Unlock a valuable investment opportunity at 485 Jefferson Street, a 3-bedroom, 1-bathroom home! This well-maintained property generates immediate rental income, making it a smart choice for investors or those seeking a hassle-free rental venture. The home features a practical layout with sufficient space for comfortable living, ideal for tenants or future owners. With its existing tenancy and strong income potential, 485 Jefferson Street is a low-maintenance, high-return addition to any real estate portfolio. Don't miss this income-producing opportunity! No showings without an accepted offer. This property is currently rented at $1850 per month with a lease thru May 2026.
Sold
$179,900
485 Jefferson St, Ypsilanti, MI 48197
3beds
1,092sqft
Single Family Residence
Built in 1983
5,662 Square Feet Lot
$178,500 Zestimate®
$165/sqft
$1,683 Estimated rent
Home value
$178,500
$161,000 - $198,000
$1,683/mo
Zestimate® history
Owner options
List your home for rent
$1,683/mo
Rent Zestimate®
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$1,683/mo
Rent Zestimate®
Refinance and save
$1,259/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,259/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jeremy Rhodes 734-652-3778,
Cornerstone Real Estate
Bought with:
Alex Milshteyn
Source: MichRIC,MLS#: 25045076
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 5,662 Square Feet
- Dimensions: 50 x 113
Details
- Parcel number: 111137156003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $79,339
- Annual tax amount: $6,103
- Date on market: 9/3/2025
- Listing terms: Cash,FHA,VA Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $179,900$165/sqft |
Source:  MichRIC #25045076 Report a problem | ||
| 10/22/2025 | Price change | $179,900-10%$165/sqft |
Source: MichRIC #25045076 Report a problem | ||
| 9/3/2025 | Listed for sale | $199,900+110.4%$183/sqft |
Source: MichRIC #25045076 Report a problem | ||
| 1/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/18/2023 | Listed for rent | $1,700-5.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/10/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/8/2021 | Listed for rent | $1,800$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/22/2021 | Sold | $95,000-11.2%$87/sqft |
Source: Public Record Report a problem | ||
| 12/21/2005 | Sold | $107,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,404 | $93,900 +1.6% |
| 2024 | -- | $92,400 +16.4% |
| 2023 | -- | $79,400 +13.8% |
| 2022 | -- | $69,800 +18.5% |
| 2021 | -- | $58,900 +20.7% |
| 2020 | $3,573 | $48,800 +13.2% |
| 2019 | -- | $43,100 +8% |
| 2018 | -- | $39,900 +5.8% |
| 2017 | $3,542 | $37,700 +1.6% |
| 2016 | $3,542 | $37,100 +6.9% |
| 2015 | -- | $34,700 -13.3% |
| 2014 | -- | $40,000 |
| 2013 | -- | $40,000 -9.7% |
| 2012 | -- | $44,300 -9.2% |
| 2011 | -- | $48,800 -0.6% |
| 2010 | -- | $49,100 -5.6% |
| 2009 | -- | $52,000 -2.4% |
| 2008 | -- | $53,300 -3.1% |
| 2007 | -- | $55,000 -7.3% |
| 2005 | -- | $59,300 +5% |
| 2004 | -- | $56,500 +9.9% |
| 2003 | -- | $51,400 +26.3% |
| 2002 | $2,689 +16% | $40,700 +10.9% |
| 2001 | $2,318 +32.1% | $36,700 |
| 2000 | $1,754 +185.7% | $36,700 +3.1% |
| 1999 | $614 | $35,600 |
Find assessor info on the county website
Neighborhood: Heritage Park
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Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.3 mi
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 1.5 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$178,500
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
$178,500
- Michigan
- Washtenaw County
- Ypsilanti
- 48197
- Heritage Park
- 485 Jefferson St
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