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$495,000

  • For Sale
  • Active
  • Single Family
  • 4 Total Baths
  • Updated 3 days ago
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Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.

Full Property Details for 124 N Summit St

General

  • Price: $495,000
  • Taxes: $8,821
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26042161
  • Updated: 8/20/2026
  • Added to Site: 12 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 14
  • Parking Features: Asphalt, Driveway, Concrete

Location

  • County: Washtenaw
  • Cross Streets: Summit St and Grant St
  • Driving Directions: N Summit St and Grant St

Heating & Cooling

  • Heating Type: Baseboard, Hot Water

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,191
  • Lot Dimensions: 62 x 150
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $8,821.29
  • Terms: Cash, Conventional
  • Landlord Pays: None
  • Tenant Pays: Electricity, Water, Trash, Sewer, Gas

Disclosures and Reports

  • Legal Description: *OLD SID - 11 11-175-045-00 YP CITY 21W-60 LOT 45 CROSS & BAGLEY'S ADDITION.
  • Property ID: 11-11-40-164-015

Listed by The Charles Reinhart Company, Ayad Ridha

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Listing agent

— 124 N Summit St —

  • Ayad Ridha

    The Charles Reinhart Company

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Schools serving 124 N Summit St

School District:Ypsilanti Community Schools
NameGradesDistance
Perry Early Learning Center
550 Perry Avenue, Ypsilanti, MI 48197
PK-10.8 mi
Estabrook School
1555 West Cross Street, Ypsilanti, MI 48197
2-50.8 mi
Ypsilanti Community Middle School
510 Emerick Street, Ypsilanti, MI 48198
6-81.5 mi
AC Tech High School
2095 Packard Street, Ypsilanti, MI 48197
9-121.1 mi
Holmes Elementary Learning Center
1255 Holmes Road, Ypsilanti, MI 48198
2-52 mi
Erickson Elementary
1427 Levona Street, Ypsilanti, MI 48198
1-52.2 mi
Ford Early Learning Center
2440 E Clark Rd, Ypsilanti, MI 48198
PK-13.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 N Summit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$495,000
94.12%
MLS
6/30/2006
Sold
$255,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 N Summit St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,610
13%
$161,400
4%
2019
$7,617
—
$154,500
3%
2019
$7,617
-3%
$150,700
14%
2022
$7,857
—
$131,700
9%
2022
$7,857
—
$120,300
4%
2020
$7,892
—
$116,000
9%
2020
$7,892
4%
$106,100
1%
2019
$7,617
7%
$105,200
2%
2016
$7,087
—
$102,700
12%
2016
$7,087
2%
$92,000
12%
2015
$6,942
1%
$82,300
—
2014
$6,880
2%
$82,400
1%
2013
$6,734
—
$81,800
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The Charles Reinhart Company, Ayad Ridha

124 N Summit Street, Ypsilanti, MI 48197 (MLS# 26042161) is a Single Family property with 0 bedrooms and 0 full bathrooms. 124 N Summit Street is currently listed for $495,000 and was received on August 12, 2026. Want to learn more about 124 N Summit Street? Do you have questions about finding other Single Family real estate for sale in Ypsilanti? You can browse all Ypsilanti real estate or contact a Coldwell Banker agent to request more information.

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