Well-Maintained Two-Unit Investment
For Sale
$223,200
Pending
928 Ottawa Ave, Ypsilanti, MI 48198
Two-unit property with immediate rental income in Ypsilanti Township.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market151
Property Features for 928 Ottawa Ave
General Information
Standard status
Pending
Lot size
0.21 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,512
Building Details
Year Built
1950
Units
2
Listing Agency:
Golden Real Estate LLC
(734) 637-0231
Listed By:
Irma Golden
(734) 637-0231
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Jul 27 at 4:18AM
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 Golden Real Estate LLC
Investment Insights
Based on property information with market context.
This well-maintained two-unit property presents a fantastic investment opportunity with strong income potential. The upper unit features 1 bedroom, a spacious living area, a full kitchen, and a bathroom with a stand-up shower. The lower unit includes 2 bedrooms, a bright living area, a full kitchen, and a full bath. Shared laundry facilities are located in the basement. A shared two-car garage provides storage space. The property also includes a shared patio and backyard, along with an additional storage structure at the rear. The property is subject to existing tenant leases, providing immediate rental income. Currently, the seller is responsible for tenant water and gas expenses. The property is certified for rental use through Ypsilanti Township. The separate living spaces make this an ideal addition to any investor's portfolio.
Key Highlights
- Strong income potential with existing tenant leases providing immediate rental income.
- Certified for rental use through Ypsilanti Township.
- Two separate units: Upper unit (1 bed, 1 bath) and Lower unit (2 bed, 1 bath).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with immediate rental income in Ypsilanti Township.
Where is this duplex located?
The property is located at 928 Ottawa Ave Ypsilanti, MI.
What is the asking price?
The asking price for this property is $223,200.
What are key features of this property?
This property features: Strong income potential with existing tenant leases providing immediate rental income.; Certified for rental use through Ypsilanti Township.; Two separate units: Upper unit (1 bed, 1 bath) and Lower unit (2 bed, 1 bath).
