Active

$319,000

116 N Summit St, Ypsilanti, MI 48197

6beds

3baths

--sqft

$2,463/mo

Get pre-qualified

2 to 4 Units

Built in 1880

-- sqft lot

$308,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Coin laundryOne bathNew hvacFour bedrooms

Nice duplex with ample parking and coin laundry. No seller financing. Unit 1 - four bedrooms 1 1/2 baths, $2.065/month includes $120 for water. Lease until 7/31/27. Unit 2 - 2 bedrooms one bath, $1,125/month includes $60 for water. Lease until 8/14/27. Gross rent is $38,280 for the 2026-27 school year. Coin laundry. House was completely gutted and renovated in 2016. New HVAC, electrical, plumbing, siding, roof, etc. House was completely gutted and renovated in 2016 - new HVAC, electrical, plumbing, windows, siding, roof, and more! C of O expires 05/01/2027.

24 days
212
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Forced Air

Features

Basement: Partial

Property

Parking

Total spaces: 11
Parking features: Aggregate, Driveway

Lot

Size: 9,147 Square Feet
Dimensions: 63 x 151

Details

Parcel number: 111140164017
Zoning description: CN-MID

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1880

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Ypsilanti

Financial & listing details

Tax assessed value: $71,336
Annual tax amount: $6,000
Date on market: 8/12/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Water, Sewer, Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$308,300

$293,000 - $324,000

$1,715/mo

Price history

Date	Event	Price
8/12/2026	Listed for sale	$319,000+1350%
Source: MichRIC #26042181 Report a problem
6/2/2016	Listing removed	$1,500+87.5%
Source: J & S Management LLC Report a problem
4/8/2014	Listing removed	$800
Source: J & S Management LLC Report a problem
2/4/2014	Price change	$800+6.7%
Source: J & S Management LLC Report a problem
2/2/2014	Listed for rent	$750
Source: J & S Management LLC Report a problem
12/21/2012	Sold	$22,000-51.1%
Source: Public Record Report a problem
9/27/2012	Pending sale	$45,000
Source: Ann Arbor Market Center, Inc. #3202765 Report a problem
4/19/2012	Listed for sale	$45,000
Source: Ann Arbor Market Center, Inc. #3202765 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,758	$107,800 +1.7%
2024	--	$106,000 +16.2%
2023	--	$91,200 +8.3%
2022	--	$84,200 +3.6%
2021	--	$81,300 +8.7%
2020	$5,368	$74,800 +1.1%
2019	--	$74,000 +2.5%
2018	--	$72,200 +4.3%
2017	$4,821	$69,200 +24.1%
2016	$4,821	$55,741 +0.3%
2015	--	$55,575 +2.2%
2014	--	$54,400
2013	--	$54,400 +39.3%
2012	--	$39,063 +2.7%
2011	--	$38,037 +1.7%
2010	--	$37,402 -0.3%
2009	--	$37,515 +4.4%
2008	--	$35,934 +2.3%
2007	--	$35,127 -51.1%
2005	--	$71,800 +6.4%
2004	--	$67,500 +4.3%
2003	--	$64,700 +11%
2002	$2,192 +18.4%	$58,300
2001	$1,852 -11.8%	$58,300 +27.9%
2000	$2,099 +257%	$45,600 +49.5%
1999	$588	$30,500