$265,000
PENDING

1729 N Prospect Rd Ypsilanti, MI 48198

Estimated payment $1,808/month

Total Views 602
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 8.94 Acre Lot
  • Window Unit Cooling System
  • Heating System Uses Steam
  • 1 Fireplace
  • Laundry Room

About This Home

Exceptional investment opportunity: a rare 3-bedroom triplex situated on nearly 9 acres of beautiful land. This property offers the unique advantage of Superior Township taxes while being just a 5-minute drive from the vibrant Depot Town and Eastern Michigan University (EMU) campus.
Currently, two of the three units are leased, providing immediate rental income. The remaining unit has been freshly painted and is available for owner occupancy or immediate lease, offering flexibility for the new owner.
This is a prime opportunity for serious investors looking for a valuable asset with strong potential. Due to the current occupancy, we kindly request that you do not disturb the existing tenants.
For additional information, including financials please contact agent. BATVI

Listing Agent

Shannon Picknell

Coldwell Banker Professionals License #6501383324 Listed on: 09/15/2025

Coldwell Banker Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1945

Lot Details

  • 8.94 Acre Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Laundry Room

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Heating System Uses Steam
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,895

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1945
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 0
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Driveway:Gravel: Yes
  • Substructure:Slab: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Heat Type:Steam: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 265000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Steam
  • Heating: Yes
  • Laundry Features: Common Area, Laundry Room
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Source: Well
  • Water Well: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Acres: 8.94
  • Lot Size Area: 8.94
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 389426.0

Rental Info

  • Owner Pays: Electricity
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4895.4
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,674 $93,600 $0 $0
2024 $3,835 $86,700 $0 $0
2023 $3,703 $82,000 $0 $0
2022 $4,649 $80,900 $0 $0
2021 $4,515 $78,800 $0 $0
2020 $4,462 $77,400 $0 $0
2019 $4,358 $77,500 $77,500 $0
2018 $3,993 $71,700 $0 $0
2017 $3,907 $71,400 $0 $0
2016 $3,235 $70,700 $0 $0
2015 $3,710 $70,300 $0 $0
2014 $3,710 $69,700 $0 $0
2013 -- $69,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Pending -- -- --
09/15/2025 09/15/25 For Sale $265,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $162,000 --
Deed $178,125 --
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25047342

Southwestern Michigan Association of REALTORS®

APN: 10-33-400-035