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8 Baths
4,365 sqft

$395,000

126 College Place, Ypsilanti MI, 48197

Price per sqft$90.49
Built in1890
Property size4,365 sqft
Property typeResidential

Overview

Active

Listed Jun 4, 2026

Updated Aug 20

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
60999305

Interior Features

Bathrooms
8
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$17,235
Tax Frequency
Annually
MLS provider logo

Listed by Colleen Kennedy with Prospect Realty Group
Listing Contact: 248-417-1396 

Based on information originating from the MiRealSource as of 8/20/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 8/20/2026 at 11:43 AM UTC

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