Map
Listed price in listed location currency (USD).
$400,000

020

MLS® 20261041445

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3112 sqft
Garage 
Taxes $7,727
Days Active 13
Lot Size 0.14 Acres
Approx. Age 1865
Avg. Price Per Sqft $128
MLS® Number 20261041445

Property Address: 316 Washtenaw Rd, Ypsilanti, MI, 48197-2528

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20261041445
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1865
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 12, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
316 Washtenaw Rd, Ypsilanti, MI

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