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Off market
  • $281,100

    506 Emmet St, Ypsilanti, MI 48197

    --beds
    0baths
    1,694sqft
    MultiFamily
    Built in 1840
    -- sqft lot
    $281,100 Zestimate®
    $166/sqft
    $1,358 Estimated rent

    Home value

    $281,100

    $261,000 - $304,000

    $1,358/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,902/mo

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    $1,902/mo

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    What's special

    Listing Agent Hody List. Great three unit investment property. Terrific location near Eastern Michigan University, bus lines and shopping. Fully occupied for 2021 rental season. Unit 1 lease ends Aug 31, 2022. Unit 2 lease ends Aug 2022. Unit 3 lease ends Dec 2021. All units have two bedrooms, full bath and kitchen. Newer roof. Rewired 2015. Newer sewer line to road 2016. Two egress windows in basement and 2 sets of steps. Tenants pay electric. Landlord pays heat and water. 4 meters.

    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
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,694 sqft

    Property

    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 111140183014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1840

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $232,800
    • Annual tax amount: $7,817
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    12/6/2023Listing removed$229,000+9%$135/sqft
    Source: MiRealSource #40195509 Report a problem
    9/17/2021Sold$210,000-8.3%$124/sqft
    Source: MichRIC #19984 Report a problem
    8/2/2021Pending sale$229,000$135/sqft
    Source: AAABOR #3282378 Report a problem
    8/2/2021Listed for sale$229,000$135/sqft
    Source: AAABOR #3282378 Report a problem
    7/26/2021Pending sale$229,000$135/sqft
    Source: AAABOR #3282378 Report a problem
    7/8/2021Listed for sale$229,000+15.1%$135/sqft
    Source: MiRealSource #40195509 Report a problem
    4/4/2018Listing removed$199,000$117/sqft
    Source: Howard Hanna - Ann Arbor #3253779 Report a problem
    1/5/2018Listed for sale$199,000$117/sqft
    Source: Howard Hanna #3253779 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,817 $116,400 +19.3%
    2024-- $97,600 +4.9%
    2023-- $93,000 +9.2%
    2022-- $85,200 +2.7%
    2021-- $83,000 +1.8%
    2020$4,729 $81,500 +9.8%
    2019-- $74,200 +12.1%
    2018-- $66,200 +7.1%
    2017$4,247 $61,800 +25.9%
    2016$4,247 $49,100 -4.7%
    2015-- $51,509 +3.2%
    2014-- $49,900
    2013-- $49,900 -5.5%
    2012-- $52,800 +0%
    2011-- $52,782 +1.7%
    2010-- $51,902 -0.3%
    2009-- $52,059 +4.4%
    2008-- $49,865 +2.3%
    2007-- $48,744 -39.5%
    2005-- $80,600 +13.8%
    2004-- $70,800 +8.1%
    2003-- $65,500 +12%
    2002$3,042 +18.4%$58,500
    2001$2,570 +32.1%$58,500 +26.1%
    2000$1,945 +138.4%$46,400 +2%
    1999$816 $45,500
    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
    $281,100
    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
    $281,100