Back 881 Monroe Street
Off Market

881 Monroe Street

Ypsilanti MI 48197

2
1040 sq. ft.
0.15 ac.
Multi-Family
Last sold for $165,000
Mike ShannonMike Shannon, last sold this property on 21 May 2026 after 40 days on market.

Overview

Brick Multifamily Investment Property - 881-883 Monroe - Close to Eastern Michigan University, Depot Town and the I-94 Freeway. Separate electric, separate gas. Updates include: Vinyl windows, dimensional shingles, steet exterior doors. Very Long term tenants on month to month. Do not disturb tenants. Subject to tenant's rights.

Features

2 bathrooms
1040 sq. ft. floor area
0.15 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Ypsilanti over the last 12 months, the estimated median property value of 881 Monroe Street is $340k.

Median value
$340k
Estimated value range
$165k - $900k
Median days on market
47
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ypsilanti. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 881 Monroe Street

2026
Sold
$165,000
21 May 2026 by Mike Shannon, of Metropolitan Real Estate

Happy sellers in Ypsilanti

<50%
Less than 50% of sellers in Ypsilanti reported that their sale price either exceeded or met their price expectations.

Ypsilanti stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Ypsilanti over the last 12 months.

Local market activity for multi families in Ypsilanti

In the last 12 months, 14 multi families similar to 881 Monroe Street, have been sold.

This represents a 23% increase in multi families sales when compared to the previous 12 months.

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