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Sold for $400,000
  • $400,000

    602 W Michigan Ave, Ypsilanti, MI 48197

    8beds
    3,160sqft
    Duplex
    Built in 1903
    -- sqft lot
    $458,700 Zestimate®
    $127/sqft
    $1,397 Estimated rent

    Home value

    $458,700

    $427,000 - $495,000

    $1,397/mo

    Zestimate® history
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    What's special

    Great investment property! Cash flowing with great tenants! Located in the heart of Ypsilanti only blocks away from EMU! Both Units are 100% Leased, Needless to say there is no shortage of tenants here! You won't have any issue keeping these properties occupied and cash-flowing! ***Need 3 Days notice to show*** 4 Bedrooms per units with a possible 5th in the upper unit! Don't miss out on this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jiryes Jarrous 313-942-9007,

    Century 21 Curran & Oberski

    Bought with:

    Jacob Phillips, 6501450378

    Keller Williams First

    Source: Realcomp II,MLS#: 20240041683MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Ceiling Fans
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,160 sqft
    • Finished area above ground: 3,160

    Property

    Parking
    • Parking features: Lighted, On Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Enclosed, Porch
    • Pool features: None
    Lot
    • Size: 0.3 Acres
    • Dimensions: 83 x 160
    Details
    • Parcel number: 111140463035
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Duplex
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1903
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Carbon Monoxide Detectors, Smoke Detectors
    • Subdivision: ASSR'S PLAT NO 10 - YPSILANTI
    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $80,505
    • Annual tax amount: $6,581
    • Date on market: 6/13/2024
    • Cumulative days on market: 69 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/21/2024Pending sale$419,900+5%$133/sqft
    Source: Realcomp II #20240041683 Report a problem
    8/19/2024Sold$400,000-4.7%$127/sqft
    Source: Realcomp II #20240041683 Report a problem
    6/16/2024Price change$419,9000%$133/sqft
    Source: Realcomp II #20240041683 Report a problem
    6/13/2024Listed for sale$420,000$133/sqft
    Source: Realcomp II #20240041683 Report a problem
    3/20/2024Listing removed$420,000$133/sqft
    Source: Realcomp II #20230064723 Report a problem
    3/17/2024Pending sale$420,000$133/sqft
    Source: Realcomp II #20230064723 Report a problem
    10/11/2023Listing removed--
    Source: Realcomp II #20230064723 Report a problem
    9/29/2023Listed for sale$420,000$133/sqft
    Source: Realcomp II #20230064723 Report a problem
    3/31/2021Listing removed--
    Source: Zillow Rental Network Premium_1 Report a problem
    2/23/2021Listed for rent$1,740$1/sqft
    Source: Zillow Rental Network Premium_1 Report a problem
    11/2/2020Listing removed$1,740$1/sqft
    Source: Flo-Mar Apartments Report a problem
    6/16/2020Listed for rent$1,740+3.1%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    4/20/2019Listing removed$1,688$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    3/26/2019Listed for rent$1,688-10.2%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    12/28/2018Listing removed$1,880$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    11/23/2018Listed for rent$1,880-12.4%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    3/31/2018Listing removed$2,145$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    12/7/2017Listed for rent$2,145+14.7%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    8/2/2017Listing removed$1,870$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    6/23/2017Listed for rent$1,870-16.5%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    2/14/2017Listing removed$2,240+3.2%$1/sqft
    Source: Flo-Mar Apartments Report a problem
    1/15/2016Listing removed$2,170$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    12/11/2015Listed for rent$2,170+20.6%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    5/3/2015Listing removed$1,800$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    4/5/2015Price change$1,800-20.7%$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem
    1/29/2015Listed for rent$2,270$1/sqft
    Source: FLO-MAR APARTMENTS Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,035 --
    2024-- $207,400 +8.1%
    2023-- $191,800 +9.1%
    2022-- $175,800 +3.4%
    2021-- $170,100 +14.7%
    2020$6,558 $148,300 +7.5%
    2019-- $138,000 +12.5%
    2018-- $122,700 +4.2%
    2017$5,890 $117,800 +73%
    2016$5,890 $68,098 +0.3%
    2015-- $67,895 +3.2%
    2014-- $65,774
    2013-- $65,774 +2.4%
    2012-- $64,233 +2.7%
    2011-- $62,545 -13%
    2010-- $71,912 -0.3%
    2009-- $72,129 +4.4%
    2008-- $69,090 +2.3%
    2007-- $67,537 -19.4%
    2005-- $83,800 +1%
    2004-- $83,000 +3.5%
    2003-- $80,200 +6.5%
    2002$4,214 +18.4%$75,300 +4.3%
    2001$3,561 +32.1%$72,200 +10.1%
    2000$2,695 +189.9%$65,600 +1.9%
    1999$930 $64,400
    Find assessor info on the county website

    Neighborhood: Woods Road

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $458,700
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    Estimated market value
    $458,700