518 W Michigan Avenue, Ypsilanti, MI 48197

Ypsilanti
Local realty services provided by:ERA Reardon Realty
518 W Michigan Avenue,Ypsilanti, MI 48197
$296,400
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael slater
Office: beal properties llc.
MLS#:26034687
Source:MI_MICHRIC

Price summary

  • Price:$296,400

About this home

Turnkey investment perfect for any investor. Perfect for student housing. This 3 unit/residential multi-family is close to the university and the downtown. An old large house turned into apartments with reasonable rents and well maintained. With parking spaces, the city transit and nearby business and food services, this is an ideal location. High earnings . Clean spacious, and ready to make someone passive income. Zoning map attached. Monthly income is $2,665. Financial information available upon signed contract.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1893
  • Listing ID #:26034687
  • Added:110 day(s) ago
  • Updated:October 27, 2026 at 06:02 PM

Rooms and interior

  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Crawl Space, Michigan Basement, Slab

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1893
  • Lot area:0.12 Acres
  • Construction Materials:Vinyl Siding

Finances and disclosures

  • Price:$296,400
  • Tax amount:$7,537 (2025)

Parking

  • Total parking spaces:2

New listings near 518 W Michigan Avenue