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126 College Place Ypsilanti, MI $ 449,900
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126 College Place
$ 449,900
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126 College Place

Ypsilanti, MI, 48197
$ 449,900
Bedrooms4 Baths4.4 Sq 4,365

Monthly Estimate*

$ 2,770

126 College Place, Ypsilanti, MI 48197 - Image 1
126 College Place, Ypsilanti, MI 48197 - Image 2
126 College Place, Ypsilanti, MI 48197 - Image 3

Multi-Family Home for sale in Ypsilanti, MI

for $449,900 with 4 bedrooms and 4 full baths, 4 half baths. This 4,365 square foot home was built in 1890 on a lot size of 0.14.

PUBLIC REMARKS Excellent opportunity to acquire a fully occupied four-unit investment property in the highly desirable Eastern Michigan University area. Located just blocks from campus and close to downtown Ypsilanti and Depot Town, this property benefits from strong rental demand and a proven rental history. The building consists of four residential units and is currently tenant occupied, providing immediate income for a new owner. Convenient access to EMU, Depot Town, downtown Ypsilanti, parks, shopping, dining, and major commuter routes makes this a desirable location for tenants. This property offers investors the opportunity to acquire a stabilized asset in one of Ypsilanti's strongest rental submarkets. Financial information, rent roll, leases, and additional property details available upon request.

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Multi-Family Active

Price

$ 449,900

Bedrooms

4

Full Bath

4

Half Bath

4

Property Type

Multi-Family

Taxes

$ 17,235

Style

Early American

Lot Size

0.14

Year Built

1890

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

20261041496
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style EarlyAmerican
Pool Features None
Construction Materials Brick
Pets Allowed CatsOk DogsOk Yes
Year Built 1890
Levels Three
Property Subtype MultiFamily
County Washtenaw
Net Operating Income 25000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name COLLEGE PLACE ADD
Garage Y/N N
Full Baths 4
Status Active
Directions Use Huron exit off 94 go north to Cross St then west to College Place turn left cross Washtenaw house is on the left.
City YpsilantiCity_Washtenaw
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable LegalRentalCertified NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ypsilanti
Zoning Description MultiFamily Residential
Number Of Units Total 4
MLS Area Area04152Ypsilanti
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 17235.08
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 215573
Expected Active Date 2026-06-04
Legal Description *OLD SID - 11 11-170-005-00 YP CITY 20W-7 LOT 5 COLLEGE PLACE ADDITION.
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Interior
Basement Common Partial Unfinished WalkOutAccess
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4365.0
Half Baths 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 8
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Exterior
Parking Features SharedDriveway Unassigned
Water Source Public
Total Parking 4.0
Foundation Details Basement BrickMortar Stone
Spa N
Lot Dimensions 52 x 117
Lot Size Acres 0.14
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 126
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* Excluded Features
List By
Colleen Kennedy

Listing Agent

Prospect Realty Group

Broker

(248) 417-1396

Phone

Affordability Calculator

$4,206
Per Month
66%
34%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
$1,436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848225 Elementary School
848527 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2026$449,900 Listed Price

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126 College Place, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $449,900 with 4,365 sqft and a lot size of 0.14. 126 College Place has 4 bedrooms, 4.4 baths, and was built in 1890. The property's zip code is 48197 which is in Ypsilanti, MI

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