opportunity
This well-maintained, updated 4-unit multifamily residence is located in Ypsilanti, minutes from Eastern Michigan University and Downtown Ypsi. Three of the four units are currently leased, generating immediate rental income. The building features 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 even more room for future development, such as additional units, creative loft space, or enhanced storage options. A detached garage provides extra storage. Located on a quiet, residential street just blocks from EMU, Depot Town, and expressways, this property is in a high-demand rental area. The property size is 3076 square feet. This property presents an outstanding opportunity for both seasoned investors and those entering the multifamily market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Ypsilanti
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.622156
- Latitude
- 42.242788
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property near Eastern Michigan University.
Where is this quadplex located?
The property is located at 115 College Place 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: Immediate rental income from 3 of 4 units being currently leased.; Prime location near Eastern Michigan University (EMU) and downtown Ypsilanti, ensuring high rental demand and tenant retention.; Significant capital improvements including a new boiler system, vinyl siding, and Trex composite decking, reducing maintenance costs.
