316 Washtenaw Avenue, Ypsilanti, MI 48197
316 Washtenaw Avenue, Ypsilanti, MI 48197
316 Washtenaw Avenue, Ypsilanti, MI 48197
316 Washtenaw Avenue, Ypsilanti, MI 48197
316 Washtenaw Avenue, Ypsilanti, MI 48197
316 Washtenaw Avenue, Ypsilanti, MI 48197
See all 44 photos

$367,500

$400,000

8.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Baths

6,098 Sqft Lot


SOLD DATE : 07/23/2026

Key Details

Sold Price $367,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Municipality Ypsilanti City

Subdivision Ypsilanti City

MLS Listing ID 20261041445

Sold Date 07/23/26

Year Built 1865

Annual Tax Amount $7,727

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 83x75

Source Realcomp

Property Description

Opportunities like this don't come along often. Whether you're looking to expand your investment portfolio, house hack, or own a piece of local history, this beautifully maintained side-by-side duplex checks all the boxes.Offering approximately 3,112 square feet, this income-producing property features 7 bedrooms and 2 full baths between two spacious units. One side offers 3 bedrooms and 1 bath, while the other features 4 bedrooms and 1 bath.From the moment you arrive, you'll appreciate the curb appeal, mature trees, colorful landscaping, and timeless character. Inside, you'll find hardwood floors, classic moldings, fireplaces, and historic details throughout.The numbers make sense too. Market rents are estimated at approximately $4,200 per month, with the 4-bedroom unit projected at $2,150/month and the 3-bedroom unit at $1,950/month. The current tennant vacates in August so you can take these up to current market rates!Most major improvements have already been completed, including updated 90% effecient furnaces, water heaters, plumbing, central air units, dimensional shingle roof, and more. Very little is left to do but collect rent and enjoy ownership.Conveniently located near parks, shopping, dining, campus amenities, and I-94, the property also offers 6 off-street parking spaces behind the home plus additional street parking.Don't wait. Properties with this combination of historic charm, strong cash flow, major updates, and prime location don't last long. Schedule your showing today. *A house hacker may qualify for an FHA 5% owner occupant loan too! Live in one side and rent the other!Showings begin Saturday, June 13th after 1:00 PM on vacant Unit #316. The occupied unit will be shown upon accepted offer.AGENTS: Download the SentriLock app for convenient access. Check Agent Remarks or ShowingTime for the secure offer submission link. Do NOT email offers.

Location

State MI

County Washtenaw

Zoning Multi-Family,Residential

Direction West of Huron and North of Michigan Ave

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Wood Siding

Schools

School District Ypsilanti

Others

Tax ID 111140413005

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by EXP Realty Main

Nearby Locations

Bailey Walsh

Ready to make a move? I'm ready to help!

 

Whether you want to buy, sell or both (even if you're not quite ready yet), I'd love to chat and guide you every step of the way! 

+1(734) 417-2998

baileywalsh@epique.me

2455 W Stadium Blvd, Ann Arbor, MI 48103, USA

GET MORE INFORMATION

Name
Phone*
Message

I consent to receiving phone calls or texts regarding real estate & may unsubscribe at any time.