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Off market
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  • $509,400

    118 College Pl, Ypsilanti, MI 48197

    --beds
    0baths
    3,339sqft
    MultiFamily
    Built in 1860
    -- sqft lot
    $509,400 Zestimate®
    $153/sqft
    $1,364 Estimated rent

    Home value

    $509,400

    $433,000 - $591,000

    $1,364/mo

    Zestimate® history
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    What's special

    Great investment opportunity. Currently used as a 3 unit but it is possible to rent the entire house for large groups such as fraternity or sorority or sports teams. It can also be divided into more units. Located a short walk from both EMU main campus and COB. Solid masonry, painted just 6 years ago, therefore low maintenance. Good neighborhood on a dead end street. Parking behind the house for 15+. Currently rents for $3750/month. Possible to divide the main floor into another two bedrooms for another $750/month. New coin op washer and dryer in lower level.professionally managed, generates $30/month. Tenants on first two floors pay their own utilities. Landlord pays top floor utilities.Electronic key entry. All locks have been mastered. Wood patio off first floor and storage shed in yard. 5.8 year ROI

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Features
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,339 sqft

    Property

    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 111140430036

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1860

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $289,000
    • Annual tax amount: $8,905

    Price history

    DateEventPrice
    7/21/2016Listing removed$255,000$76/sqft
    Source: Howard Hanna - Ann Arbor #3239384 Report a problem
    6/1/2016Price change$255,000-3.8%$76/sqft
    Source: Howard Hanna - Ann Arbor #3239384 Report a problem
    4/22/2016Listed for sale$265,000+13.9%$79/sqft
    Source: Howard Hanna #3239384 Report a problem
    6/15/2006Sold$232,750+34.9%$70/sqft
    Source: Public Record Report a problem
    7/30/2003Sold$172,500$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,905 $144,500 +5.6%
    2024-- $136,800 +11.3%
    2023-- $122,900 +8.9%
    2022-- $112,900 +3.8%
    2021-- $108,800 +2.5%
    2020$8,302 $106,100 +5.8%
    2019-- $100,300 +13%
    2018-- $88,800 +4%
    2017$5,937 $85,400 +24.4%
    2016$5,937 $68,642 +0.3%
    2015-- $68,437 +3.2%
    2014-- $66,300
    2013-- $66,300 -4.6%
    2012-- $69,500 -12.1%
    2011-- $79,100 -8.8%
    2010-- $86,700 -2.6%
    2009-- $89,000 -3.6%
    2008-- $92,300 -12.5%
    2007-- $105,500 +12.8%
    2005-- $93,500 +2.4%
    2004-- $91,300 +8%
    2003-- $84,500 +20.7%
    2002$3,229 +18.4%$70,000 +21.7%
    2001$2,728 +32.1%$57,500 +15%
    2000$2,065 +138.4%$50,000 +4.4%
    1999$866 $47,900
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ypsilanti Community

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $509,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $509,400