$310,000
514 Washtenaw Avenue
Ypsilanti, MI, 48197
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!
Property Details
Price:
$310,000
MLS #:
25028764
Status:
Active
Beds:
0
Baths:
0
Address:
514 Washtenaw Avenue
Type:
Single Family
Subtype:
2 to 4 Units
City:
Ypsilanti
Listed Date:
Jun 16, 2025
State:
MI
ZIP:
48197
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1870
Schools
School District:
Ypsilanti
Interior
Cooling
Window Unit(s)
Fireplaces Total
1
Heating
Steam
Laundry Features
In Basement
Exterior
Construction Materials
Vinyl Siding
Parking Features
Concrete, Driveway
Parking Spots
6
Financial
Tax Year
2024
Taxes
$7,962
Mortgage Calculator
Map
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514 Washtenaw Avenue
Ypsilanti, MI
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