For Sale
506 Hollis Avenue, Ypsilanti, MI 48198
$100,000
MLS # 26030391 (Michigan Regional Information Center (MichRIC))
2 beds2 baths712 sqftBuilt 19460.14 acres
1 / 1
Listing Description
Investor opportunity for a cash only sale, home being sold in as-is condition and requires waiver to show due to condition. 2 bedroom ranch home with main floor full bath located on fenced corner lot just a few blocks from Prospect Park and Depot Town. Full basement with laundry and half bath. Garage is attached with breezeway entry. BTVAI.
Source: SparkMLS
About this home
Located in East Forest in Ypsilanti, this property offers 2-bedroom, 2-bath, 712 sq ft, with original construction dating to 1946.
Currently offered at $100,000 (about $140/sq ft).
Annual property taxes run approximately $2,549 ($212/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.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms2
Living Area712 sqft
Lot Size0.14 acres
Year Built1946
Stories1
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
StyleRanch
ConstructionAluminum Siding
BasementFull
Garage1 space
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed6/17/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,549
Tax Year2026
Assessed Value$45,000
Parcel #K-11-03-461-035
Source: SparkMLS
Legal Description
YP# 68A-35 LOT 35 HANNAH SUBDIVISION.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jennifer Ketz
RE/MAX Platinum Chelsea
Frequently Asked Questions about 506 Hollis Avenue, Ypsilanti, MI 48198
What school district is 506 Hollis Avenue, Ypsilanti, MI 48198 in?
Per MLS# 26030391, this property is served by Ypsilanti. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26030391, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26030391, the most recent reported annual property tax for 506 Hollis Avenue, Ypsilanti, MI 48198 is $2,549 (2026). 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.
Is 506 Hollis Avenue, Ypsilanti, MI 48198 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 506 Hollis Avenue, Ypsilanti, MI 48198 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$649
Principal & interest$649
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
506 Hollis Avenue, Ypsilanti, MI 48198
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Neighborhood
East Forest
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Community
Ypsilanti
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County
Washtenaw County
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