For Sale
705 Pearl Street, Ypsilanti, MI 48197
$249,000
MLS # 26014508 (Michigan Regional Information Center (MichRIC))
1 unitBuilt 18800.19 acres
1 / 8
Listing Description
Spacious 5 bedroom home featuring an updated kitchen with dishwasher and updated bath, all within walking distance to campus. Large deck, high ceilings, spacious room sizes. Property is leased to August 2027 ($28,740/yr). Tenants pay gas, electric, and water/sewer.
Source: SparkMLS
About this home
Listed at $249,000.
Property tax estimate: $5,180 per year ($432/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 Subtype2 to 4 Units
Bathrooms0
Lot Size0.19 acres
Year Built1880
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionAluminum Siding, Other
BasementFull, Walk-Out Access
HeatingForced Air
UtilitiesCable Available, Cable Connected
Sale & Financing
Listed4/8/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,180
Tax Year2026
Assessed Value$64,794
Parcel #11-11-40-464-015
Source: SparkMLS
Legal Description
*OLD SID - 11 11-625-033-20 YP CITY 52W-48 E 28 FT OF N 143.55 FT OF LOT 7 CROSS & BAGLEY'S ADDITION AND W 15 FT OF N 143.55 FT OF LOT 6 CROSS & BAGLEY'S ADDITION AND W 43 FT OF E 94 FT OF LOT 33, STUCKS ADDITION.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ayad Ridha
The Charles Reinhart Company
Frequently Asked Questions about 705 Pearl Street, Ypsilanti, MI 48197
What school district is 705 Pearl Street, Ypsilanti, MI 48197 in?
Per MLS# 26014508, 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# 26014508, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26014508, the most recent reported annual property tax for 705 Pearl Street, Ypsilanti, MI 48197 is $5,180 (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 705 Pearl Street, Ypsilanti, MI 48197 eligible for USDA financing?
Per USDA Rural Development boundary data, 705 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 705 Pearl Street, Ypsilanti, MI 48197 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. 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$1,615
Principal & interest$1,615
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
705 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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