$299,900
PENDING $25K PRICE DROP

Estimated payment $2,005/month

Total Views 11,309
5 Beds
3 Baths
2,100 Sq Ft
$143 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Cats Allowed

About This Home

Priced to sell.-Conveniently located and walking distance to Downtown Ypsilanti Michigan. All three units are occupied and contracted for the next twelve months. This income producing multifamily is perfect for the investor looking for a turn- key property. Units producing income at $1,000., $750, and $725. per month and contracts are through July 2026. Landlord pays water/sewer. Tenants pay electric/gas and cable/internet. Please do not approach tenants or disturb the property without an appointment.
All three units will be shown every Thursday.

Listing Agent

Team Hinton

Hinton Real Estate Group License #6501339686 Listed on: 07/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1883 | Remodeled in 1989

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66.00x100.00

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 111140463037

Community Details

Overview

  • 3 Units
  • Assrs 10 Ypsilanti Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,179

Year Built

Built in 1883 | Remodeled in 1989

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1883
  • State Equalized Value: 117000.0000
  • Year Renovated: 1989
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Total Sq Ft: 2100

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Stone
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 66.00X100.00
  • Parcel Number: 111140463037
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2475

Tax Info

  • Tax Amount Summer: 4936.0000
  • Tax Amount Winter: 243.0000
  • Total Tax: 5179.0000
  • Taxable Value: 64163.0000

Multi Family

  • Gross Scheduled Income: 29700.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Ypsilanti

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 $5,019 $117,000 $0 $0
2024 $4,936 $108,500 $0 $0
2023 $4,654 $96,800 $0 $0
2022 $4,807 $88,300 $0 $0
2021 $4,722 $85,900 $0 $0
2020 $4,828 $76,600 $0 $0
2019 $4,660 $66,800 $66,800 $0
2018 $4,372 $65,400 $0 $0
2017 $4,283 $63,400 $0 $0
2016 $4,336 $50,136 $0 $0
2015 -- $49,987 $0 $0
2014 -- $49,000 $0 $0
2013 -- $49,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Pending -- -- --
09/29/2025 09/29/25 Price Changed $299,900 -7.7% $143 / Sq Ft
07/19/2025 07/19/25 For Sale $325,000 -- $155 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20251017966

Realcomp

APN: 11-40-463-037