3 Days Ago
Location
115 College Place, Ypsilanti, Michigan 48197, United States
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Amenities for 115 College Place
Apartment Amenities
| 2 Floors | Ceiling Fan |
| Natural Gas | Radiant |
Building
| Basement | Onsite Laundry |
Grounds
| Garage Parking | Storage |
Other
| Architecture Style: Colonial | Ceiling Fans |
| Four Rooms | Roof Type: Asphalt |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 115 College Place
Property Status: Active 1 Bedroom / 1 Bath Apartment for lease. Located inside of a 4-Unit Multifamily in the Heart of Ypsilanti. Walk to town or EMU! Welcome 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 seasoned investors and those entering the multifamily market. Each of the four units is being leased, generating immediate rental income with long-term upside. The building features numerous capital improvements including a new boiler system, durable vinyl siding, and Trex composite decking that ensures low maintenance and curb appeal. Many units have been updated with fresh finishes, offering clean and functional living spaces while still leaving room for future value-add potential. Tenants enjoy a common secured front entry, shared on-site laundry, and private parking, a rare commodity in the area. Above, a spacious walk-up attic offers even more room for more usages and storage options. A detached garage provides extra storage for maintenance tools, seasonal items, or additional possibilities. Located on a quiet dead end, residential street just blocks from EMU, Depot Town, and expressways, this property is in a high-demand rental area with strong tenant retention. Units are occupied; please do not disturb tenants. Private tours are available by appointment only through the listing agent upon application approval. Office Phone: (734) 777-4448 Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 115 College Place compares to other nearby properties.
Positives
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Address details
| Zip code | 48197 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Ypsilanti
1-bedroom apartments at 115 College Place cost about 10% more than the average rent price for 1-bedroom apartments in Ypsilanti.
Median rents as of Dec 13 2025.
Ypsilanti
| Month | Median Rent |
|---|---|
| December 2023 | $1,145 |
| January 2024 | $1,107 |
| February 2024 | $1,086 |
| March 2024 | $1,085 |
| April 2024 | $1,070 |
| May 2024 | $1,041 |
| June 2024 | $1,056 |
| July 2024 | $1,129 |
| August 2024 | $1,146 |
| September 2024 | $1,148 |
| October 2024 | $1,125 |
| November 2024 | $1,129 |
| December 2024 | $1,146 |
| January 2025 | $1,047 |
| February 2025 | $1,094 |
| March 2025 | $1,095 |
| April 2025 | $1,115 |
| May 2025 | $1,111 |
| June 2025 | $1,121 |
| July 2025 | $1,113 |
| August 2025 | $1,090 |
| September 2025 | $1,094 |
| October 2025 | $1,096 |
| November 2025 | $1,112 |
| December 2025 | $1,095 |
Affordability calculator
Can I afford to live at 115 College Place?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 115 College Place
Perry Early Learning Center
550 perry st
ypsilanti, MI, 48197
PK, K-1Public
B-
Estabrook Elementary School
1555 w cross st
ypsilanti, MI, 48197
1-8Public
C-
Holmes Elementary School
1255 holmes rd
ypsilanti, MI, 48198
K-6Public
C-
Erickson Elementary School
1427 levona st
ypsilanti, MI, 48198
1-6Public
C-
Ford Early Learning Center
2440 e clark rd
ypsilanti, MI, 48198
PK, K-6Public
B-
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Internet available near 115 College Place
Getting around Ypsilanti near 115 College Place
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 115 College Place, Ypsilanti
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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