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8 Baths
4,365 sqft

$395,000

126 College Place, Ypsilanti City Washtenaw Michigan, 48197

Price per sqft$90.49
Built in1890
Property size4,365 sqft
Property typeMulti-family

Overview

Active

Listed Jun 4, 2026

Updated 4 weeks ago

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 (long term tenants), 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.

$2,628/mo

Est. mortgage payment based on a $395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261041496

Interior Features

Bathrooms
8
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$17,235
Tax Frequency
Annually
Pets Allowed
Yes
55+/Senior Community
No

 

Courtesy of Prospect Realty Group

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christine Champlin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 6:19 AM UTC, 9/10/2026

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