For Sale
428 N Washington Street, Ypsilanti, MI 48197
$357,000
MLS # 26035886 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19020.08 acres
1 / 6
Listing Description
Discover this triplex investment property in Ypsilanti, Michigan, offering tremendous potential for income-generating opportunities. Situated on a 3,485 square foot lot in the Core neighborhood close to all local shops and historical districts close by , This triplex provides flexibility for various real estate strategies and portfolio development. Whether you're an experienced investor seeking to expand your holdings or an entrepreneur exploring rental income possibilities, this property presents a solid foundation for your real estate objectives. The multi-unit configuration allows for efficient management and diversified revenue streams. Position yourself to capitalize on the Ypsilanti market with this distinctive property opportunity.
Source: SparkMLS
About this home
This 3-bath home built in 1902 sits in Riverside in Ypsilanti.
Asking $357,000.
Estimated annual property tax: $7,849, or about $654 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
Property Subtype2 to 4 Units
Bathrooms3
Lot Size0.08 acres
Year Built1902
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionWood Siding
BasementCrawl Space, Michigan Basement
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed7/13/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,849
Tax Year2025
Assessed Value$98,169
Parcel #11-11-40-188-008
Source: SparkMLS
Legal Description
*OLD SID - 11 11-441-313-20 YP CITY 44W-2 LOT 313 EXCEPT N 45 FT NORRIS & CROSS ADDITION.
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: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Andre Ameye
Beal Properties LLC
Frequently Asked Questions about 428 N Washington Street, Ypsilanti, MI 48197
Which school district serves 428 N Washington Street, Ypsilanti, MI 48197?
Per MLS# 26035886, 428 N Washington Street, 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# 26035886, this listing accepts VA Loan, FHA, Cash, 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 428 N Washington Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $7,849 (2025). 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, 428 N Washington Street, Ypsilanti, MI 48197 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 428 N Washington 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.
Is 428 N Washington Street, 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 428 N Washington Street, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$2,315
Principal & interest$2,315
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
428 N Washington Street, Ypsilanti, MI 48197
View full property history →
Neighborhood
Riverside
View all listings →
Community
Ypsilanti
Explore neighborhoods →
County
Washtenaw County
View county overview →
Get email alerts for new listings near 428 N Washington Street
We'll notify you when something hits the market in Riverside or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.