Local realty services provided by:Better Homes and Gardens Real Estate Connections
514 Washtenaw Avenue,Ypsilanti, MI 48197
$285,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tamara vinson
Office: beal properties llc.
MLS#:26003725
Source:MI_GRAR
Price summary
- Price:$285,000
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 #:26003725
- Added:1 day(s) ago
- Updated:February 03, 2026 at 04:56 PM
Heating and cooling
- Heating:Steam
Structure and exterior
- Year built:1870
- Lot area:0.19 Acres
Finances and disclosures
- Price:$285,000
- Tax amount:$7,962 (2025)
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