5-Bedroom Multifamily Rental
For Sale
$239,000
9 S Summit Street, Ypsilanti, MI 48197
A coin-operated laundry area serves a five-bedroom rental near campus.
Property SizeContact for details
Days on Market81
Property Features for 9 S Summit Street
General Information
Standard status
Active
Property subtype
2 to 4 Units
Financials
Gross Income
$29,340
Average Monthly Rent
$2,445
Additional Details
Multifamily Units
1
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,553
Amenities
coin operated laundry
Building Details
Year Built
1893
Listing Agency:
The Charles Reinhart Company
Listed By:
Ayad Ridha · License #6506044647
(734) 645-3110
Source:
Maigahomes
Added: Aug 12
Changed: Oct 27
Last Checked: Oct 27 at 3:11AM
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 The Charles Reinhart Company
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Investment Insights
Based on property information with market context.
This multifamily rental property has five bedrooms and coin-operated laundry. Built in 1893, it is leased through August 10, 2027, and its certificate of occupancy expires March 1, 2029.
The property is near campus.
The property is near campus.
Key Highlights
- Five‑bedroom rental property
- Coin‑operated laundry
- Leased through 8/10/2027
Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - A coin-operated laundry area serves a five-bedroom rental near campus.
Where is this multifamily property located?
The property is located at 9 S Summit Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Five‑bedroom rental property; Coin‑operated laundry; Leased through 8/10/2027
