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    Ypsilanti, MI Multifamily Properties for Sale

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    Four-Unit Multifamily Property
    Updated: Apr 8
    Four-Unit Multifamily Property

    115 College Place, Ypsilanti, MI 48197

    $415,000
    3,076 sqft 0.14 AC lot
    4‑unit multifamily with all units currently leased
    New boiler system and vinyl siding; Trex composite decking for low‑maintenance exterior
    Radiant heating and ceiling fan(s); programmable thermostat, smoke alarms, and carbon monoxide alarm(s)
    Shared on‑site laundry, common secured front entry, and fenced exterior with private entry
    Full basement with glass block windows and prepped for finishing plus a spacious walk‑up attic
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    This listing looks promising.

    Here's a quick look at some key insights for

    115 College Place, Ypsilanti, MI 48197

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $518K
      Above asking

    • Property Type

      Quadplex
      Built 1914
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    Well-Maintained Student Housing Triplex
    Updated: Jul 8
    Well-Maintained Student Housing Triplex

    518 W Michigan Avenue, Ypsilanti, MI 48197

    $312,000
    0.12 AC lot
    Year built 1893.
    Forced‑air heating system.
    Vinyl siding exterior.
    Includes multiple bedrooms (Bedroom 1, Bedroom 2, Bedroom 3) and 3 bathrooms (Bathroom 1, Bathroom 2, Bathroom 3).
    Basement included.
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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    928 Ottawa Avenue, Ypsilanti, MI 48198

    $223,200
    0.21 AC lot

    Two separate units with shared laundry and garage support owner-occupant or investor rental use.

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    Two-Story Duplex Near Campus
    Two-Story Duplex Near Campus

    9 South Normal Street, Ypsilanti, MI 48197

    $222,000
    6,970 sqft

    Well-maintained duplex near campus and downtown with long-term leases.

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    Duplex with Two-Car Garage
    Duplex with Two-Car Garage

    963 Washtenaw Avenue, Ypsilanti, MI 48197

    $239,900
    0.08 AC lot

    Occupied duplex offers two units, a 2-car garage, basement space, and walkable access to EMU’s campus area.

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    Ypsilanti Duplex in Prime Location
    Ypsilanti Duplex in Prime Location

    9 S Normal Street, Ypsilanti, MI 48197

    $222,000
    0.16 AC lot

    Well-maintained two-story duplex near campus and downtown Ypsilanti.

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    Quadplex Near University
    Quadplex Near University

    515 N Congress Street, Ypsilanti, MI 48197

    $416,000
    0.15 AC lot

    Well-maintained quadplex suited for student housing with convenient access to the university and downtown.

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    Spacious Home Near Campus
    Spacious Home Near Campus

    705 Pearl Street, Ypsilanti, MI 48197

    $229,900
    8,276 sqft

    Five-bedroom home near campus, leased until August 2027.

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    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    95 Oakwood Street, Ypsilanti, MI 48197

    $300,000
    0.16 AC lot

    Three-unit property near Eastern Michigan University, ideal for investors.

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    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    506 N Miami Avenue, Ypsilanti, MI 48198

    $1,250,000
    0.72 AC lot

    Multifamily property for sale in Ypsilanti, Michigan.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    938 Grove, Ypsilanti, MI 48198

    $449,000
    3,530 sqft

    Four-unit rental building with all 2-bedroom, 1-bath units, plus on-site laundry and storage.

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    Two-Unit Duplex with New Roof
    Two-Unit Duplex with New Roof

    810 Young Street, Ypsilanti, MI 48198

    $249,900
    0.23 AC lot

    Two 2-bedroom units with newer roof, currently occupied, near EMU and major routes for steady rental income.

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    Duplex with In-Unit Laundry
    Duplex with In-Unit Laundry

    611 Emmet Street, Ypsilanti, MI 48197

    $290,000
    0.14 AC lot

    Two separately metered 3-bedroom units with in-unit laundry and recent interior updates near Eastern Michigan University.

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    Side-by-Side Duplex with Parking
    Side-by-Side Duplex with Parking

    316 Washtenaw Ave, Ypsilanti, MI 48197

    $400,000
    3,112 sqft

    Well-maintained side-by-side duplex with two units, hardwood and fireplaces, plus off-street parking behind the home.

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    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    100 S Washington Street, Ypsilanti, MI 48197

    $1,050,000
    0.25 AC lot

    Two adjacent properties totaling ten rental units in historic district.

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    Residential Income Property with Outbuildings
    Residential Income Property with Outbuildings

    7130 Platt Road, Ypsilanti, MI 48197

    $500,000
    3.00 AC lot

    Italianate farmhouse plus two upstairs apartments on 3+ acres, with multiple vehicle-focused outbuildings and extensive 2025 updates.

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    Well-Maintained Two-Unit Investment Property
    Well-Maintained Two-Unit Investment Property

    928 Ottawa Ave, Ypsilanti, MI 48198

    $223,200
    0.21 AC lot

    Two-unit property with immediate rental income in Ypsilanti Township.

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    Ypsilanti Duplex For Sale
    Ypsilanti Duplex For Sale

    414 S Adams Street, Ypsilanti, MI 48197

    $250,000
    0.25 AC lot

    Easy to rent duplex in a convenient location.

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    Updated Duplex Near Ypsilanti Downtown
    Updated Duplex Near Ypsilanti Downtown

    111 Ballard St, Ypsilanti, MI 48197

    $285,000
    0.04 AC lot

    Multi-unit duplex with recent renovations and convenient location.

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    Triplex Investment Property
    Triplex Investment Property

    428 N Washington Street, Ypsilanti, MI 48197

    $357,000
    0.08 AC lot

    Triplex for sale on a small lot in Ypsilanti, Michigan, offering multiple rental units under one roof.

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    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    115 College Pl, Ypsilanti, MI 48197

    $415,000

    Four-unit multifamily property near Eastern Michigan University and downtown Ypsilanti.

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    Well-Maintained Triplex Property
    Well-Maintained Triplex Property

    412 N Washington, Ypsilanti, MI 48197

    $357,000
    0.12 AC lot

    Well-maintained triplex in Ypsilanti’s historical district with multiple professionally maintained rental units.

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    Vacant Multifamily Investment Opportunity
    Vacant Multifamily Investment Opportunity

    831 Green Road, Ypsilanti, MI 48198

    Contact for pricing
    168,720 sqft

    168-unit multifamily property in Ann Arbor/Ypsilanti submarket.

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    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    211 Ferris Street, Ypsilanti, MI 48197

    $1,050,000
    0.09 AC lot

    Two adjacent properties totaling ten rental units in historic district.

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    Ypsilanti, MI Multifamily Properties Market Trends and Statistics

    Explore 36 multifamily properties for sale in Ypsilanti, MI, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 32,105 square feet of properties for sale, with an estimated market value of $2,689,900.

    Sale prices for multifamily properties in Ypsilanti, MI start at $222,000, averaging $336,237, and reaching up to $449,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 18
    Triplexes 8
    Apartment buildings 6
    Quadplexes 6
    Mobile home & RV parks 1

    Demographics Overview

    Population 105K
    Population Growth (5Y) -0.7%
    Median Household Income $68,202
    College Educated 57.4%

    High-Yield Neighborhoods for Investment

    Identify Ypsilanti submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48197 $408.5K
    48198 $447.1K

    Taxes & Financing

    Tax Rate (average for all types) 3.83%
    Property Tax per SF $74.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washtenaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washtenaw County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Ypsilanti fall within the 100,000+ square foot range.

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