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For sale
    • Price cut: $54.9K (8/19)
    $395,000

    126 College Pl, Ypsilanti, MI 48197

    10beds
    4,365sqft
    : 
    $3,021/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $383,000 Zestimate®
    $90/sqft
    $-- HOA

    What's special

    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.
    94 days
    578
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Kennedy 248-417-1396,

    Prospect Realty Group 248-417-1396

    Source: Realcomp II,MLS#: 20261041496MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      • Full bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Common,Partial,Unfinished,Walk Out Access
      • Has fireplace: No
      Interior area
      • Total interior livable area: 4,365 sqft
      • Finished area above ground: 4,365

      Property

      Parking
      • Total spaces: 4
      • Parking features: Shared Driveway, Unassigned
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 52 x 117
      Details
      • Parcel number: 111140430033
      • Zoning description: MultiFamily, Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Early American
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar, Stone
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: COLLEGE PLACE ADD
      Location
      • Region: Ypsilanti

      Financial & listing details

      • Price per square foot: $90/sqft
      • Tax assessed value: $215,573
      • Annual tax amount: $17,235
      • Date on market: 6/4/2026
      • Cumulative days on market: 94 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Warranty Deed

        Estimated market value

        $383,000

        $364,000 - $402,000

        $1,303/mo

        Price history

        DateEventPrice
        9/5/2026Price change$1,350-8.2%
        Source: Zillow Rentals Report a problem
        9/4/2026Listed for rent$1,470+8.9%
        Source: Zillow Rentals Report a problem
        8/19/2026Price change$395,000-12.2%$90/sqft
        Source: Realcomp II #20261041496 Report a problem
        6/24/2026Listing removed$1,350
        Source: Zillow Rentals Report a problem
        6/4/2026Listed for sale$449,900+27.7%$103/sqft
        Source: Realcomp II #20261041496 Report a problem
        2/13/2026Price change$1,350-10%
        Source: Zillow Rentals Report a problem
        11/26/2025Listed for rent$1,500+7.1%
        Source: Zillow Rentals Report a problem
        5/3/2025Listing removed$1,400
        Source: Zillow Rentals Report a problem
        3/27/2025Listed for rent$1,400-6.7%
        Source: Zillow Rentals Report a problem
        8/24/2024Listing removed$1,500
        Source: Zillow Rentals Report a problem
        7/4/2024Listed for rent$1,500+17.6%
        Source: Zillow Rentals Report a problem
        2/16/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/6/2024Price change$1,275-5.6%
        Source: Zillow Rentals Report a problem
        11/11/2023Price change$1,350-10%
        Source: Zillow Rentals Report a problem
        6/6/2023Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        4/28/2022Sold$352,300+5.2%$81/sqft
        Source: Realcomp II #2220009774 Report a problem
        4/28/2022Pending sale$335,000$77/sqft
        Source: Realcomp II #2220009774 Report a problem
        2/25/2022Contingent$335,000$77/sqft
        Source: Realcomp II #2220009774 Report a problem
        2/21/2022Listed for sale$335,000+278.5%$77/sqft
        Source: Realcomp II #2220009774 Report a problem
        3/15/2010Sold$88,500-61.5%$20/sqft
        Source: Public Record Report a problem
        5/29/2009Sold$230,095+7%$53/sqft
        Source: Public Record Report a problem
        4/4/2009Listed for sale$215,000-33.4%$49/sqft
        Source: Prudential Real Estate #2903127 Report a problem
        12/9/2004Sold$323,000$74/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,943 $249,900 +21%
        2024-- $206,500 +6.5%
        2023-- $193,900 +10.1%
        2022-- $176,100 +3%
        2021-- $170,900 +1.7%
        2020$9,747 $168,100 +8.9%
        2019-- $154,400 +10.4%
        2018-- $139,900 +6.3%
        2017$8,753 $131,600 +30%
        2016$8,753 $101,200 -4.8%
        2015-- $106,322 +3.2%
        2014-- $103,000
        2013-- $103,000 -6%
        2012-- $109,600 -12.5%
        2011-- $125,300 -4.5%
        2010-- $131,200 -3.6%
        2009-- $136,100 -10.1%
        2008-- $151,400 -4.2%
        2007-- $158,004 +1%
        2005-- $156,400 +6%
        2004-- $147,500 +8%
        2003-- $136,600 +13%
        2002$5,274 +18.4%$120,900 +13.3%
        2001$4,456 +34.2%$106,700 +22.5%
        2000$3,320 +138.4%$87,100 +13%
        1999$1,392 $77,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        78 / 100
        Very Walkable
        56 / 100
        Good Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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