For Sale
506 N Miami Avenue, Ypsilanti, MI 48198
$1,250,000
MLS # 26024664 (Michigan Regional Information Center (MichRIC))
13 unitsBuilt 19640.72 acres
1 / 1
About this home
Asking $1,250,000.
Property tax estimate: $13,314 per year ($1,110/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 TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size0.72 acres
Year Built1964
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictWillow Run
Construction & Systems
ConstructionBrick
BasementCrawl Space
HeatingRadiant
UtilitiesCable Available, Electricity Connected, Cable Connected
Sale & Financing
Listed5/25/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$13,314
Tax Year2026
Assessed Value$197,965
Parcel #K-11-03-483-002
Source: SparkMLS
Legal Description
YP#99-120A LOTS 120 - 123 INCL. ALSO THAT PART OF LOTS 126 & 127 DESC AS:BEG ATNW COR LOT 127, TH S 88-3 E 69.29 FT, TH S 2-24 W 75 FT, TH N 88-3 W 25 FT, TH S 2-24 W 25 FT, TH N 88-3 W 43.34 FT, TH N 1-51-20 E 100 FT TO POB TOWNSENDS SUBDIVISION
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Michael Slater
Beal Properties LLC
Frequently Asked Questions about 506 N Miami Avenue, Ypsilanti, MI 48198
Which school district serves 506 N Miami Avenue, Ypsilanti, MI 48198?
Per MLS# 26024664, 506 N Miami Avenue, Ypsilanti, MI 48198 is in the Willow Run boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Willow Run directly to confirm enrollment eligibility.
What financing options are available for 506 N Miami Avenue, Ypsilanti, MI 48198?
Per MLS# 26024664, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 506 N Miami Avenue, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $13,314 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 506 N Miami Avenue, Ypsilanti, MI 48198 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.
What utilities serve 506 N Miami Avenue, Ypsilanti, MI 48198?
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.
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Monthly payment$8,107
Principal & interest$8,107
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 N Miami 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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