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881 Monroe St Ypsilanti, MI 48197

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For Sale
$171,000

Brick multifamily property near Eastern Michigan University and Depot Town.

Type:Investment
Added:
Apr 15, 2026
Days on Market:
1
Last Refresh:
Apr 11 at 6:21 am

Property Features for 881 Monroe St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1958

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Listing Contact
Mike Shannon

Listing agent Mike Shannon

Listing office Metropolitan Real Estate LLC

Listing date Apr 15, 2026

Source Elliman

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 Metropolitan Real Estate LLC


Overview

Multifamily Investment Property Near EMU

This brick multifamily investment property is located close to Eastern Michigan University, Depot Town, and the I-94 Freeway. The building at 881-883 Monroe features separate electric and gas utilities for each unit. Updates to the property include vinyl windows, dimensional shingles, and steel exterior doors. The property is currently occupied by long-term tenants on month-to-month leases. The location has a Walk Score of 91, indicating it is a Walker's Paradise, a Bike Score of 66, indicating it is Bikeable, and a Transit Score of 57, indicating good transit options. Please respect tenant's rights.
Location Intelligence

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Multifamily properties

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Location Insight

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  • Local Demand
City
Ypsilanti
County
Washtenaw
State
Michigan
Longitude
-83.6221911
Latitude
42.2304202

FAQs

What type of property is this?
Multifamily property - Brick multifamily property near Eastern Michigan University and Depot Town.
Where is this multifamily property located?
The property is located at 881 Monroe St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $171,000.
What are key features of this property?
This property features: Prime Location: Walker's Paradise (Walk Score 91), close to Eastern Michigan University, Depot Town, and I‑94 Freeway.; Multifamily Investment Property: Brick construction with potential for rental income.; Separate Utilities: Each unit has separate electric and gas meters.
More about this property
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