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.
For sale
$449,900
126 College Pl, Ypsilanti, MI 48197
10beds
4,365sqft
Multi Family
Built in 1890
-- sqft lot
$423,900 Zestimate®
$103/sqft
$-- HOA
What's special
- 45 days |
- 468 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Colleen Kennedy 248-417-1396,
Prospect Realty Group 248-417-1396
Source: Realcomp II,MLS#: 20261041496
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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: $103/sqft
- Tax assessed value: $215,573
- Annual tax amount: $17,235
- Date on market: 6/4/2026
- Cumulative days on market: 45 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Estimated market value
$423,900
$403,000 - $445,000
$1,281/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2026 | Listed for sale | $449,900+27.7%$103/sqft |
Source:  Realcomp II #20261041496 Report a problem | ||
| 2/13/2026 | Price change | $1,350-10% |
Source: Zillow Rentals Report a problem | ||
| 11/26/2025 | Listed for rent | $1,500+7.1% |
Source: Zillow Rentals Report a problem | ||
| 5/3/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 3/27/2025 | Listed for rent | $1,400-6.7% |
Source: Zillow Rentals Report a problem | ||
| 8/24/2024 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 7/4/2024 | Listed for rent | $1,500+17.6% |
Source: Zillow Rentals Report a problem | ||
| 2/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/6/2024 | Price change | $1,275-5.6% |
Source: Zillow Rentals Report a problem | ||
| 11/11/2023 | Price change | $1,350-10% |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 4/28/2022 | Sold | $352,300+5.2%$81/sqft |
Source: Realcomp II #2220009774 Report a problem | ||
| 4/28/2022 | Pending sale | $335,000$77/sqft |
Source: Realcomp II #2220009774 Report a problem | ||
| 2/25/2022 | Contingent | $335,000$77/sqft |
Source: Realcomp II #2220009774 Report a problem | ||
| 2/21/2022 | Listed for sale | $335,000+278.5%$77/sqft |
Source: Realcomp II #2220009774 Report a problem | ||
| 3/15/2010 | Sold | $88,500-61.5%$20/sqft |
Source: Public Record Report a problem | ||
| 5/29/2009 | Sold | $230,095+7%$53/sqft |
Source: Public Record Report a problem | ||
| 4/4/2009 | Listed for sale | $215,000-33.4%$49/sqft |
Source: Prudential Real Estate #2903127 Report a problem | ||
| 12/9/2004 | Sold | $323,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Midtown
Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.7 mi
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 0.9 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.3 mi
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