$325,000

522 W Michigan Ave Ypsilanti, MI 48197

Woods Road Neighborhood

Estimated payment $2,232/month

Total Views 284
5 Beds
3 Baths
2,100 Sq Ft
$155 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Cats Allowed

About This Home

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. 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
  • Sq Ft Combined: 2100
  • Total Sq Ft: 2100
  • Sq Ft Total Bsmt: 648

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: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Ypsilanti

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
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: Ypsilanti

Map

Range of Values:

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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 $4,936 $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 Change Sq Ft Price
07/19/2025 07/19/25 For Sale $325,000 -- $155 / Sq Ft
Source: Realcomp

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Unknown
Source: Public Records

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Source: Realcomp

MLS Number: 20251017966

Realcomp

APN: 11-40-463-037

Michigan Washtenaw County Ypsilanti 48197 Woods Road

522 W Michigan Ave, Ypsilanti, MI

This home is located at 522 W Michigan Ave, Ypsilanti, MI 48197 and is currently priced at $325,000, approximately $154 per square foot. This property was built in 1883. 522 W Michigan Ave is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Team Hinton
Listing Agent
Team Hinton
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Hinton Real Estate Group
(734) 441-2577