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Four-Unit Residential Income Property
For Sale
$299,000

810 Pearl St, Ypsilanti, MI 48197

Four-unit complex in Ypsilanti with tenant garage and planned building upgrades including roof and boiler.

Property SizeContact for details
Days on Market13

Property Features for 810 Pearl St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 4

Amenities

garage

Building Details

Year Built 1884
Listing Agency: The Charles Reinhart Company
Listed By: Blake Wyant · License #6501440481
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 5 at 11:16AM

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 The Charles Reinhart Company

Investment Insights

Based on property information with market context.

This property is a four-unit residential income complex. The existing configuration is described as a quadplex, with remarks indicating it could be converted to a five-unit setup with the addition of a door or separating wall.

Improvements noted include a new roof and a new boiler heater. The property also includes a garage for tenants, and it is described as being close to downtown for renter convenience.

Prospective buyers can review the unit configuration and conversion potential in person, along with the scope and status of the roof and boiler updates.

Key Highlights

  • 4‑unit complex in Ypsilanti built in 1884
  • Potential to convert to a 5‑unit property by adding a door or separating wall
  • Planned upgrades include a new roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

436
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit complex in Ypsilanti with tenant garage and planned building upgrades including roof and boiler.
Where is this quadplex located?
The property is located at 810 Pearl St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 4‑unit complex in Ypsilanti built in 1884; Potential to convert to a 5‑unit property by adding a door or separating wall; Planned upgrades include a new roof
More about this property
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