Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.
Active
Price cut: $20K (6/16)
$319,000
125 N Summit St, Ypsilanti, MI 48197
6beds
3baths
--sqft
2 to 4 Units
Built in 1864
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample off street parking
- 98 days |
- 485 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Ayad Ridha 734-645-3110,
The Charles Reinhart Company 734-971-6070
Source: MichRIC,MLS#: 26014509
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Partial
Property
Parking
- Total spaces: 7
Lot
- Size: 10,018 Square Feet
- Dimensions: 66 x 152
Details
- Parcel number: 111140163022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1864
Utilities & green energy
- Utilities for property: Cable Available, Cable Connected
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Tax assessed value: $115,098
- Annual tax amount: $9,201
- Date on market: 4/9/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water, Sewer, Gas
Estimated market value
Not available
Estimated sales range
Not available
$2,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $319,000-5.9% |
Source:  MichRIC #26014509 Report a problem | ||
| 4/9/2026 | Listed for sale | $339,000+72.5% |
Source: MichRIC #26014509 Report a problem | ||
| 11/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/8/2023 | Listed for rent | $100-87.5% |
Source: Zillow Rentals Report a problem | ||
| 7/17/2016 | Listing removed | $800-27.3% |
Source: J & S Management LLC Report a problem | ||
| 4/8/2014 | Listing removed | $1,100 |
Source: J & S Management LLC Report a problem | ||
| 3/8/2014 | Price change | $1,100+46.7% |
Source: J & S Management LLC Report a problem | ||
| 1/17/2014 | Listed for rent | $750 |
Source: J & S Management LLC Report a problem | ||
| 5/7/2013 | Listing removed | $750 |
Source: J & S Management LLC Report a problem | ||
| 4/17/2013 | Listed for rent | $750 |
Source: J & S Management LLC Report a problem | ||
| 6/14/2005 | Sold | $196,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,046 | $174,800 +2.6% |
| 2024 | -- | $170,400 +15.8% |
| 2023 | -- | $147,200 +9.3% |
| 2022 | -- | $134,700 +3.1% |
| 2021 | -- | $130,700 +9% |
| 2020 | $8,434 | $119,900 +0.8% |
| 2019 | -- | $119,000 +2.4% |
| 2018 | -- | $116,200 +3.1% |
| 2017 | $7,574 | $112,700 +28.7% |
| 2016 | $7,574 | $87,570 +0.3% |
| 2015 | -- | $87,309 +3.2% |
| 2014 | -- | $84,582 |
| 2013 | -- | $84,582 +2.4% |
| 2012 | -- | $82,600 -2.7% |
| 2011 | -- | $84,919 +1.7% |
| 2010 | -- | $83,500 -18% |
| 2009 | -- | $101,800 -4.6% |
| 2008 | -- | $106,700 -11.3% |
| 2007 | -- | $120,300 +1.1% |
| 2005 | -- | $119,000 +0.6% |
| 2004 | -- | $118,300 +3.6% |
| 2003 | -- | $114,200 +23.2% |
| 2002 | $3,602 +18.4% | $92,700 |
| 2001 | $3,044 +32.1% | $92,700 +26% |
| 2000 | $2,304 +138.4% | $73,600 +37.6% |
| 1999 | $966 | $53,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Normal Park
Nearby schools
GreatSchools rating
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 0.7 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.1 mi
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.8 mi
- $1,3453 bd1 ba1k sqft125 N Summit St APT 1, Ypsilanti, MI 48197For Rent
- $--1 bd1 ba-- sqft125 N Summit St APT 2, Ypsilanti, MI 48197Off Market
- $--1 bd1 ba650 sqft125 N Summit St APT 3, Ypsilanti, MI 48197Off Market
- $309,700-- bd-- ba2.1k sqft123 N Summit St, Ypsilanti, MI 48197Off Market
- $254,0004 bd2 ba1.8k sqft201 N Summit St, Ypsilanti, MI 48197Sold
- $216,6006 bd2 ba1.5k sqft203 N Summit St, Ypsilanti, MI 48197Off Market
- $--3 bd2 ba1.2k sqft207 N Summit St APT 2, Ypsilanti, MI 48197Off Market
- $--3 bd2 ba1.2k sqft207 N Summit St APT 1, Ypsilanti, MI 48197Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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