Great duplex in Ypsilanti fully rented. One-2 bedroom unit and one-3 bedroom unit.2 bedroom unit has laundry and access to basement. Off street parking. Newer windows and newer roof. Landlord pays utilities. Fully leased until August 2025. Unit 1 rent is $1,400/mo. & Unit 2 rent is $1,100/mon. Conveniently located within walking distance to EMU and near Depot Town.
Sold
$249,000
418 Olive St, Ypsilanti, MI 48197
5beds
2baths
--sqft
2 to 4 Units
Built in 1901
-- sqft lot
$250,500 Zestimate®
$--/sqft
$1,819 Estimated rent
Home value
$250,500
$223,000 - $281,000
$1,819/mo
Zestimate® history
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$1,746/mo
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List your homeWhat's special
Off street parkingNewer roofNewer windows
Zillow last checked:
Listing updated:
Listed by:
Richard Jarzembowski 734-645-3634,
The Charles Reinhart Company
Bought with:
Ismaeel Badawi
Source: MichRIC,MLS#: 24064069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Crawl Space,Partial,Slab
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Gravel
Lot
- Size: 3,049 Square Feet
- Dimensions: 61 x 50
- Features: Level, Sidewalk
Details
- Parcel number: 111140112005
- Zoning description: Split
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Rubber
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, 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: $51,482
- Annual tax amount: $4,287
- Date on market: 12/30/2024
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2025 | Sold | $249,000-0.4% |
Source:  MichRIC #24064069 Report a problem | ||
| 1/24/2025 | Contingent | $249,900 |
Source: MichRIC #24064069 Report a problem | ||
| 12/30/2024 | Listed for sale | $249,900 |
Source: MichRIC #24064069 Report a problem | ||
| 12/10/2024 | Listing removed | $249,900 |
Source:  Realcomp II #81024046444 Report a problem | ||
| 10/25/2024 | Price change | $249,900-3.8% |
Source: MichRIC #24046444 Report a problem | ||
| 9/27/2024 | Listed for sale | $259,900 |
Source: MichRIC #24046444 Report a problem | ||
| 9/18/2024 | Contingent | $259,900 |
Source: MichRIC #24046444 Report a problem | ||
| 9/4/2024 | Listed for sale | $259,900+73.3% |
Source: MichRIC #24046444 Report a problem | ||
| 5/3/2005 | Sold | $150,000+111.3% |
Source: Public Record Report a problem | ||
| 11/16/1995 | Sold | $71,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,284 | $92,900 +5.9% |
| 2024 | -- | $87,700 -1.2% |
| 2023 | -- | $88,800 +9.6% |
| 2022 | -- | $81,000 +9% |
| 2021 | -- | $74,300 +7.4% |
| 2020 | $3,994 | $69,200 +11.4% |
| 2019 | -- | $62,100 +8% |
| 2018 | -- | $57,500 +4.2% |
| 2017 | $3,587 | $55,200 +33.1% |
| 2016 | $3,587 | $41,475 +0.3% |
| 2015 | -- | $41,351 +2.4% |
| 2014 | -- | $40,400 |
| 2013 | -- | $40,400 +0.2% |
| 2012 | -- | $40,300 -8.2% |
| 2011 | -- | $43,900 -5.6% |
| 2010 | -- | $46,500 -3.7% |
| 2009 | -- | $48,300 -13.6% |
| 2008 | -- | $55,900 -8.8% |
| 2007 | -- | $61,300 +1.7% |
| 2005 | -- | $60,300 +8.3% |
| 2004 | -- | $55,700 +7.3% |
| 2003 | -- | $51,900 +19.3% |
| 2002 | $2,860 +18.4% | $43,500 +9.6% |
| 2001 | $2,416 +32.1% | $39,700 |
| 2000 | $1,829 +138.4% | $39,700 +0.3% |
| 1999 | $767 | $39,600 |
Find assessor info on the county website
Neighborhood: Riverside
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Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 1 mi
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 1.1 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$250,500
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Estimated market value
$250,500
- Michigan
- Washtenaw County
- Ypsilanti
- 48197
- Riverside
- 418 Olive St
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Nearby neighborhoods
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