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115 College Place, Ypsilanti, MI 48197

Ypsilanti
Local realty services provided by:CENTURY 21 Signature Realty
115 College Place,Ypsilanti, MI 48197
$450,000
  • - Beds
  • 4 Baths
  • 3,076 sq. ft.
  • Multi-family
  • Active
Listed by: joshua a dillon
Office: j dillon realty
MLS#:20261020203
Source:MI_REALCOMP

Price summary

  • Price:$450,000
  • Price per sq. ft.:$146.29

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. Three of the 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...

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Home facts

  • Year built:1914
  • Listing ID #:20261020203
  • Added:1 day(s) ago
  • Updated:April 09, 2026 at 01:58 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Bath Stubbed, Full, Unfinished, Walk-Up Access
  • Living area:3,076 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Natural Gas, Radiant

Structure and exterior

  • Roof:Asphalt
  • Year built:1914
  • Building area:3,076 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Exterior Features:Covered, Lighting, Porch, Private Entrance
  • Foundation Description:Basement, Block, Sump Pump
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$146.29
  • Tax amount:$7,882

Features and amenities

  • Laundry features:Laundry Room
  • Amenities:Entrance Foyer, Programmable Thermostat

Parking

  • Total parking spaces:6
  • Parking description:Garage, Parking Lot
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