514 Washtenaw Avenue, Ypsilanti, MI 48197

Local realty services provided by:ERA Reardon Realty
514 Washtenaw Avenue,Ypsilanti, MI 48197
$295,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: deuntay fields, sydney gonder
Office: beal properties llc.
MLS#:25028764
Source:MI_GRAR

Price summary

  • Price:$295,000

About this home

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 #:25028764
  • Added:185 day(s) ago
  • Updated:December 17, 2025 at 08:04 PM

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Year built:1870
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$295,000
  • Tax amount:$7,962 (2024)

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