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  • $475,000

    206 S Huron St, Ypsilanti, MI 48197

    8beds
    6baths
    --sqft
    : 
    $3,732/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1873
    -- sqft lot
    $459,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and area amenities. Financial information and leases available for review. Buyer/Buyer's Agent to independently verify unit configurations, property information, income, expenses and future property taxes.
    15 days
    337
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Bundesen 734-678-9032,

    Real Estate One Inc 734-662-8600

    Source: MichRIC,MLS#: 26053240MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      Heating
      • Forced Air, Hot Water, Radiant
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Michigan Basement

      Property

      Parking
      • Total spaces: 5
      • Parking features: Driveway, Gravel
      Lot
      • Size: 0.26 Acres
      • Dimensions: 74 x 165
      Details
      • Parcel number: 111139411010

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Stone, Wood Siding
      Condition
      • New construction: No
      • Year built: 1873

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Ypsilanti

      Financial & listing details

      • Tax assessed value: $139,733
      • Annual tax amount: $11,172
      • Date on market: 10/6/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Water, Gas
      • Electric utility on property: Yes

        Estimated market value

        $459,600

        $437,000 - $483,000

        $1,375/mo

        Price history

        DateEventPrice
        10/6/2026Listed for sale$475,000+14.5%
        Source: MichRIC #26053240 Report a problem
        7/2/2026Price change$1,300+4.8%
        Source: Zillow Rentals Report a problem
        6/10/2026Price change$1,240-4.6%
        Source: Zillow Rentals Report a problem
        4/17/2026Price change$1,300+4.8%
        Source: Zillow Rentals Report a problem
        4/9/2026Price change$1,240-46.1%
        Source: Zillow Rentals Report a problem
        4/8/2026Price change$2,300+85.5%
        Source: Zillow Rentals Report a problem
        3/31/2026Listed for rent$1,240-46.1%
        Source: Zillow Rentals Report a problem
        6/11/2024Price change$2,300+110%
        Source: Zillow Rentals Report a problem
        5/22/2024Price change$1,095-57.9%
        Source: Zillow Rentals Report a problem
        12/14/2023Listed for rent$2,600+137.4%
        Source: Zillow Rentals Report a problem
        6/15/2023Listed for rent$1,095-57.9%
        Source: Zillow Rentals Report a problem
        6/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/5/2023Listed for rent$2,600+137.4%
        Source: Zillow Rentals Report a problem
        4/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/26/2023Listed for rent$1,095
        Source: Zillow Rentals Report a problem
        4/4/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/2/2023Listed for rent$1,095
        Source: Zillow Rentals Report a problem
        3/25/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/24/2023Listed for rent$1,095-63.5%
        Source: Zillow Rentals Report a problem
        3/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/16/2023Listed for rent$3,000+3.4%
        Source: Zillow Rentals Report a problem
        10/18/2021Listing removed--
        Source: AAABOR Report a problem
        10/13/2021Price change$2,900-17.1%
        Source: AAABOR #3283498 Report a problem
        10/6/2021Listed for rent$3,500
        Source: AAABOR #3283498 Report a problem
        8/10/2021Sold$415,000
        Source: Public Record Report a problem
        8/7/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$11,172 +1.7%$199,900 +13.4%
        2025$10,982 $176,300 +10.9%
        2024-- $159,000 +14.5%
        2023-- $138,900 +16%
        2022-- $119,700 +10.6%
        2021-- $108,200 +9.8%
        2020$6,382 $98,500 +3.6%
        2019-- $95,100 +12%
        2018-- $84,900 +1.9%
        2017$5,731 $83,300 +25.7%
        2016$5,731 $66,262 +0.3%
        2015-- $66,064 -2.3%
        2014-- $67,600
        2013-- $67,600 -1.7%
        2012-- $68,753 +2.7%
        2011-- $66,946 +1.7%
        2010-- $65,827 -0.3%
        2009-- $66,026 +4.4%
        2008-- $63,244 +2.3%
        2007-- $61,823 -48.9%
        2005-- $120,900 +4.9%
        2004-- $115,300 +8.1%
        2003-- $106,700 +12%
        2002$3,858 +18.4%$95,300 +13.3%
        2001$3,260 +56.3%$84,100 +22.4%
        2000$2,086 +156.7%$68,700 +5.2%
        1999$813 $65,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Historic South Side

        Getting around

        89 / 100
        Very Walkable
        56 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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