316 Washtenaw Avenue, Ypsilanti, MI 48197
Local realty services provided by:CENTURY 21 Affiliated
316 Washtenaw Avenue,Ypsilanti, MI 48197
$400,000
- - Beds
- 2 Baths
- 3,112 sq. ft.
- Multi-family
- Active
Listed by: carlo gobba
Office: exp realty main
MLS#:20261041445
Source:MI_REALCOMP
Price summary
- Price:$400,000
- Price per sq. ft.:$128.53
About this home
Opportunities like this don't come along often. Whether you're looking to expand your investment portfolio, house hack, or own a piece of local history, this beautifully maintained side-by-side duplex checks all the boxes.
Offering approximately 3,112 square feet, this income-producing property features 7 bedrooms and 2 full baths between two spacious units. One side offers 3 bedrooms and 1 bath, while the other features 4 bedrooms and 1 bath.
From the moment you arrive, you'll appreciate the curb appeal, mature trees, colorful landscaping, and timeless character. Inside, you'll find hardwood floors, classic moldings, fireplaces, and historic details throughout.
The numbers make sense too. Market rents are estimated at approximately $4,200 per month, with the 4-bedroom unit projected at $2,150/month and the 3-bedroom unit at $1,950/month. The current tennant vacates in August so you can take these up to current market rates!
Most major improvements have already been completed, including updated 90% effecient furnaces, water heaters, plumbing, central air units, dimensional shingle roof, and more. Very little is left to do but collect rent and enjoy ownership.
Conveniently located near parks, shopping, dining, campus amenities, and I-94, the property also offers 6 off-street parking spaces behind the home plus additional street parking.
Don't wait. Properties with this combination of historic charm, strong cash flow, major updates, and prime location don't last long. Schedule your showing today. *A house hacker may qualify for an FHA 5% owner occupant loan too! Live in one side and rent the other!
Showings begin Saturday, June 13th after 1:00 PM on vacant Unit #316. The occupied unit will be shown upon accepted offer.
AGENTS: Download the SentriLock app for convenient access. Check Agent Remarks or ShowingTime for the secure offer submission link. Do NOT email offers....
Contact an agent
Home facts
- Year built:1865
- Listing ID #:20261041445
- Added:1 day(s) ago
- Updated:June 14, 2026 at 10:07 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Unfinished
- Living area:3,112 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1865
- Building area:3,112 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Colonial
- Construction Materials:Wood Siding
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$128.53
- Tax amount:$7,727
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