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$1,250,000
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Full Property Details
Full Property Details for 506 N Miami Ave
General
- Price: $1,250,000
- Taxes: $13,314
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26024664
- Updated: 6/4/2026
- Added to Site: 49 day(s) ago
Parking
- Total Spaces: 25
Location
- County: Washtenaw
- Cross Streets: E Forest and N Harris
- Driving Directions: This 13-unit apartment building presents a rare value-add investment opportunity in Ypsilanti Township. The property offers a strong mix of rental units with immediate income potential and additional upside through operational improvements and future rent growth. Also available is an attached tenant-occupied 3-bedroom single-family home featuring a desirable 3-car garage.
Heating & Cooling
- Heating Type: Radiant
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.72
- Lot Size (Sq. Ft.): 31,363
- Lot Dimensions: 208 x 199 x 129 x 96 x 73 x 107
Financial Considerations
- Tax Amount: $13,314
- Terms: Cash, Conventional
- Landlord Pays: Water
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: YP#99-120A LOTS 120 - 123 INCL. ALSO THAT PART OF LOTS 126 & 127 DESC AS:BEG ATNW COR LOT 127, TH S 88-3 E 69.29 FT, TH S 2-24 W 75 FT, TH N 88-3 W 25 FT, TH S 2-24 W 25 FT, TH N 88-3 W 43.34 FT, TH N 1-51-20 E 100 FT TO POB TOWNSENDS SUBDIVISION
- Property ID: K-11-03-483-002
Listed by Beal Properties LLC, Michael Slater
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Schools
Schools serving 506 N Miami Ave
School District:Ypsilanti Community Schools
| Name | Grades | Distance |
|---|---|---|
Holmes Elementary Learning Center 1255 Holmes Road, Ypsilanti, MI 48198 | 2-5 | 0.5 mi |
Ypsilanti Community Middle School 510 Emerick Street, Ypsilanti, MI 48198 | 6-8 | 1.2 mi |
Ford Early Learning Center 2440 E Clark Rd, Ypsilanti, MI 48198 | PK-1 | 1.3 mi |
AC Tech High School 2095 Packard Street, Ypsilanti, MI 48197 | 9-12 | 3.2 mi |
Erickson Elementary 1427 Levona Street, Ypsilanti, MI 48198 | 1-5 | 1.6 mi |
Perry Early Learning Center 550 Perry Avenue, Ypsilanti, MI 48197 | PK-1 | 2.1 mi |
Estabrook School 1555 West Cross Street, Ypsilanti, MI 48197 | 2-5 | 2.9 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 506 N Miami Ave
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,250,000
—
MLS
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
Tax History for 506 N Miami Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$409,800
15%
2024
100%
$357,200
—
2024
100%
$357,300
3%
2022
100%
$345,900
1%
2021
100%
$341,800
13%
2020
100%
$303,800
3%
2019
100%
$295,200
12%
2018
-100%
$263,200
2%
2016
$10,673
—
$258,100
24%
2016
$10,673
2%
$208,000
18%
2015
$10,422
2%
$175,700
19%
2014
$10,258
17%
$147,800
9%
2013
$8,749
—
$136,000
—
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
Estimate the Cost for 506 N Miami Ave
506 N Miami Avenue, Ypsilanti, MI 48198 (MLS# 26024664) is a Single Family property with 0 bedrooms and 0 full bathrooms. 506 N Miami Avenue is currently listed for $1,250,000 and was received on May 26, 2026. Want to learn more about 506 N Miami Avenue? 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.
