**Prime Investment Opportunity in Ypsilanti** Discover this exceptional three-family income property, fully leased and generating stable rental income. With a total of 2,200 sq. ft., this property offers two 2-bed, 1-bath units and one 3-bed, 2-bath unit, perfectly designed to attract tenants. Located just blocks from Eastern Michigan University, this prime location ensures consistent demand and strong rental potential. The property was meticulously rebuilt from the foundation up in 2005, showcasing modern amenities and quality craftsmanship. **Key Features:** - **Total Area:** 2,200 sq. ft. - **Unit 1:** 2-bed, 1-bath - **Unit 2:** 2-bed, 1-bath - **Unit 3:** 3-bed, 2-bath - **Location:** Blocks away from Eastern Michigan University - **Condition:** Completely rebuilt from the foundation up in earlier 2000s, Invest in this well-maintained, fully leased property and enjoy the benefits of a stable income stream in a sought-after location. Don’t miss out on this prime investment opportunity!
Sold for $420,000
$420,000
617 N Congress St, Ypsilanti, MI 48197
7beds
2,200sqft
Multi Family
Built in 1868
-- sqft lot
$472,600 Zestimate®
$191/sqft
$1,650 Estimated rent
Home value
$472,600
$435,000 - $510,000
$1,650/mo
Zestimate® history
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$2,778/mo
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Zillow last checked:
Listing updated:
Listed by:
Jiryes Jarrous 313-942-9007,
Century 21 Curran & Oberski
Bought with:
Patrick Czech, 6501283021
Century 21 Curran & Oberski
Source: Realcomp II,MLS#: 20240057504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Window Units
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,200 sqft
- Finished area above ground: 2,200
Property
Features
- Levels: Three
- Stories: 3
- Patio & porch: Covered, Deck, Enclosed, Porch
- Exterior features: Awnings, Balcony
- Pool features: None
Lot
- Size: 10,454 Square Feet
- Dimensions: 52.00 x 198.00
Details
- Parcel number: 111140463009
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1868
- Major remodel year: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detectors
- Subdivision: ASSR'S PLAT NO 10 - YPSILANTI
Location
- Region: Ypsilanti
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $78,208
- Annual tax amount: $6,407
- Date on market: 8/9/2024
- Cumulative days on market: 71 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2024 | Pending sale | $450,000+7.1%$205/sqft |
Source:  Realcomp II #20240057504 Report a problem | ||
| 10/15/2024 | Sold | $420,000-6.7%$191/sqft |
Source: Realcomp II #20240057504 Report a problem | ||
| 8/9/2024 | Listed for sale | $450,000$205/sqft |
Source: Realcomp II #20240057504 Report a problem | ||
| 5/1/2019 | Listing removed | $1,098 |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 4/30/2019 | Listed for rent | $1,098+4.8% |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 5/11/2018 | Listing removed | $1,048 |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 2/23/2018 | Listed for rent | $1,048+11% |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 6/8/2016 | Listing removed | $944+5.1% |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 3/19/2015 | Listing removed | $898 |
Source: FLO-MAR APARTMENTS Report a problem | ||
| 2/5/2015 | Listed for rent | $898 |
Source: FLO-MAR APARTMENTS Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,834 | $133,000 +1.8% |
| 2024 | -- | $130,700 +13.9% |
| 2023 | -- | $114,700 +8.8% |
| 2022 | -- | $105,400 +3.9% |
| 2021 | -- | $101,400 +9.4% |
| 2020 | $6,371 | $92,700 +1.1% |
| 2019 | -- | $91,700 +4.2% |
| 2018 | -- | $88,000 +3.5% |
| 2017 | $5,722 | $85,000 +28.5% |
| 2016 | $5,722 | $66,154 +0.3% |
| 2015 | -- | $65,957 +3.2% |
| 2014 | -- | $63,897 |
| 2013 | -- | $63,897 +2.4% |
| 2012 | -- | $62,400 +2.3% |
| 2011 | -- | $61,020 -6.1% |
| 2010 | -- | $65,000 -17.3% |
| 2009 | -- | $78,600 -6.9% |
| 2008 | -- | $84,400 +0.7% |
| 2007 | -- | $83,853 -8.4% |
| 2005 | -- | $91,500 +0.9% |
| 2004 | -- | $90,700 +9.3% |
| 2003 | -- | $83,000 +11% |
| 2002 | $2,540 +18.4% | $74,800 +10.5% |
| 2001 | $2,146 +32.1% | $67,700 +46.2% |
| 2000 | $1,625 +138.4% | $46,300 +17.8% |
| 1999 | $681 | $39,300 |
Find assessor info on the county website
Neighborhood: Woods Road
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Nearby schools
GreatSchools rating
- NAPerry Early Learning CenterGrades: PK-1Distance: 0.6 mi
- 3/10Estabrook SchoolGrades: PK,1-8Distance: 0.9 mi
- 2/10AC Tech High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$472,600
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
$472,600
- Michigan
- Washtenaw County
- Ypsilanti
- 48197
- Woods Road
- 617 N Congress St
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