115 College, Ypsilanti, MI 48197
Local realty services provided by:CENTURY 21 Realty North
115 College,Ypsilanti, MI 48197
$415,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: joshua dillon
Office: j dillon realty
MLS#:60981926
Source:MI_REALSOURCE
Price summary
- Price:$415,000
About this home
Investment Opportunity in the Heart of Ypsilanti - 4-Unit Multifamily Welcome to 115 College Place, a well-maintained and updated 4-unit multifamily residence in one of Ypsilanti's most sought-after investment corridors. Located just minutes from Eastern Michigan University and Downtown Ypsi's growing cultural and dining scene, this property presents an outstanding opportunity for both seasoned investors and those entering the multifamily market. All four units are currently leased, generating immediate rental income with long-term upside. The building features numerous capital improvements including a new boiler system, durable vinyl siding, and Trex composite decking that ensures low maintenance and curb appeal. Many units have been updated with fresh finishes, offering clean and functional living spaces while still leaving room for future value-add potential. Tenants enjoy a common secured front entry, shared on-site laundry, and private parking, a rare commodity in the area. The full basement features glass block windows and is prepped for finishing, ideal for additional storage, a shared lounge space, or future expansion. Above, a spacious walk-up attic offers even more room for future development--whether additional units, creative loft space, or enhanced storage options. A detached garage provides extra storage for maintenance tools, seasonal items, or additional revenue possibilities. Located on a quiet, residential street just blocks from EMU, Depot Town, and expressways, this property is in a high-demand rental area with strong tenant retention. Units are occupied; please do not disturb tenants. Private tours are available by appointment only through the listing agent. Whether you're looking to expand your portfolio or secure a cash-flowing property in a vibrant college town, 115 College Place is a rock-solid opportunity with multiple avenues for future growth....
Contact an agent
Home facts
- Year built:1914
- Subdivision & Development:COLLEGE PLACE ADD
- Listing ID #:60981926
- Added:114 day(s) ago
- Updated:July 31, 2026 at 05:35 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Block, Outside Entrance
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Radiant
Structure and exterior
- Year built:1914
- Lot area:0.14 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Fenced Yard, Porch
- Foundation Description:Basement, Block
- Levels:2 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$415,000
- Tax amount:$7,882
New listings near 115 College
- New
$35,000Active3 beds 2 baths6988 Mckean, Ypsilanti, MI 48197
MLS# 61016615Listed by: ERA PRIME REAL ESTATE GROUP - New
$525,000Active4 beds 4 baths2,596 sq. ft.8344 Jack Pine, Ypsilanti, MI 48197
MLS# 70549391Listed by: REDFIN CORPORATION - New
$35,000Active3 beds 2 baths1,152 sq. ft.6988 Mckean #176, Ypsilanti, MI 48197
MLS# 20261059135Listed by: ERA PRIME REAL ESTATE GROUP - Open Sat, 1 to 3pmNew
$140,000Active3 beds 1 baths1,036 sq. ft.982 Desoto Avenue, Ypsilanti, MI 48198
MLS# 26038987Listed by: KELLER WILLIAMS PROFESSIONALS - New
$350,000Active3 beds 2 baths1,517 sq. ft.7422 Meadow Lane, Ypsilanti, MI 48197
MLS# 26039203Listed by: COLDWELL BANKER PROFESSIONALS - New
$130,000Active3 beds 1 baths864 sq. ft.1305 Rambling Road, Ypsilanti, MI 48198
MLS# 26039556Listed by: REAL ESTATE ONE INC - New
$252,000Active3 beds 1 baths888 sq. ft.8607 Kingston Court, Ypsilanti, MI 48198
MLS# 20261055992Listed by: KW METRO - New
$234,900Active2 beds 1 baths800 sq. ft.350 E Clark, Ypsilanti, MI 48198
MLS# 70549194Listed by: THE CHARLES REINHART COMPANY - New
$197,900Active3 beds 1 baths1,119 sq. ft.1613 Harvest Lane, Ypsilanti, MI 48198
MLS# 26039534Listed by: CENTURY 21 AFFILIATED - New
$389,900Active3 beds 3 baths2,022 sq. ft.8987 Parkland Drive, Ypsilanti, MI 48197
MLS# 20261059519Listed by: HOME BUILDERS RESOURCE LLC