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Four-Unit Multifamily Property

206 S Huron Street, Ypsilanti, MI 48197

For Sale
$475,000

All four residences are occupied, with leases extending into 2027.

Property SizeContact for details
Days on Market10

Property Features for 206 S Huron Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multi Family Home
Occupancy 100%

Units

Unit Mix 1 x 3BR, 2 x 1BR, 1 x 2BR
Multifamily Units 4

Additional Details

Gross Income $75,180
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $11,172

Building Details

Year Built 1873
Buildings 1
Units 4
Listing Agency: Real Estate One Inc
Listed By: Brian Bundesen · License MI #6501325274
Source: Alleyrealestatesales
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 9 at 5:45PM

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 Real Estate One Inc

Rey
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Investment Insights

Based on property information with market context.

This 1873 multifamily property in Ypsilanti contains four occupied residences: one three-bedroom unit, two one-bedroom units and one two-bedroom unit. Recent ownership completed repairs and updates to the units and property.

The property is near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and other area amenities. Leases extend into 2027.

Key Highlights

  • Four occupied units with leases extending into 2027
  • Unit mix includes one 3‑bedroom, two 1‑bedroom and one 2‑bedroom residence
  • Built in 1873

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,162
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
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Market

Properties on Market for Quadplexes in Washtenaw County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are occupied, with leases extending into 2027.
Where is this quadplex located?
The property is located at 206 S Huron Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four occupied units with leases extending into 2027; Unit mix includes one 3‑bedroom, two 1‑bedroom and one 2‑bedroom residence; Built in 1873
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