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!
Active
$310,000
514 Washtenaw Ave, Ypsilanti, MI 48197
6beds
3baths
--sqft
Est.:
2 to 4 Units
Built in 1870
-- sqft lot
$304,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days
- on Zillow |
- 453 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 10:38am
Listed by:
Deuntay Fields 734-725-1595,
Beal Properties LLC 734-662-6133
Source: MichRIC,MLS#: 25028764

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Steam
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Basement: Michigan Basement
- Number of fireplaces: 1
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Driveway
Features
- Waterfront features: Other
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 51 x 164
Details
- Parcel number: 111140182010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Utilities for property: Natural Gas Available, Natural Gas Connected
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Tax assessed value: $95,674
- Annual tax amount: $7,962
- Date on market: 6/16/2025
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Loading
- Loading