Four-Unit Apartment
For Sale
Contact for pricing
938 Grove, Ypsilanti, MI 48198
Four-unit rental building with all 2-bedroom, 1-bath units, plus on-site laundry and storage.
Property Size3,530 SF
Price / SF$127.20
Days on Market63
Property Features for 938 Grove
General Information
Standard status
Active
Size
3,530 SF
Class
C
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
R5 Single Family Residential
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1973
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Beal Properties LLC
(734) 662-6133
Listed By:
Stewart Beal · License #6505380163
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 7 at 10:29AM
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 Beal Properties LLC
Investment Insights
Based on property information with market context.
This is a four-unit apartment building for sale featuring all units as two-bedroom, one-bath layouts. The property includes on-site laundry and provides storage for residents, supporting day-to-day convenience within the building. Overall, the consistent unit mix and resident amenities make it straightforward to market and manage as a small multifamily asset.
The building is located at 938 Grove in Ypsilanti, Michigan. As a four-unit multifamily property, it offers a compact scale for ownership while maintaining an apartment-style configuration designed for residential income use.
For buyers or operators seeking a manageable residential income property, the uniform 2-bedroom, 1-bath unit mix can simplify leasing and turnover planning. On-site laundry and storage are practical resident benefits that can help differentiate the building versus rentals without these basics. This offering is well-suited for anyone looking for a small, self-contained apartment building with shared conveniences already in place.
The building is located at 938 Grove in Ypsilanti, Michigan. As a four-unit multifamily property, it offers a compact scale for ownership while maintaining an apartment-style configuration designed for residential income use.
For buyers or operators seeking a manageable residential income property, the uniform 2-bedroom, 1-bath unit mix can simplify leasing and turnover planning. On-site laundry and storage are practical resident benefits that can help differentiate the building versus rentals without these basics. This offering is well-suited for anyone looking for a small, self-contained apartment building with shared conveniences already in place.
Key Highlights
- Four‑unit apartment building built in 1973
- All units are 2‑bedroom, 1‑bath layouts
- On‑site laundry
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
124
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?
Quadplex - Four-unit rental building with all 2-bedroom, 1-bath units, plus on-site laundry and storage.
Where is this quadplex located?
The property is located at 938 Grove Ypsilanti, MI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Four‑unit apartment building built in 1973; All units are 2‑bedroom, 1‑bath layouts; On‑site laundry
