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Brick Triplex with Guest House
New
For Sale
$199,900

1404 Holmes Rd, Ypsilanti, MI 48198

Three-unit configuration offers separate entrances, independent utilities, and additional outdoor space.

Property Size2,250 SF
Price / SF$88.84
Days on Market2

Property Features for 1404 Holmes Rd

General Information

Standard status Active
Size 2,250 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 3

Building Details

Year Built 1950
Construction brick
Listing Agency: O Sheard Realty LLC
Listed By: In Network Real Estate Group
Source: Innetworkrealestate
Added: Sep 2 Last Checked: Sep 2 at 1:23PM

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 O Sheard Realty LLC

Investment Insights

Based on property information with market context.

Built in 1950, this brick triplex combines a two-level main residence with a separate guest house. The primary structure is arranged as upper and lower units, each with its own entrance, while the guest house functions independently with dedicated utilities and access. Updated mechanical systems and a history of careful maintenance provide a documented basis for future ownership planning.

The property occupies an extra-deep lot at 1404 Holmes Rd in Ypsilanti, Michigan, providing substantial outdoor area alongside the existing improvements. Its three-unit configuration supports separate rental arrangements within the main building and guest house, with the layout preserving distinct access between the spaces.

Key Highlights

  • Triplex classification with an upstairs/downstairs duplex in the main house
  • Independent guest house with separate utilities and access
  • Brick construction dating to 1950

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Electrical Service

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 48198, MI

40,067
Population
17,379
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
92%
High-School Grad
33.4 sq mi
ZIP Area
1,200
Density / Sq Mi
$63,678
Median Household Income
$36,671
Median Earnings
$1,197
Median Rent
$178,300
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?
Triplex - Three-unit configuration offers separate entrances, independent utilities, and additional outdoor space.
Where is this triplex located?
The property is located at 1404 Holmes Rd Ypsilanti, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Triplex classification with an upstairs/downstairs duplex in the main house; Independent guest house with separate utilities and access; Brick construction dating to 1950
More about this property
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