102 Spring Street Ypsilanti, MI $ 550,000
102 Spring Street
$ 550,000
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102 Spring Street

Ypsilanti, MI, 48197
$ 550,000
Baths4.0 Sq 1,884

Monthly Estimate*

$ 3,431

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $550,000 with 4 full baths. This 1,884 square foot home was built in 1904 on a lot size of 0.29.

This well-maintained 4-unit property offers a strong rental history and immediate income potential. All four units are currently leased - three with long-term tenants and the fourth on a flexible month-to-month agreement - providing stable cash flow and minimal vacancy risk for investors or owner-occupants. Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals - a rare and sought-after upgrade in rental properties. Interiors are clean, well-kept, and reflect ongoing care and quality maintenance. A standout feature is the spacious, mostly finished garage, which includes two heated areas. Whether used for parking, storage, or creative use, this space offers an opportunity for additional income or expanded utility. Adding even more long-term potential, the property is uniquely situated on a natural spring, opening possibilities for eco-conscious ventures or future development - an uncommon and valuable characteristic. Whether you're looking for a turnkey, income-generating asset or a multi-family property with flexibility and character, this opportunity checks all the boxes. Don't miss your chance to own a versatile, income-generating property in a desirable location!

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,244

Style

Lot Size

0.29

Year Built

1904

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

60934628

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Water Public Water
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1904
County Washtenaw
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Ypsilanti
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Ypsilanti (81033)
Primary City Ypsilanti
Directions West Ecorse Rd East Michigan Ave
City Ypsilanti
School District Ypsilanti Public School District
Financial Terms Cash Conventional FHA VA
Legal Description ASSR REQUEST ****FROM 1139403024 05/07/96YPC 1W-27A-1A-1 COM AT SE COR SEC 9 TH N 18-42-30 W 1063.88 FT TH S 71-17-30 W 721.49 FT TH S 88-32-40 W 1385.75 FT TH S 79-37-40 W 233.69 FT
DOM 93
Postal Code 48197
Price Per Sq Ft Total AG 291.93
Public Remarks
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Interior
Basement Block
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Aluminum Vinyl Siding
Frontage 92
Lot Size Area 0.29
Lot Dimensions 145x70x165x92x10
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Justin Ford

Listing Agent

Exp Realty Plymouth

Broker

justin@justinfordteam.com

Email

Affordability Calculator

$3,868
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$437
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1367115 Elementary School
1367113 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2025$550,000 Listed Price

Map


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102 Spring Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $550,000 with 1,884 sqft and a lot size of 0.29. 102 Spring Street is a studio with 4.0 baths and was built in 1904. The property's zip code is 48197 which is in Ypsilanti, MI