514 Washtenaw Avenue
Ypsilanti, MI 48197
Map
- – beds
- – baths
- – sqft
- 8,276 sqft lot
- 1870 build
- – on site
Historic duplex with strong cash flow in prime Ypsilanti location! This charming property features two income-producing units: a cozy 1-bedroom recently rented at $900/month, and a spacious 5-bedroom unit occupied by a long-term tenant receiving government assistance and paying $2,744/month. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total rent, this property is perfect for investors looking for 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!
Last checked:
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Last updated Jun 16, 2025
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MLS# 81025028764 —
The Building
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Year Built:1870
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Construction Materials:VinylSiding
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Basement:true
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Foundation Details:MichiganBasement
Interior
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Laundry Features:InBasement
Location
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Directions:From I-94, take exit 183 for Huron St toward Ypsilanti. Head north on Huron St, then turn right onto Washtenaw Ave. Property will be on your left just past Hamilton St.
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Cross Street:Washtenaw Ave & Hamilton St
The Property
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Parcel Number:111140182010
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.19
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Lot Size Area:8276.0
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Lot Size Dimensions:51x164
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Lot Size Units:SquareFeet
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Road Frontage Feet:40
Listing Agent
- Contact info:
- Agent phone:
- (734) 725-1595
- Office phone:
- (734) 662-6133
Taxes
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Tax Legal Description:Buyer and buyer's agent to verify all information including unit sizes, zoning, and legal use. Monthly rents: Unit 1 - $900/month (1BR), Unit 2 - $2,744/month (5BR, tenant on government assistance). Tenants' rights apply. Property is being sold as-is.
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Tax Assessed Value:95674
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Tax Annual Amount:7962.0
Heating & Cooling
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Heating:NaturalGas, Steam
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Ypsilanti
The Community
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Waterfront:false
Parking
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Parking Total:6.0
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Parking Features:Concrete
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Metropolitan Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/16/25
Jun 16, 2025
|
Listed / Active | REALCOMP | $310,000 |
