$416,000
Ypsilanti, MI 48197
MLS# 26034680
1 / 4
Property Description
Perfect for student housing. Close to the university and the downtown. Reasonable rents and well maintained. Turnkey investment perfect for a beginner investor.
Details
Location & Property Info
Cross Streets: Michigan & Congress
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 196.04
General Property Info
New Construction: No
Lot Dimensions: 66x99
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2122
Total Parking Spaces: 4
School District: Ypsilanti
Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Year Built: 1843
Tax Info
Taxable Value: 113512
SEV: 125300
For Tax Year: 2025
Seller's Annual Property Tax: 9075
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 11-11-40-463-002
Remarks & Misc
Public Remarks: Perfect for student housing. Close to the university and the downtown. Reasonable rents and well maintained. Turnkey investment perfect for a beginner investor.
Legal: *OLD SID - 11 11-060-060-00 YP CITY 10W-58 LOT 60 ASSESSOR'S PLAT NUMBER 10. 515 CONGRESS
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Gravel: 1
Substructure
Michigan Basement: 1
Owner Pays
None: 1
Unit 1
Unit Description: 1bd
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1bd
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1 bd
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: Studio
Bathrooms: 1
Full Baths: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 515
Street Direction: N
Street Name: Congress
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 4738
OfficeContract Info
Status: Active
Current Price: $416,000
List Price: $416,000
Listing Date: 2026-07-08
Property Features
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric
Heat Source: Electric
Heat Type: Forced Air
Driveway: Gravel
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Supplements
Financial information available once under contract.
Listing Office: Beal Properties LLC
Listing Agent: Andre Kingston
Last Updated: July - 09 - 2026
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