425 N Adams Street
Ypsilanti, Michigan 48197
4
Bed
0
Bath
0.18Acre(Lot)
Fully occupied 4-unit investment property in Ypsilanti featuring four 1-bedroom, 1-bath units and $37,740 in current annual rental income, including garage income. All four units are currently rented, providing an investor with established cash flow from day one. Each unit offers a practical layout, with locked private storage for each tenant in the basement and shared washer and dryer facilities. The property also includes a detached garage, currently generating additional rental income. Conveniently located near downtown Ypsilanti, Eastern Michigan University, shopping, dining, parks and major commuter routes. A great opportunity to add a fully rented, income-producing multifamily property to your investment portfolio with potential for future rental growth.
Property Details
Map
Map
Features
-
Interior Features
Other,Laundry Facility Roof: Composition -
Heating & Cooling
Cooling: Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1915 Total Units: 4 Roof: Composition -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.18 Lot Dimensions: NA Frontage Feet: 47 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $375,000 -
Listing Information
Possession: At Close Legal Description: *OLD SID - 11 11-441-388-00 YP CITY 44W-86 S 46 1/2 FT OF LOT 388 NORRIS & CROSS ADDITION.
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Tax Information
Annual Tax: $7,125 Parcel Number: 111140109023Possession
At CloseLegal Information
Legal Description: Section: *OLD SID - 11 11-441-388-00 YP CITY 44W-86 S 46 1/2 FT OF LOT 388 NORRIS & CROSS ADDITION.
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Unit 1 Information
# of Bedrooms: 4
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School Information
School District: Ypsilanti -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 428 N Washington Street , Ypsilanti, MI, 48197 | $339,000 | 5 | -- | -- | 0.08 Acre |
| 430 N Adams Street , Ypsilanti, MI, 48197 | $395,000 | 8 | 5 | 3,400 | 0.10 Acre |
| 518 W Michigan Avenue , Ypsilanti, MI, 48197 | $296,400 | 3 | -- | -- | 0.12 Acre |
| 415 W Forest Avenue , Ypsilanti, MI, 48197 | $650,000 | 7 | 3 | 3,295 | 0.25 Acre |
| 515 N Congress Street , Ypsilanti, MI, 48197 | $395,200 | 3 | -- | -- | 0.15 Acre |
| 126 College Place , Ypsilanti, MI, 48197 | $395,000 | 10 | 4.5 | 4,365 | 0.14 Acre |
| 360 1st Avenue , Ypsilanti, MI, 48197 | $175,000 | 4 | 4 | 2,874 | 0.45 Acre |
| 932 N Congress Apt3 Str.., Ypsilanti, MI, 48197 | $1,600 | 2 | 2 | 800 | 0.18 Acre |
| 217 N Normal Street , Ypsilanti, MI, 48197 | $349,900 | 7 | 4 | 3,325 | 0.24 Acre |
| 412 N Washington , Ypsilanti, MI, 48197 | $339,000 | 8 | -- | -- | 0.12 Acre |
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ByOwner last updated this listing 10/04/2026 @ 00:03
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