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Explore Similar Apartments Within 2 Miles of Depot Town, MI

  • /29

    $499,900

    917 W Cross St, Ypsilanti, MI 48197

    Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars

    Richard Mattie The Charles Reinhart Company

    917 W Cross St, Ypsilanti, MI 48197
  • /21

    $325,000

    • 5 Beds
    • 3 Baths
    • 2,100 Sq Ft

    522 W Michigan Ave, Ypsilanti, MI 48197

    Conveniently located and walking distance to Downtown Ypsilanti Michigan. All three units are occupied and contracted for the next twelve months. This income producing multifamily is perfect for the investor looking for a turn- key property. Units producing income at $1,000., $750, and $725. per month and contracts are through July 2026. Landlord pays water/sewer. Tenants pay electric/gas and

    Team Hinton Hinton Real Estate Group

    522 W Michigan Ave, Ypsilanti, MI 48197
  • /19

    $250,000

    622 N Adams St, Ypsilanti, MI 48197

    Long term tenants, $950 and $1100 per month.

    Hedger Breed C. Hedger Breed

    622 N Adams St, Ypsilanti, MI 48197
  • /13

    $295,000

    514 Washtenaw Ave, Ypsilanti, MI 48197

    Historic duplex with strong cash flow in prime Ypsilanti location! This charming property features two income-producing units: a cozy 1-bedroom recently rented at $900/month, and a spacious 5-bedroom unit occupied by a long-term tenant receiving government assistance and paying $2,744/month. A brand-new boiler has just been installed, providing reliable and efficient heating. With over

    Deuntay Fields Beal Properties LLC

    514 Washtenaw Ave, Ypsilanti, MI 48197
  • /36

    $355,000

    • 3 Beds
    • 4 Baths
    • 2,506 Sq Ft

    501 Washtenaw Rd, Ypsilanti, MI 48197

    ***Turn-Key Investment Property On Eastern Michigan University’s Campus!This exceptional duplex, zoned R-3, offers incredible income potential just steps from Eastern Michigan University's campus. The lower unit offers 4 bedrooms and 2 full bathrooms, while the upstairs unit has 3 bedrooms and 2 full bathrooms—making it ideal for student housing, multi-family living, or even owner-occupancy.

    Darryn Brundage-Forrest @properties Christies Intl RE Ann Arbor

    501 Washtenaw Rd, Ypsilanti, MI 48197

Why Live in Depot Town

Depot Town in Ypsilanti is a historic neighborhood known for its 1800s architecture and vibrant community life. The area is centered around the intersection of Cross and River, featuring colorful buildings with arched windows that house apartments above shops, restaurants, and museums. Depot Town is a hub for local events, including Saturday farmers markets, Thursday night vintage car shows, and the annual Summer Beer Festival. The neighborhood also hosts the Michigan ElvisFest and will be the site for the 2024 Ypsi Pride parade. The Ypsilanti Automotive Heritage Collection's car show and the Ypsilanti Freighthouse's events add to the local charm. Despite occasional traffic and parking challenges due to these events, residents enjoy a lively atmosphere with popular spots like Maiz Mexican Cantina, Sidetrack Bar & Grill, and Hyperion Coffee. The neighborhood is also known for its outdoor spaces, with the Huron River and nearby Frog Island and Riverside parks offering trails, picnicking, and fishing opportunities. Homes in Depot Town range from Victorian to Colonial styles, dating from the mid-1800s to early 1900s, and are part of a protected historic district. While larger grocery stores are a few miles away, the Ypsilanti Food Co-op provides a local shopping alternative. Depot Town is within walking distance of downtown Ypsilanti and Eastern Michigan University, with Ann Arbor 10 miles away and Detroit Metropolitan Airport 15 miles away. The neighborhood is safer than the national average, making it a desirable place to live. For education, Washtenaw International High School (WIHI) is a highly rated option for local students.

Home Trends in Depot Town, MI

Housing Trends

Median Sale Price
$540,489
Median Single Family Sale Price
$540,489
Average Price Per Sq Ft
$340
Number of Homes for Sale
2
Last 12 months Home Sales
33
Months of Supply
0.70
Median List Price
$540,489
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
53%
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