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Occupied Two-Unit Duplex
New
For Sale
$300,000

625 N Adams St, Ypsilanti, MI 48197

Two-bedroom residences are occupied under leases extending into 2027, with garage access serving the rear unit.

Property SizeContact for details
Days on Market3

Property Features for 625 N Adams St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,387

Building Details

Year Built 1900
Units 2
Tenancy Multi
Listing Agency: Good Company Realty
Listed By: Diane Crouch · License #6501378938
Source: Elliman
Added: Sep 18 Last Checked: Sep 19 at 11:24AM

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 Good Company Realty

Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two separate residences, each arranged with two bedrooms and one bathroom. The rear residence provides access to the garage. Both units are occupied, with Unit 1 leased through February 2027 and Unit 2 leased through August 2027. Recent improvements include water heaters installed in both units in 2024 and a washer and dryer added to Unit 2 in 2026.

The property is located at 625 N Adams St in Ypsilanti, near Eastern Michigan University, Washtenaw Community College, downtown Ypsilanti, and Depot Town. Walk Score is 72, Bike Score is 68, and Transit Score is 41. Showings require 48 hours’ notice and are subject to tenants’ rights.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom in each residence
  • Both units occupied; leases extend through February 2027 and August 2027
  • Rear unit includes access to the garage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Furniture & Home Goods Skin Care Clinic Real Estate Agency

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

954
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-bedroom residences are occupied under leases extending into 2027, with garage access serving the rear unit.
Where is this duplex located?
The property is located at 625 N Adams St 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: Two‑unit duplex with two bedrooms and one bathroom in each residence; Both units occupied; leases extend through February 2027 and August 2027; Rear unit includes access to the garage
More about this property
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