126 College Pl, Ypsilanti, MI, 48197
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Foundation: Basement,Brick Mortar,Stone
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Early American
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Common,Partial,Unfinished,Walk Out Access
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
- 1/2 bathrooms: 4
Features
- Finished area above ground: 4,365
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 4,365 sqft
Property
Details
- Parcel number: 111140430033
- Zoning description: MultiFamily, Residential
- Special condition: Short Sale No,Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Lot size: 6,098 sqft
- Lot size dimensions: 52 x 117
Parking
- Total spaces: 4
- Parking features: Shared Driveway,Unassigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Washtenaw County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $547 | $6,564 |
| Electricity | $476 | $5,713 |
| Total | $3,472 | $41,664 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Listing removed | $1,350 |
| 2026-06-04 | Listed for sale | $449,900 |
| 2026-02-13 | Price change | $1,350 |
| 2025-11-26 | Listed for rent | $1,500 |
| 2025-05-03 | Listing removed | $1,400 |
| 2025-03-27 | Listed for rent | $1,400 |
| 2024-08-24 | Listing removed | $1,500 |
| 2024-07-04 | Listed for rent | $1,500 |
| 2024-02-16 | Listing removed | -- |
| 2024-01-06 | Price change | $1,275 |
| 2023-11-11 | Price change | $1,350 |
| 2023-06-06 | Listed for rent | $1,500 |
| 2022-04-28 | Sold | $352,300 |
| 2022-04-28 | Pending sale | $335,000 |
| 2022-02-25 | Contingent | $335,000 |
| 2022-02-21 | Listed for sale | $335,000 |
| 2010-03-15 | Sold | $88,500 |
| 2009-05-29 | Sold | $230,095 |
| 2009-04-04 | Listed for sale | $215,000 |
| 2004-12-09 | Sold | $323,000 |
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