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514 Washtenaw Avenue, Ypsilanti, MI 48197

Ypsilanti
Local realty services provided by:CENTURY 21 Forward Realty, Inc.
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:89 day(s) ago
  • Updated:May 03, 2026 at 06:57 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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