$300,000
Ypsilanti, MI 48197
MLS# 26049241
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Property Description
**Two-Unit Investment Property — Ypsilanti** A fantastic opportunity for investors seeking reliable, established income in a prime Ypsilanti location. This well-maintained two-unit property features two bedrooms and one bathroom in each unit, with the back unit offering convenient access to the garage. Both units are currently occupied by excellent, long-term tenants who have been low-maintenance and reliable. Unit 1 is leased at $1,050/month with a lease in place until February 2027, and Unit 2 is leased at $1,250/month with a lease in place until August 2027 — giving a new owner immediate, secured cash flow with no lease-up period. This property has been a solid, dependable performer, and the sellers are moving forward with the sale only due to a shift in their portfolio strategy — not because of any issues with the property or its income. Unbeatable location — close to Eastern Michigan University and Washtenaw Community College, downtown Ypsilanti, and Depot town!
Details
Location & Property Info
Cross Streets: Forest
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Ownership Type: Broker/Agent Owned
Office/Contract Info
On-Market Date: 2026-09-18
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 110x44
Financial Available: No
Road Frontage: 44
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 4792
Lot Acres: 0.11
Year Built: 1900
Tax Info
Taxable Value: 104911
SEV: 123600
For Tax Year: 2025
Seller's Annual Property Tax: 8387
Tax Year: 2026
Homestead %: 0
Spec Assessment & Ty: No
Zoning: Res
Tax ID #: 11-11-04-362-001
Remarks & Misc
Public Remarks: **Two-Unit Investment Property — Ypsilanti** A fantastic opportunity for investors seeking reliable, established income in a prime Ypsilanti location. This well-maintained two-unit property features two bedrooms and one bathroom in each unit, with the back unit offering convenient access to the garage. Both units are currently occupied by excellent, long-term tenants who have been low-maintenance and reliable. Unit 1 is leased at $1,050/month with a lease in place until February 2027, and Unit 2 is leased at $1,250/month with a lease in place until August 2027 — giving a new owner immediate, secured cash flow with no lease-up period. This property has been a solid, dependable performer, and the sellers are moving forward with the sale only due to a shift in their portfolio strategy — not because of any issues with the property or its income. Unbeatable location — close to Eastern Michigan University and Washtenaw Community College, downtown Ypsilanti, and Depot town!
Legal: *OLD SID - 11 11-600-020-10 YP CITY 50W-12 S 1/2 OF S 1/2 OF LOTS 20 & 21 SCOVILL AND TUTTLE SUBDIVISION OF JARVIS ORIGINAL ADDITION.
Street Type
Paved: 1
Util Avail at Street
High Speed Internet: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Unit: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Gravel: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Front/Upper
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Deck/Patio: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Back/Lower
Occupied: Yes
Monthly Rent: 1075
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Range/Oven: 1
Washer/Dryer: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 625
Street Direction: N
Street Name: Adams
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 3227
OfficeContract Info
Status: Active
Current Price: $300,000
List Price: $300,000
Listing Date: 2026-09-15
Property Features
Laundry Features: In Unit
Exterior Material: Vinyl Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected
Util Avail at Street: High Speed Internet; Public Sewer; Public Water
Extras: Garages
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Gravel
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Dishwasher; Range Oven; Refrigerator
Unit 2: A/C Unit; Range/Oven; Washer/Dryer
Supplements
Updates include, new water heaters in both units (2024), new washer & dryer in unit 2 (2026)Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.
Listing Office: Good Company
Listing Agent: Diane Crouch
Last Updated: September - 18 - 2026
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