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10-Unit Apartment Property
For Sale
$1,050,000

211 Ferris Street, Ypsilanti, MI 48197

Multi Family, Ypsilanti, MI

Property SizeContact for details
Lot Size0.09 Acres
Days on Market199

Property Features for 211 Ferris Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Basement
Parking 11
Parking features Driveway
Basement Full
Elementary school district Ypsilanti
Middle school district Ypsilanti
High school district Ypsilanti
Standard status Active
APN 11-11-39-180-002
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OLD SID 11 11-030-064-00 YPC 2W-87 N 5 RDS OF E 1/2 OF LOT 64 AND N 5 RDS OF W 1 RD LOT 63ORIGINAL PLAT
Tax Annual Amount 4767
Legal Description OLD SID 11 11-030-064-00 YPC 2W-87 N 5 RDS OF E 1/2 OF LOT 64 AND N 5 RDS OF W 1 RD LOT 63ORIGINAL PLAT

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1925
Number of units 3
Building materials Shingle Siding
Listing Agency: C. Hedger Breed
Listed By: C. Breed · License #6504193788
Added: Feb 22 Changed: Sep 7 Last Checked: Sep 9 at 3:06AM
MLS# 26006445

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property comprises two adjacent properties with a combined total of 10 rental units. The buildings share driveway parking and were constructed in 1925, with shingle siding, forced-air heating, central air, and public sewer service. Room information includes bedrooms, multiple bathrooms, and a basement.

The properties are located within a Federal Historic District and are within walking distance of downtown amenities. The site encompasses 0.09 acres and includes shared parking serving both properties.

Key Highlights

  • Two adjacent properties with 10 rental units total
  • 0.09 acres of land
  • Shared driveway parking serves both properties

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring 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

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,251
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?
Apartment building - Two adjacent properties share driveway parking and offer a combined rental-unit configuration near downtown amenities.
Where is this apartment building located?
The property is located at 211 Ferris Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two adjacent properties with 10 rental units total; 0.09 acres of land; Shared driveway parking serves both properties
More about this property
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