514 Washtenaw Avenue, Ypsilanti, MI 48197
Local realty services provided by:ERA Reardon Realty
514 Washtenaw Avenue,Ypsilanti, MI 48197
$271,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: tamara vinson
Office: beal properties llc.
MLS#:26003725
Source:MI_MICHRIC
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Price summary
- Price:$271,000
About this home
BEST AND FINAL OFFERS ARE DUE AT 12pm SUNDAY 2/08/2026
This charming property features two income-producing units: one vacant and one occupied. The occupied unit is a spacious 5-bedroom home rented to a long-term tenant receiving government assistance and paying $2,744/month. The vacant unit is a cozy 1-bedroom previously rented for $900/month, offering great potential for an owner-occupant or new tenant. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total potential rent, this property is perfect for investors seeking both stability and upside. Just minutes from EMU, Downtown Ypsi, and Depot Town — a rare opportunity to own a character-rich, high-yield property in a growing market!
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Home facts
- Year built:1870
- Listing ID #:26003725
- Added:57 day(s) ago
- Updated:April 01, 2026 at 06:32 AM
Rooms and interior
- Basement:Yes
- Basement Description:Michigan Basement
Heating and cooling
- Heating:Steam
Structure and exterior
- Year built:1870
- Construction Materials:Vinyl Siding
Finances and disclosures
- Price:$271,000
- Tax amount:$7,962 (2025)
Parking
- Total parking spaces:6
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