Sold
418 Pearl Street, Ypsilanti, MI 48197
Sold on 04/25/2025 for$277,000
MLS # 24061847 (Michigan Regional Information Center (MichRIC))
5 beds3 baths1,495 sqftBuilt 18840.14 acres
1 / 28
Listing Description
BACK ON THE MARKET AFTER PASSING ALL CONTINGENCIES—NO FAULT OF THE SELLER! SELLER JUST ADDED NEW VINYL FLOOR This rare multigenerational home in the heart of Ypsilanti's vibrant downtown offers incredible flexibility! Featuring 5 bedrooms, 3 FULL bathrooms, 2 FULL kitchens, and 2 separate entrances, it can function as a DUPLEX, shared home, rental, or Airbnb. This is an outstanding investment or owner-occupant opportunity. Located in Core Neighborhood (CN) zoning, the property allows for flexible residential or potential business use. Just a short walk to EMU and Depot Town, this home offers both convenience and charm. Recent updates include fresh paint, new floor and new stainless steel appliances. Vacant and move-in ready—don't miss this opportunity!
Source: SparkMLS
About this home
Located in Midtown in Ypsilanti, this property offers 5-bedroom, 3-bath, 1,495 sq ft, with original construction dating to 1884.
Final sale price: $277,000 (about $185/sq ft).
Annual property taxes run approximately $8,605 ($717/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,120 Mbps across 10 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area1,495 sqft
Lot Size0.14 acres
Year Built1884
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleColonial
ConstructionVinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed3/3/2025
Sold Date4/24/2025
Original Price$309,500
Terms AcceptedCash, FHA, VA Loan, MSHDA, Land Contract, Conventional
Source: SparkMLS
Tax Information
Annual Tax$8,605
Tax Year2024
Assessed Value$103,400
Parcel #11-11-40-415-026
Source: SparkMLS
Legal Description
OWNER REQUEST YPC 52W-43B COM AT SE COR LOT 31, TH WEST 40 FT TO A POB, TH NORTH 98.97 FT, TH WEST 62 FT, TH SOUTH 98.97 FT, TH EAST 62 FT TO THE POB. PT OF LOTS 30 & 31 STUCKS ADDITION. SPLIT ON 05/04/2001 FROM 11-11-40-415-01511-11-40-415-016;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Anh Le
The Charles Reinhart Company
Frequently Asked Questions about 418 Pearl Street, Ypsilanti, MI 48197
Which school district serves 418 Pearl Street, Ypsilanti, MI 48197?
Per MLS# 24061847, 418 Pearl Street, Ypsilanti, MI 48197 is in the School District of Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact School District of Ypsilanti directly to confirm enrollment eligibility.
What financing options are available for 418 Pearl Street, Ypsilanti, MI 48197?
Per MLS# 24061847, this listing accepts Cash, FHA, VA Loan, MSHDA, Land Contract, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 418 Pearl Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $8,605 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 418 Pearl Street, Ypsilanti, MI 48197 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 418 Pearl Street, Ypsilanti, MI 48197 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 418 Pearl Street, Ypsilanti, MI 48197. The maximum advertised download speed is 5.1 Gbps. 10 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 418 Pearl Street, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,946
Principal & interest$1,946
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Internet
FiberDownload
5.1 Gbps
Upload
5.1 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite
10 providers at this address
Metronet HoldingsFiber
5.1 GbpsAT&TFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsAT&TLicensed Fixed Wireless
100 MbpsAT&TDSL
100 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsT-MobileLicensed Fixed Wireless
25 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
418 Pearl Street, Ypsilanti, MI 48197
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Neighborhood
Midtown
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Community
Ypsilanti
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County
Washtenaw County
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