Turnkey investment perfect for a beginner investor. Perfect for student housing. This 4 unit/residential multi-family is close to the university and the downtown. An old large house turned into apartments with reasonable rents and well maintained. With parking spaces, the city transit and nearby business and food services, this is an ideal location. High earnings . Clean spacious, and ready to make someone passive income. Zoning map attached. The monthly income is $3,530.
Active
Price cut: $20.8K (8/31)
$395,200
515 N Congress St, Ypsilanti, MI 48197
3beds
4baths
--sqft
2 to 4 Units
Built in 1843
-- sqft lot
$383,200 Zestimate®
$--/sqft
$-- HOA
What's special
Parking spacesWell maintainedClean spacious
- 83 days
- 100
- 1
Zillow last checked:
Listing updated:
Listed by:
Andre Kingston 810-292-5176,
Beal Properties LLC 734-662-6133
Source: MichRIC,MLS#: 26034680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: None
Features
- Basement: Michigan Basement,Slab
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Gravel
Lot
- Size: 6,534 Square Feet
- Dimensions: 66 x 99
Details
- Parcel number: 111140463002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1843
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Tax assessed value: $113,512
- Annual tax amount: $9,075
- Date on market: 7/9/2026
- Listing terms: VA Loan,FHA,Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
$383,200
$364,000 - $402,000
$1,603/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Price change | $395,200-5% |
Source:  MichRIC #26034680 Report a problem | ||
| 7/9/2026 | Listed for sale | $416,000+48.6% |
Source: MichRIC #26034680 Report a problem | ||
| 5/15/2026 | Listing removed | $795 |
Source: Zillow Rentals Report a problem | ||
| 4/25/2026 | Price change | $795-15.9% |
Source: Zillow Rentals Report a problem | ||
| 3/31/2026 | Listed for rent | $945 |
Source: Zillow Rentals Report a problem | ||
| 3/31/2026 | Listing removed | $945 |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Price change | $945-5% |
Source: Zillow Rentals Report a problem | ||
| 11/27/2025 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 11/26/2025 | Listing removed | $995 |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Listed for rent | $995+25.2% |
Source: Zillow Rentals Report a problem | ||
| 12/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/19/2023 | Listed for rent | $795-19.3% |
Source: Zillow Rentals Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/13/2023 | Listed for rent | $985+80.7% |
Source: Zillow Rentals Report a problem | ||
| 5/2/2022 | Sold | $280,000+56.4% |
Source:  Realcomp II #2220032064 Report a problem | ||
| 4/18/2016 | Listing removed | $545 |
Source: Barnes & Barnes Apartment Rentals Report a problem | ||
| 2/11/2016 | Listed for rent | $545 |
Source: Barnes & Barnes Apartment Rentals Report a problem | ||
| 8/29/2015 | Listing removed | $179,000 |
Source: Realty Ink #215045747 Report a problem | ||
| 8/24/2015 | Price change | $179,000+5.9% |
Source: Realty Ink #215045747 Report a problem | ||
| 5/14/2015 | Listed for sale | $169,000 |
Source: Realty Ink #215045747 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $9,075 +1.7% | $125,300 +4.6% |
| 2025 | $8,922 | $119,800 +2.3% |
| 2024 | -- | $117,100 +14.7% |
| 2023 | -- | $102,100 +9.3% |
| 2022 | -- | $93,400 +3.7% |
| 2021 | -- | $90,100 +9.2% |
| 2020 | $4,852 | $82,500 +3% |
| 2019 | -- | $80,100 +1.5% |
| 2018 | -- | $78,900 +3.5% |
| 2017 | $4,220 | $76,200 +56.2% |
| 2016 | $4,220 | $48,796 +0.3% |
| 2015 | -- | $48,651 +3.2% |
| 2014 | -- | $47,131 |
| 2013 | -- | $47,131 +2.4% |
| 2012 | -- | $46,027 +2.7% |
| 2011 | -- | $44,817 +1.7% |
| 2010 | -- | $44,068 -0.3% |
| 2009 | -- | $44,201 +4.4% |
| 2008 | -- | $42,339 +2.3% |
| 2007 | -- | $41,388 -48.3% |
| 2005 | -- | $80,000 +0.9% |
| 2004 | -- | $79,300 +0.6% |
| 2003 | -- | $78,800 +9.3% |
| 2002 | $2,583 +18.4% | $72,100 +13.2% |
| 2001 | $2,182 +32.1% | $63,700 +22.5% |
| 2000 | $1,652 +138.4% | $52,000 +30.7% |
| 1999 | $693 | $39,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Woods Road
Similar homes
- $296,4003 bd3 ba-- sqft518 W Michigan Ave, Ypsilanti, MI 48197For Sale
MLS ID #26034687, Andre Kingston, Beal Properties LLC. MichRIC - $355,3005 bd2 ba1.8k sqft612 Pearl St, Ypsilanti, MI 48197For Sale
MLS ID #26030502, Eduardo Herrera-Urena, Beal Properties LLC. MichRIC - $379,9004 bd2 ba2.4k sqft1436 N Prospect Rd, Ypsilanti, MI 48198For Sale
MLS ID #26050057, Klement Bardhi, Eagle Real Estate, Inc. MichRIC - $299,9003 bd2 ba2k sqft263 Kirk St, Ypsilanti, MI 48197For Sale
MLS ID #26048296, William Van Buren, Firm Foundations Realty Group. MichRIC - $349,9003 bd2 ba1.7k sqft7944 Thornhill Dr, Ypsilanti, MI 48197For SaleMLS ID #26048606, Peter Jordan, Firm Foundations Realty Group. MichRIC
- $300,0004 bd2 ba1.7k sqft625 N Adams St, Ypsilanti, MI 48197For SaleMLS ID #26049779, Diane Crouch, Good Company. MichRIC
- $275,0004 bd2 ba1.4k sqft627 N Adams St, Ypsilanti, MI 48197For SaleMLS ID #26049209, Diane Crouch, Good Company. MichRIC
- $229,0004 bd2 ba1.6k sqft810 Young St, Ypsilanti, MI 48198For SaleMLS ID #26034057, Michael Slater, Beal Properties LLC. MichRIC
- $295,0003 bd2 ba1.4k sqft5465 New Meadow Dr, Ypsilanti, MI 48197For SaleMLS ID #26047271, Chundra Johnson, Keller Williams Ann Arbor Mrkt. MichRIC
- $359,9003 bd2 ba1k sqft2734 Hampshire Rd, Ann Arbor, MI 48104For SaleMLS ID #26048599, James Giacalone, National Realty Centers. MichRIC
- $395,0003 bd3 ba3k sqft44994 Sondra Dr, Belleville, MI 48111For Sale
MLS ID #20251040054, Kevin Elam, Ambassador Real Estate Inc. Realcomp II - $375,0003 bd3 ba2.4k sqft8112 Willow Rd, Milan, MI 48160For SaleMLS ID #20261062410, Jerald J Pittman, National Realty Centers, Inc. Realcomp II
- $299,0003 bd2 ba1.3k sqft521 N Harris Rd, Ypsilanti, MI 48198For SaleMLS ID #26024660, Michael Slater, Beal Properties LLC. MichRIC
- $305,0003 bd2 ba1.6k sqft1685 Sheffield Dr, Ypsilanti, MI 48198For SaleMLS ID #26032468, Mary Hargrow, Dynasty Real Estate Group. MichRIC
- $390,0003 bd2 ba1.3k sqft1380 Bemis Rd, Saline, MI 48176For Sale
MLS ID #50217697, Anna Fleeman, Realty Professionals. MiRealSource - $419,0004 bd4 ba2.5k sqft3084 Turnberry Ln, Ann Arbor, MI 48108For SaleMLS ID #50184852, Tony Butson, Key Realty One LLC in Monroe. MiRealSource
- $225,0003 bd1 ba864 sqft1215 Wendell Ave, Ypsilanti, MI 48198For SaleMLS ID #26041491, David Willoughby, Guenther Homes, Inc.. MichRIC
- $240,0003 bd1 ba943 sqft1311 Desoto Ave, Ypsilanti, MI 48198For SaleMLS ID #26040793, Peter Jordan, Firm Foundations Realty Group. MichRIC
- $365,0003 bd3 ba1.7k sqft1046 Greenhills Dr, Ann Arbor, MI 48105For SaleMLS ID #26041581, Jiyu Yin, The Charles Reinhart Company. MichRIC
- $235,0004 bd2 ba2k sqft1650 S Harris Rd, Ypsilanti, MI 48198For SaleMLS ID #26024662, Michael Slater, Beal Properties LLC. MichRIC
