Sold
418 WASHTENAW Road, Ypsilanti, MI 48197
Sold on 04/05/2024 for$320,000
MLS # 20230064714 (Realcomp)
Built 18790.15 acres
1 / 8
Listing Description
**INVESTOR SPECIAL** **PACKAGE DEAL OR SOLD INDIVIDUALLY** All Located in the heart of Ypsilanti only blocks away from Eastern University. 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! (Package deal available with 6 properties total) I've included a packet of info on all the properties along with selling price of each. ***Offer must be submitted before viewing***
Source: SparkMLS
About this home
This 3-bath home built in 1879 sits in Midtown in Ypsilanti.
Closed at $320,000.
Estimated annual property tax: $5,734, or about $478 monthly. 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.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.15 acres
Year Built1879
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/26/2023
Sold Date4/4/2024
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,734
Parcel #111140414009
Source: SparkMLS
Legal Description
*OLD SID - 11 11-810-005-00 YP CITY 55W-7 E 48.17 FT OF LOT 5 AND W 1.33 FT OF LOT 4 WESTERN ADDITION. 418 WASHTENAW
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Ypsilanti Historic District (2025)
Exterior changes may require Historic District Commission (HDC) approval
Source: City of Ypsilanti Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jiryes Jarrous
Century 21 Curran & Oberski
Frequently Asked Questions about 418 WASHTENAW Road, Ypsilanti, MI 48197
Which school district serves 418 WASHTENAW Road, Ypsilanti, MI 48197?
Per MLS# 20230064714, 418 WASHTENAW Road, Ypsilanti, MI 48197 is in the Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ypsilanti directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20230064714, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 418 WASHTENAW Road, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $5,734. 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 WASHTENAW Road, 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 WASHTENAW Road, 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.
Is 418 WASHTENAW Road, Ypsilanti, MI 48197 in a historic district?
Per municipal ordinance records, this property is within the Ypsilanti Historic District (2025). Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What utilities serve 418 WASHTENAW Road, 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$2,205
Principal & interest$2,205
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
418 WASHTENAW Road, 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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