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Off market
  • $369,400

    702 N Congress St, Ypsilanti, MI 48197

    --beds
    0baths
    2,798sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $369,400 Zestimate®
    $132/sqft
    $1,448 Estimated rent

    Home value

    $369,400

    $332,000 - $410,000

    $1,448/mo

    Zestimate® history
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    $2,462/mo

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    What's special

    This is a 4 unit building each unit is different. All units are two bedrooms in good shape, the entire building was completely redone just before current owners bought 14 years ago. Two units have real wood burning fireplaces in them, one unit is a timber frame building and is very unique inside. One unit has a new 90% efficient furnace. When the building was redone it was literally stripped to the studs and had new electric, plumbing, windows, vinyl siding, tile floors, kitchens and bathrooms installed. Each tenant pays their own electric, the landlord pays natural gas and water. All units have a stove and refrigerator. There are 4 parking spaces at the back of the lot. The driveway is shared. Due to recent remodel maintenance costs are quite low. This building shows a very nice return. Total rent is 35,700 per year. ROI of 5.5

    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
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,798 sqft

    Property

    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 111140464028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1904

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $309,200
    • Annual tax amount: $9,380

    Price history

    DateEventPrice
    10/30/2015Sold$189,900-3.8%$68/sqft
    Source: MichRIC #17827 Report a problem
    5/5/2015Listed for sale$197,500+33.4%$71/sqft
    Source: Firm Foundations Realty Group #3230698 Report a problem
    6/9/1999Sold$148,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,380 $154,600 +3.1%
    2024-- $150,000 +12.4%
    2023-- $133,400 +9.9%
    2022-- $121,400 +4.1%
    2021-- $116,600 +10.6%
    2020$8,745 $105,400 +0.8%
    2019-- $104,600 +3.3%
    2018-- $101,300 +2.1%
    2017$7,853 $99,200 +9.3%
    2016$7,853 $90,800 +14.4%
    2015-- $79,378 +3.2%
    2014-- $76,898
    2013-- $76,898 +2.4%
    2012-- $75,096 +2.7%
    2011-- $73,122 +1.7%
    2010-- $71,900 -8.2%
    2009-- $78,300 +4.4%
    2008-- $75,000 +2.3%
    2007-- $73,314 -32.3%
    2005-- $108,300 +2.2%
    2004-- $106,000 +1%
    2003-- $104,900 +10.7%
    2002$4,575 +18.4%$94,800 +27.9%
    2001$3,865 +57.7%$74,100 +22.5%
    2000$2,450 +138.4%$60,500 +5.6%
    1999$1,028 $57,300
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $369,400
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    Estimated market value
    $369,400