$285,000

514 Washtenaw Avenue, Ypsilanti, MI 48197

Multi-Family Home
Built in 1870
8,276sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

BEST AND FINAL OFFERS ARE DUE AT 12pm SUNDAY 2/08/2026This charming property features two income-producing units: one vacant and one occupied. The occupied unit is a spacious 5-bedroom home rented to a long-term tenant receiving government assistance and paying $2,744/month. The vacant unit is a cozy 1-bedroom previously rented for $900/month, offering great potential for an owner-occupant or new tenant. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total potential rent, this property is perfect for investors seeking both 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!

Listing Status:: Pending
Data Last Updated:: February 16, 2026 at 12:48AM
Listing Office:: Beal Properties LLC : 734-662-6133
Listing Agent:: Tamara Vinson : 248-943-3635
MLS ID:: 70513408

Basement: MI Basement
Heating: Steam

General: Vinyl SidingBasement

Road/Access: City/County
Originating MLS: MiRealSource
School District: Ypsilanti Public School District
County: Washtenaw

Zoning: *OLD SID - 11 11-115-608-00 YP CITY 13W-64 LOT 8BLK 6 DAVID F. BALLENTINES & RICHARD E. MORSE'S ALLOTMENT OF THE WESTERN ADDITION.

Source: MiRealSource

This listing courtesy of Tamara Vinson , Beal Properties LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Perry Early Learning Center

550 Perry St, Ypsilanti, MI, 48197

Grades PK-1

0.77 miles away

Washtenaw International Middle Academy

105 N Mansfield St, Ypsilanti, MI, 48197

Grades 6-8

0.94 miles away

Ypsilanti Community High School

2095 Packard Rd, Ypsilanti, MI, 48197

Grades 9-12

1.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.