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Off market
  • $313,700

    501 N Washington St, Ypsilanti, MI 48197

    --beds
    0baths
    2,160sqft
    MultiFamily
    Built in 1844
    -- sqft lot
    $313,700 Zestimate®
    $145/sqft
    $1,396 Estimated rent

    Home value

    $313,700

    $289,000 - $342,000

    $1,396/mo

    Zestimate® history
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    $2,113/mo

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    $2,113/mo

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    What's special

    Great investment property in a premier location. This duplex consists of a 4 bed/1 bath unit (apt#1) and 3 bed/2 bath unit (apt#2). Ceiling fan, washer/dryer and dishwasher in each unit. Parking spots in rear. Consistently fully rented out every year with an annual income of $27,600 (rent rolls provided by request). Centrally located and within walking distance to EMU campus, Depot town and downtown Ypsi. Property has passed city inspection and Certificate of Occupancy good until 2020. Showings allowed Mon-Fri 10am-7pm and Sat/Sun 1pm-4pm. 48 hour tenants notice required for showings.

    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, In Unit
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,160 sqft

    Property

    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 111140107010

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1844

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $145/sqft
    • Tax assessed value: $242,400
    • Annual tax amount: $8,438
    • Tenant pays: Cable TV, Electricity

    Price history

    DateEventPrice
    2/19/2019Sold$207,000-5.9%$96/sqft
    Source: MichRIC #23063132 Report a problem
    2/9/2019Pending sale$219,900$102/sqft
    Source: Keller Williams Ann Arbor #3262256 Report a problem
    2/9/2019Listed for sale$219,900$102/sqft
    Source: Keller Williams Ann Arbor #3262256 Report a problem
    1/16/2019Pending sale$219,900$102/sqft
    Source: Keller Williams Realty Ann Arbor Market Center #3262256 Report a problem
    1/10/2019Listed for sale$219,900+83.3%$102/sqft
    Source: Keller Williams Ann Arbor #3262256 Report a problem
    7/10/2010Listing removed$120,000$56/sqft
    Source: FreeHomeListingOnLine.com #10541 Report a problem
    6/15/2010Listed for sale$120,000$56/sqft
    Source: FreeHomeListingOnLine.com #10541 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,438 $121,200 +7.9%
    2024-- $112,300 -0.4%
    2023-- $112,700 +11.3%
    2022-- $101,300 +8%
    2021-- $93,800 +6.8%
    2020$6,270 $87,800 +9.9%
    2019-- $79,900 +8.6%
    2018-- $73,600 +4.7%
    2017$3,668 $70,300 +65.8%
    2016$3,668 $42,406 +0.3%
    2015-- $42,280 +3.2%
    2014-- $40,960
    2013-- $40,960 -18.1%
    2012-- $50,000 -1.7%
    2011-- $50,850 -16.2%
    2010-- $60,691 -0.3%
    2009-- $60,874 +4.4%
    2008-- $58,309 +2.3%
    2007-- $56,999 -37%
    2005-- $90,500 +13.7%
    2004-- $79,600 +8.2%
    2003-- $73,600 +7.3%
    2002$3,507 +18.4%$68,600 +11.7%
    2001$2,963 +32.1%$61,400 +8.5%
    2000$2,243 +138.4%$56,600 +22.5%
    1999$941 $46,200
    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
    $313,700
    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
    $313,700