Great 4 unit income property with laundry and garage. No seller financing. Unit 1 - studio, $765/month includes $70 for gas and water. Leased until 8/8/27. Unit 2 - 1 bdr 1 bath $1,130/month includes $110 for gas and water and $25 pet fee. Leased until 8/1/27. Unit 3 - 1 bdr bath, $865/month includes $70 for gas and water. Leased until 7/27/27. Unit 4 - Studio, $765/month includes $70 for gas and water. Leased until 8/1/27. Total rent is $3,525/month. Gross rent is $42,300 for the 2026-27 school year. Units updated 2023. New coin laundry in 2023. C of O expires 11/01/2026.
Active
$329,000
17 N Summit St, Ypsilanti, MI 48197
2beds
4baths
--sqft
2 to 4 Units
Built in 1860
-- sqft lot
$309,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 24 days
- 276
- 12
Zillow last checked:
Listing updated:
Listed by:
Ayad Ridha 734-645-3110,
The Charles Reinhart Company 734-971-6070
Source: MichRIC,MLS#: 26042171
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- Basement: Partial
Property
Parking
- Total spaces: 4
Lot
- Size: 6,098 Square Feet
- Dimensions: 66 x 89
Details
- Parcel number: 111140432001
- Zoning description: CN-MID
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Other
Condition
- New construction: No
- Year built: 1860
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: $108,471
- Annual tax amount: $9,124
- Date on market: 8/12/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water, Sewer, Gas
- Electric utility on property: Yes
Estimated market value
$309,700
$294,000 - $325,000
$1,329/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $329,000+287.1% |
Source:  MichRIC #26042171 Report a problem | ||
| 12/2/2022 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,756 | $117,400 +2.4% |
| 2024 | -- | $114,700 +14.5% |
| 2023 | -- | $100,200 +9.5% |
| 2022 | -- | $91,500 +3.6% |
| 2021 | -- | $88,300 +7.7% |
| 2020 | $4,535 | $82,000 +0.9% |
| 2019 | -- | $81,300 +3.7% |
| 2018 | -- | $78,400 +3.3% |
| 2017 | $4,065 | $75,900 +53% |
| 2016 | $4,065 | $49,600 +0.3% |
| 2015 | -- | $49,452 +3.2% |
| 2014 | -- | $47,908 |
| 2013 | -- | $47,908 +2.4% |
| 2012 | -- | $46,786 +2.7% |
| 2011 | -- | $45,556 +1.7% |
| 2010 | -- | $44,795 -0.3% |
| 2009 | -- | $44,930 +4.4% |
| 2008 | -- | $43,037 +2.3% |
| 2007 | -- | $42,070 -43.4% |
| 2005 | -- | $74,300 +8.3% |
| 2004 | -- | $68,600 +8% |
| 2003 | -- | $63,500 +12% |
| 2002 | $2,308 +20.8% | $56,700 +13.2% |
| 2001 | $1,910 +25.2% | $50,100 +22.5% |
| 2000 | $1,526 +175.8% | $40,900 +4.6% |
| 1999 | $553 | $39,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Normal Park
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