Ypsilanti MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1875
- Baths:
- MLS#:
- 70447128
ADDITIONAL INFORMATION
Amazing, rare investment opportunity! Charming 4-unit, multi-family income property close to the best of Ypsilanti including Depot Town, Frog Island and Riverside Parks, Hyperion and Vertex Coffee Roasters, the Ypsilanti Food Co-op, Eastern Michigan University, and more. Solid, turn-key property, very well-maintained and updated with charming vibes inside and out. Three 1-bedroom units (2 currently rented long-term) go for $1,125, and $1,150/month and efficiency unit, also currently rented, goes for $725/month. All units have their own entrance from the outside, kitchens, bathrooms, and washer/dryers (a huge plus). Newly updated Certificate of Occupancy good through 2026 with potential for short- or long-term rental potential--could also be owner occupied.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 70435965
ADDITIONAL INFORMATION
Great income property for investment.
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Ypsilanti Real Estate
The median home value in Ypsilanti, MI is $304,900. This is lower than the county median home value of $340,000. The national median home value is $338,100. The average price of homes sold in Ypsilanti, MI is $304,900. Approximately 31.67% of Ypsilanti homes are owned, compared to 61.21% rented, while 7.12% are vacant. Ypsilanti real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ypsilanti real estate agent to arrange a tour today!
Ypsilanti, Michigan 48198 has a population of 20,448. Ypsilanti 48198 is less family-centric than the surrounding county with 27.17% of the households containing married families with children. The county average for households married with children is 31.79%.
The median household income in Ypsilanti, Michigan 48198 is $40,256. The median household income for the surrounding county is $79,198 compared to the national median of $69,021. The median age of people living in Ypsilanti 48198 is 25.7 years.
Ypsilanti Weather
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33.7 inches per year, with 45.4 inches of snow per year.