Active

$275,000

627 N Adams St, Ypsilanti, MI 48197

4beds

1,418sqft

$2,161/mo

Get pre-qualified

Single Family Residence

Built in 1900

4,791 Square Feet Lot

$269,200 Zestimate^®

$194/sqft

$-- HOA

What's special

A rare opportunity to add a proven performer to your portfolio. This well-maintained 4-bedroom home is currently leased to excellent long-term tenants through August 31, 2027, generating $2,140/month — making this a true turnkey investment from day one. This property has been a strong, low-hassle income generator for its owners, who are selling only due to a shift in portfolio strategy — not performance. Buyers benefit from immediate cash flow, established tenants, and no lease-up period. Unbeatable location just minutes from Eastern Michigan University, downtown Ypsilanti, and the shops and restaurants of Depot Town, with easy access to nearby expressways for commuters. Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.

8 days
440
31

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1

Heating

Forced Air

Appliances

Included: Dryer, Range, Refrigerator, Washer
Laundry: Upper Level

Features

Flooring: Carpet, Ceramic Tile, Linoleum
Basement: Crawl Space,Michigan Basement
Has fireplace: No

Interior area

Total structure area: 1,418
Total interior livable area: 1,418 sqft
Finished area below ground: 0

Property

Features

Stories: 2

Lot

Size: 4,791 Square Feet
Dimensions: 44.00 x 110.00

Details

Parcel number: 111104362002

Construction

Type & style

Home type: SingleFamily
Architectural style: Historic
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Cable Connected

Community & HOA

Location

Region: Ypsilanti

Financial & listing details

Price per square foot: $194/sqft
Tax assessed value: $82,480
Annual tax amount: $6,594
Date on market: 9/18/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$269,200

$256,000 - $283,000

Not available

Price history

Date	Event	Price
9/18/2026	Listed for sale	$275,000+44.8%$194/sqft
Source: MichRIC #26049209 Report a problem
12/22/2020	Sold	$189,900$134/sqft
Source: Public Record Report a problem
11/2/2020	Pending sale	$189,900$134/sqft
Source: MiRealSource #40116681 Report a problem
11/2/2020	Listing removed	$189,900$134/sqft
Source: Realty Ink #2200087163 Report a problem
10/22/2020	Listed for sale	$189,900+111%$134/sqft
Source: Realty Ink #2200087163 Report a problem
1/19/2019	Listing removed	$1,950$1/sqft
Source: Barnes & Barnes Apartment Rentals Report a problem
12/12/2018	Listed for rent	$1,950+2.6%$1/sqft
Source: Barnes & Barnes Apartment Rentals Report a problem
3/15/2018	Sold	$90,000+13.9%$63/sqft
Source: Public Record Report a problem
1/8/2018	Listing removed	$1,900$1/sqft
Source: Barnes & Barnes Apartment Rentals Report a problem
12/15/2017	Listed for rent	$1,900$1/sqft
Source: Barnes & Barnes Apartment Rentals Report a problem
6/23/1995	Sold	$79,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$6,594 +1.7%	$96,800 +8%
2025	$6,483	$89,600 +8%
2024	--	$83,000 +0.2%
2023	--	$82,800 +11.4%
2022	--	$74,300 +8.6%
2021	--	$68,400 +5.1%
2020	$4,777	$65,100 +10.9%
2019	--	$58,700 +5%
2018	--	$55,900 +4.3%
2017	$4,290	$53,600 +8.1%
2016	$4,290	$49,600 +0.2%
2015	--	$49,500 +11.5%
2014	--	$44,400
2013	--	$44,400 +0.5%
2012	--	$44,200 -6.9%
2011	--	$47,500 -15.2%
2010	--	$56,000 -14.5%
2009	--	$65,500 -10%
2008	--	$72,800
2007	--	$72,800 +2%
2005	--	$71,400 +5.6%
2004	--	$67,600 +3%
2003	--	$65,600 +1.9%
2002	$4,341 +31.9%	$64,400 +3.7%
2001	$3,290 +33.8%	$62,100 +20.6%
2000	$2,459 +397.8%	$51,500 +3.2%
1999	$494	$49,900