This well-maintained 4-unit property offers a strong rental history and immediate income potential. All four units are currently leased—three with long-term tenants and the fourth on a flexible month-to-month agreement—providing stable cash flow and minimal vacancy risk for investors or owner-occupants.
Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals—a rare and sought-after upgrade in rental properties. Interiors are clean, well-kept, and reflect ongoing care and quality maintenance.
A standout feature is the spacious, mostly finished garage, which includes two heated areas. Whether used for parking, storage, or creative use, this space offers an opportunity for additional income or expanded utility.
Adding even more long-term potential, the property is uniquely situated on a natural spring, opening possibilities for eco-conscious ventures or future development—an uncommon and valuable characteristic.
Whether you're looking for a turnkey, income-generating asset or a multi-family property with flexibility and character, this opportunity checks all the boxes.
Don’t miss your chance to own a versatile, income-generating property in a desirable location!
For sale
$550,000
102 Spring St, Ypsilanti, MI 48197
4beds
1,884sqft
Est.:
Multi Family
Built in 1904
-- sqft lot
$-- Zestimate®
$292/sqft
$-- HOA
What's special
Spacious mostly finished garageSolid oak hardwood floorsGarbage disposalsUpdated stainless steel appliances
- 109 days |
- 226 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 08:11am
Listed by:
Justin S Ford 855-477-7355,
EXP Realty Plymouth 855-477-7355,
Joy Ford 855-477-7355,
EXP Realty Plymouth
Source: Realcomp II,MLS#: 20251032811
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,884 sqft
- Finished area above ground: 1,884
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.29 Acres
- Dimensions: 145 x 70 x 165 x 92 x 10
Details
- Parcel number: 111139403027
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $64,974
- Annual tax amount: $5,244
- Date on market: 9/8/2025
- Cumulative days on market: 117 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,704/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Listed for sale | $550,000+423.8%$292/sqft |
Source: | ||
| 1/17/2025 | Sold | $105,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,245 | $106,100 +8.7% |
| 2024 | -- | $97,600 +10.4% |
| 2023 | -- | $88,400 +19.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,516/mo
Principal & interest
$2640
Property taxes
$683
Home insurance
$193
Climate risks
Neighborhood: Historic South Side
Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.4 mi
- 3/10Ypsilanti Community Middle SchoolGrades: 5-8Distance: 0.8 mi
- 3/10AC Tech High SchoolGrades: 9-12Distance: 1.7 mi
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