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Explore Similar Apartments Within 2 Miles of Prospect Park, MI

  • /47

    $550,000

    • 4 Beds
    • 4 Baths
    • 1,884 Sq Ft

    102 Spring St, Ypsilanti, MI 48197

    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,

    Justin Ford EXP Realty Plymouth

    102 Spring St, Ypsilanti, MI 48197
  • /10

    $920,000

    221 N Normal St, Ypsilanti, MI 48197

    Fabulous income property within steps of Eastern Michigan University campus! This modern 6 unit apartment building comes with off street parking and the location on the corner of Washtenaw Ave and N Normal St can't be beat. The building consists of two 2 bedroom apartments and four 3 bedroom apartments and in unit laundry. A, B, C have their own entrances. There are three furnaces, one for each

    Ed Ridha The Charles Reinhart Company

    221 N Normal St, Ypsilanti, MI 48197
  • /34

    $299,900

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    992 Parkwood Ave, Ypsilanti, MI 48198

    GREAT INVESTMENT OPPORTUNITY. COMPLETELY REMODELED DUPLEX 2025, LOCATED 10 MINUTES FROM THE MIDDLE OF EASTERN MICHIGAN UNIVERSITY CAMPUS. BOTH UNITS HAVE 2 BEDROOMS AND 1 BATH. BOTH UNITS HAVE ALL NEW APPLIANCES, INCLUDING: STOVE, REFRIDGERATOR, DISHWASHER AND MICROWAVE. BOTH KITCHENS HAVE GRANITE COUNTERTOPS AND SOFT CLOSE CABINETS AND DRAWERS. 2 NEW FURNACES, HOT WATER TANKS AND AIR

    Morris Hall Maxim Properties LLC

    992 Parkwood Ave, Ypsilanti, MI 48198
  • /33

    $1,300,000

    627 N River St, Ypsilanti, MI 48198

    Four 2 bedroom 1 bath apartment full of charm, located within walking distance of Depot Town. Updated kitchen with granite, tile bath and engineered flooring throughout. Gas heat, water and air conditioning included in lease. Spacious outside area with concrete pad for entertaining, security cameras and internet. Laundry facility located in basement.

    Douglas Geidner Team Geidner Investments PC

    627 N River St, Ypsilanti, MI 48198
  • /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
  • /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
  • /48

    $475,000

    • 4 Beds
    • 6 Baths
    • 3,076 Sq Ft

    115 College Place, Ypsilanti, MI 48197

    Investment Opportunity in the Heart of Ypsilanti – 4-Unit MultifamilyWelcome to 115 College Place, a well-maintained and updated 4-unit multifamily residence in one of Ypsilanti’s most sought-after investment corridors. Located just minutes from Eastern Michigan University and Downtown Ypsi’s growing cultural and dining scene, this property presents an outstanding opportunity for both

    Joshua Dillon J Dillon Realty

    115 College Place, Ypsilanti, MI 48197
  • /2

    $549,900

    739 Harriet St, Ypsilanti, MI 48197

    Unlock a fantastic investment opportunity at 739 Harriet, Ypsilanti—a 5-bedroom, 2-bathroom duplex and a 4 bedroom, 3-bathroom triplex currently operating as a rental! These well-maintained properties features five spacious units, each designed for comfortable living, ensuring consistent rental income. Ideal for investors or those seeking a turnkey income property, this duplex and triplex offers

    Jeremy Rhodes Cornerstone Real Estate

    739 Harriet St, Ypsilanti, MI 48197
  • /28

    $399,000

    609 Emmet St, Ypsilanti, MI 48197

    Diane Hudzik Key Realty One LLC

    609 Emmet St, Ypsilanti, MI 48197

Why Live in Prospect Park

Prospect Park in Ypsilanti Township is a family-friendly neighborhood featuring mid-20th century homes, including Cape Cods, bungalows, cottages, and a few ranch styles and colonials. Most homes are modest in size, typically under 1,500 square feet, with many around 800 square feet offering two to three bedrooms. The area is characterized by its woodsy streets, which come alive with fall colors. Residents enjoy proximity to Depot Town, a historic area less than a mile south, known for its local dining and shopping options, including Sidetrack Bar and Grill and Silver Spoon Antiques. Arbor Brewing Company's Corner Brewery and Chick Inn Drive-in are local favorites within Prospect Park itself. The neighborhood's namesake, Prospect Park, spans nearly 10 acres and features a skatepark, playground, and ample green space. Nearby Frog Island Park and Riverside Park host events like the Ypsilanti Jazz Festival and Michigan Summer Beer Festival. The Ann Arbor Transportation Authority, known as TheRide, provides bus services, making commuting convenient. Ann Arbor is a 15-mile drive via Highway 94, while Trinity Health Ann Arbor Hospital is 3 miles away. For air travel, Detroit Metropolitan Wayne County Airport is 17 miles east. The area has a low crime risk compared to the national average.

Home Trends in Prospect Park, MI

Housing Trends

Median Sale Price
$251,450
Median Single Family Sale Price
$265,250
Median 2 Bedroom Sale Price
$177,000
Average Price Per Sq Ft
$202
Number of Homes for Sale
0
Last 12 months Home Sales
32
Months of Supply
0.00
Median List Price
$239,900
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
12%
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