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$271,000
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Property Description
BEST AND FINAL OFFERS ARE DUE AT 12pm SUNDAY 2/08/2026 This 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!
Full Property Details
Full Property Details for 514 Washtenaw Ave
General
- Sold For: $271,000
- Taxes: $7,962
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26003725
- Added to Site: 71 day(s) ago
Parking
- Total Spaces: 6
- Parking Features: Concrete, Driveway
Location
- County: Washtenaw
- Cross Streets: Washtenaw Ave. & Hamilton St.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Utilities
- Utility Description: Natural Gas Available, Natural Gas Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
Water Features
- Water Front Desc.: Other
Financial Considerations
- Tax Amount: $7,962
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: *OLD SID - 11 11-115-608-00 YP CITY 13W-64 LOT 8, BLK 6 DAVID F. BALLENTINES & RICHARD E. MORSE'S ALLOTMENT OF THE WESTERN ADDITION.
- Property ID: 11-11-40-182-010
Listed by Beal Properties LLC, Tamara Vinson
Sold by Century 21 Curran & Oberski, Patrick Czech
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Schools
Schools serving 514 Washtenaw Ave
School District:Ypsilanti Community Schools
| Name | Grades | Distance |
|---|---|---|
Perry Early Learning Center 550 Perry Avenue, Ypsilanti, MI 48197 | PK-1 | 0.8 mi |
Estabrook School 1555 West Cross Street, Ypsilanti, MI 48197 | 2-5 | 1.1 mi |
Ypsilanti Community Middle School 510 Emerick Street, Ypsilanti, MI 48198 | 6-8 | 1.3 mi |
AC Tech High School 2095 Packard Street, Ypsilanti, MI 48197 | 9-12 | 1.3 mi |
Holmes Elementary Learning Center 1255 Holmes Road, Ypsilanti, MI 48198 | 2-5 | 1.8 mi |
Erickson Elementary 1427 Levona Street, Ypsilanti, MI 48198 | 1-5 | 2.1 mi |
Ford Early Learning Center 2440 E Clark Rd, Ypsilanti, MI 48198 | PK-1 | 3.1 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 514 Washtenaw Ave
Date
Details
Price
Change
Source
3/30/2026
Sold
$271,000
-4.91%
MLS
2/02/2026
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
514 Washtenaw Avenue, Ypsilanti, MI 48197 (MLS# 26003725) is a Single Family property that was sold at $271,000 on March 30, 2026. Want to learn more about 514 Washtenaw 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.
