$1,200 for Lease
115 college place, ypsilanti, MI 48197
| Beds 1 | Baths 1 | 477 Sqft | 0.14 Acres |
|
1 of 15 |
Property Description
1 Bedroom / 1 Bath Apartment for lease. Located inside of a 4-Unit Multifamily in the Heart of Ypsilanti. Walk to town or EMU! 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. Each of the four units is being 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. Above, a spacious walk-up attic offers even more room for more usages and storage options. A detached garage provides extra storage for maintenance tools, seasonal items, or additional possibilities. Located on a quiet dead end, 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 upon application approval.
General Information
Lease Price: $1,200
Price/SqFt: $3
Status: Active
MLS#: 20251060017
City: ypsilanti
Post Office: ypsilanti
Schools: ypsilanti
County: Washtenaw
Subdivision: college place add
Acres: 0.14
Lot Dimensions: 52.00 x 120.00
Bedrooms:1
Bathrooms:1 (1 full, 0 half)
House Size: 477 sq.ft.
Acreage: 0.14 est.
Year Built: 1914
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom: 13.00 x 10.00
Bath - Full: 8.00 x 5.00
Family Room: 16.00 x 14.00
Kitchen: 13.00 x 12.00
Paved Road: Paved,Pub. Sidewalk
Garage: 1 Car
Garage Description: Detached
Construction: Vinyl
Exterior: Vinyl
Exterior Misc: Lighting,Fenced
Basement: Yes
Basement Description: Unfinished,Walk-Up Access,Bath/Stubbed
Foundation : Basement
Appliances: Free-Standing Electric Range,Free-Standing Refrigerator,Microwave
Cooling: Ceiling Fan(s)
Heating: Radiant
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $0
Legal Description: *OLD SID - 11 11-170-010-00 YP CITY 20W-12 LOT 10 COLLEGE PLACE ADDITION.

IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Joshua A Dillon of J Dillon Realty, Phone: (734) 777-4448