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  • $207,400

    1564 Parkwood Ave, Ypsilanti, MI 48198

    --beds
    0baths
    1,464sqft
    MultiFamily
    Built in 1977
    -- sqft lot
    $207,400 Zestimate®
    $142/sqft
    $1,350 Estimated rent

    Home value

    $207,400

    $195,000 - $222,000

    $1,350/mo

    Zestimate® history
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    $1,434/mo

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    What's special

    Great cash flow from day one on this turn-key investment opportunity. Market rents are $950-$1K/ unit. Fully leased. Positive cash flow from day one. All units come with refrigerator, stove and dishwasher. New roof in 2021. Very good condition. Good tenants in place. Lets talk!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Interior area
    • Structure area source: Tax Record
    • Total interior livable area: 1,464 sqft
    • Finished area below ground: 0

    Property

    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: K1111326001
    • Special conditions: Sale, undefined

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1977

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $142/sqft
    • Tax assessed value: $153,400
    • Annual tax amount: $4,216
    • Date available: 10/16/2020
    • Exclusions: No Exclusions
    • Total actual rent: 1700

    Price history

    DateEventPrice
    11/30/2023Listing removed--
    Source: Realcomp II #20230042410 Report a problem
    6/1/2023Listed for sale$214,900+20.1%$147/sqft
    Source: Realcomp II #20230042410 Report a problem
    3/4/2022Sold$179,000-5.3%$122/sqft
    Source: MichRIC #18189 Report a problem
    2/27/2022Pending sale$189,000$129/sqft
    Source: AAABOR #3285044 Report a problem
    12/22/2021Listed for sale$189,000$129/sqft
    Source: MiRealSource #40255465 Report a problem
    11/19/2021Contingent$189,000$129/sqft
    Source: AAABOR #3285044 Report a problem
    11/16/2021Listed for sale$189,000+13.6%$129/sqft
    Source: AAABOR #3285044 Report a problem
    4/17/2021Listing removed--
    Source: Real Estate One Report a problem
    3/3/2021Price change$166,334-7.6%$114/sqft
    Source: MiRealSource #40114659 Report a problem
    10/16/2020Listed for sale$180,000+80%$123/sqft
    Source: MiRealSource #40114659 Report a problem
    12/20/2018Sold$100,000-9.1%$68/sqft
    Source: Public Record Report a problem
    8/25/2018Listing removed$110,000$75/sqft
    Source: RE/MAX Crossroads III #218080372 Report a problem
    8/18/2018Listed for sale$110,000+52.8%$75/sqft
    Source: RE/MAX Crossroads III #218080372 Report a problem
    8/4/2017Sold$72,000-4%$49/sqft
    Source: Public Record Report a problem
    6/13/2017Listed for sale$75,000$51/sqft
    Source: RE/MAX Crossroads III #216043861 Report a problem
    6/13/2017Pending sale$75,000+4.2%$51/sqft
    Source: RE/MAX Crossroads III #216043861 Report a problem
    3/11/2017Listed for sale$72,000$49/sqft
    Source: RE/MAX Crossroads III #216043861 Report a problem
    12/15/2016Listing removed$72,000$49/sqft
    Source: RE/MAX Crossroads III #216043861 Report a problem
    5/14/2016Listed for sale$72,000-70%$49/sqft
    Source: RE/MAX Crossroads III #216043861 Report a problem
    7/2/2012Listing removed$240,000$164/sqft
    Source: Reinhart Realtors #3200123 Report a problem
    1/5/2012Price change$240,000-20%$164/sqft
    Source: Reinhart Realtors #3200123 Report a problem
    8/19/2011Listed for sale$300,000$205/sqft
    Source: Active Website #3106520 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,216 $76,700 +10.2%
    2024-- $69,600 +20.6%
    2023-- $57,700 +18.7%
    2022-- $48,600 +2.5%
    2021-- $47,400 +17.6%
    2020-- $40,300
    2019-- $40,300 +8%
    2018-- $37,300 -4.6%
    2017$2,922 $39,100 -7.8%
    2016$2,922 +0.9%$42,406 +0.3%
    2015$2,895 $42,280 +3.2%
    2014$2,895 $40,960
    2013$2,895 $40,960 -5%
    2012-- $43,121 +2.7%
    2011-- $41,988 +1.7%
    2010-- $41,287 -0.3%
    2009-- $41,412 +4.4%
    2008-- $39,667 +2.3%
    2007-- $38,776 -48.6%
    2005-- $75,400 +1.9%
    2004-- $74,000 +0.5%
    2003-- $73,600 +16.6%
    2002$1,957 +58.7%$63,100 +5.7%
    2001$1,233 $59,700 +10.4%
    2000-- $54,100
    1999-- --
    Find assessor info on the county website

    Neighborhood: 48198

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Willow Run

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $207,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $207,400