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$469,900 Contingent

  • For Sale
  • Contingent
  • Single Family
  • Updated 11 days ago
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Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income, $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Updates in the last 4 years include Roof, Heating system, driveway and parking lot Land Contract terms possible. Awesome Investment opportunity.

Full Property Details for 217 N Summit St

General

  • Price: $469,900
  • Taxes: $7,213
  • Status: Contingent
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25051296
  • Updated: 1/5/2026
  • Added to Site: 103 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area, In Basement

Parking

  • Total Spaces: 7
  • Parking Features: Aggregate, Driveway, Asphalt

Location

  • Area: Ann Arbor/Washtenaw - A
  • County: Washtenaw
  • Cross Streets: Sheridan and Congress
  • Driving Directions: North of Washtenaw South of Michigan Ave

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Steam

Utilities

  • Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Block, Stone, Vinyl Siding
  • Basement: Yes
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,276
  • Lot Dimensions: 59 x 140
  • Frontage: Paved
  • Lot Features: Level, Sidewalk

Financial Considerations

  • Tax Amount: $7,213.1
  • Terms: Cash, Conventional, Contract
  • Landlord Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity

Disclosures and Reports

  • Legal Description: *OLD SID - 11 11-175-056-00 YP CITY 21W-79 LOT 56 EXCEPT N 7 FT CROSS & BAGLEY'S ADDITION.
  • Property ID: 11-11-40-138-023

Listed by Real Estate One Inc, Michael Lee

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Listing agent

— 217 N Summit St —

  • Michael Lee

    Real Estate One Inc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 217 N Summit St

School District:Ypsilanti Community Schools
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 217 N Summit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$469,900
-2.08%
MLS
10/27/2025
Price Reduced
$479,900
-4%
MLS
10/06/2025
Listed
$499,900
—
MLS
Get Price Alerts and Save Property
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 217 N Summit St

Year
Property Taxes
Change
Tax Assessment
Change
2019
$6,223
—
$226,700
14%
2019
$6,223
-3%
$198,200
18%
2022
$6,419
—
$167,300
8%
2022
$6,419
—
$155,100
4%
2020
$6,447
—
$149,600
2%
2020
$6,447
4%
$146,500
13%
2019
$6,223
7%
$129,600
10%
2016
$5,790
—
$117,600
3%
2016
$5,790
2%
$114,000
11%
2015
$5,671
1%
$102,500
1%
2014
$5,631
2%
$101,100
1%
2013
$5,512
—
$100,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 217 N Summit St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Real Estate One Inc, Michael Lee

217 N Summit Street, Ypsilanti, MI 48197 (MLS# 25051296) is a Single Family property with 0 bedrooms and 0 full bathrooms. 217 N Summit Street is currently listed for $469,900 and was received on October 06, 2025. Want to learn more about 217 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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