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Off market
  • $368,700

    307 N Adams St, Ypsilanti, MI 48197

    --beds
    0baths
    2,987sqft
    MultiFamily
    Built in 1894
    -- sqft lot
    $368,700 Zestimate®
    $123/sqft
    $1,356 Estimated rent

    Home value

    $368,700

    $324,000 - $413,000

    $1,356/mo

    Zestimate® history
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    $1,356/mo

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    $1,356/mo

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    $2,439/mo

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    $2,439/mo

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    What's special

    Fantastic opportunity to own your first investment property or an all-star addition to your existing portfolio. This property is split into 3 units: Two 1 bedrooms units and one 3 bedroom unit. The 1 bedrooms were rented at $790 and $850. Both 1 bedroom leases expired at the end of Feb. 2021. The 3 bedroom is rented at $1,300, expiring in August 2021. Very close to EMU campus, this property is easy to rent at top dollar. Parking is never an issue with two driveways. Laundry located in the basement with over 1,600 sq. ft. great for storage. New high energy furnace and exterior paint job. With a 2020 GRM of 7.7, this property will earn a very nice return on your investment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Appliances
    • Laundry: Yes
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,987 sqft

    Property

    Parking
    • Parking features: Garage
    Lot
    • Size: 10,018 Square Feet
    Details
    • Parcel number: 111140185011

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1894

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $123/sqft
    • Tax assessed value: $371,400
    • Annual tax amount: $13,055
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    5/3/2021Sold$270,000-1.8%$90/sqft
    Source: MichRIC #19944 Report a problem
    3/18/2021Pending sale$275,000$92/sqft
    Source: AAABOR #3279319 Report a problem
    3/12/2021Listed for sale$275,000+127.3%$92/sqft
    Source: AAABOR #3279319 Report a problem
    4/30/2014Sold$121,000-6.9%$41/sqft
    Source: MichRIC #16823 Report a problem
    12/28/2013Price change$129,900-7.1%$43/sqft
    Source: Tree House Realty Group #3216428 Report a problem
    9/12/2013Listed for sale$139,900+27.2%$47/sqft
    Source: Tree House Realty Group #3216428 Report a problem
    6/22/2012Sold$110,000+800.2%$37/sqft
    Source: Public Record Report a problem
    3/20/2012Sold$12,219-93%$4/sqft
    Source: Public Record Report a problem
    9/19/2009Listing removed$173,500$58/sqft
    Source: CHET HILL #2808783 Report a problem
    8/30/2009Price change$173,500-3.6%$58/sqft
    Source: CHET HILL #2808783 Report a problem
    8/2/2009Listed for sale$179,900$60/sqft
    Source: CHET HILL #2808783 Report a problem
    1/3/2009Listing removed$179,900$60/sqft
    Source: Keller Williams Realty #2808783 Report a problem
    7/23/2008Listed for sale$179,900+28.5%$60/sqft
    Source: Keller Williams Realty #2808783 Report a problem
    8/6/2004Sold$140,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,055 $185,700 +7.8%
    2024-- $172,300 +0.5%
    2023-- $171,400 +11.5%
    2022-- $153,700 +8.9%
    2021-- $141,200 +7.4%
    2020$8,385 $131,500 +11.3%
    2019-- $118,100 +6.5%
    2018-- $110,900 +4.3%
    2017$7,530 $106,300 +22.1%
    2016$7,530 $87,060 +0.3%
    2015-- $86,800 +20.6%
    2014-- $72,000
    2013-- $72,000
    2012-- $72,000
    2011-- $72,000
    2010-- $72,000 -9%
    2009-- $79,100 -6.9%
    2008-- $85,000 -27.9%
    2007-- $117,834 -6%
    2005-- $125,300 +3.6%
    2004-- $120,900 +8.7%
    2003-- $111,200 +21.5%
    2002$4,928 +18.4%$91,500 +10.1%
    2001$4,164 +32.1%$83,100 +6.7%
    2000$3,151 +138.4%$77,900 +4.3%
    1999$1,322 $74,700
    Find assessor info on the county website

    Neighborhood: Riverside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ypsilanti Community

    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
    $368,700
    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
    $368,700