For Sale
95 Oakwood Street, Ypsilanti, MI 48197
$300,000
MLS # 26021396 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 18950.16 acres
1 / 27
Listing Description
Investors take note! Wonderful opportunity to own a piece of history! 3 units, currently vacant. Previously rented consistently at over 1K each. CLOSE to Eastern Michigan University. Quiet neighborhood right down the street from the park. Huge backyard. Upgrades include new vinyl siding, new sump pump w/ battery backup, new front door, flooring replaced and new shower enclosure (unit 2). Being sold as is.
Source: SparkMLS
About this home
Asking $300,000.
Annual property taxes run approximately $4,359 ($363/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 Size0.16 acres
Year Built1895
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementFull
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed5/10/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,359
Tax Year2025
Assessed Value$55,733
Parcel #11-11-40-280-002
Source: SparkMLS
Legal Description
*OLD SID - 11 11-422-009-04 YP CITY 42W-107 LOT 4, BLK 9 NORMAL PARK ADDITION.
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 Kelly Neaton
Remerica United Realty
Frequently Asked Questions about 95 Oakwood Street, Ypsilanti, MI 48197
Which school district serves 95 Oakwood Street, Ypsilanti, MI 48197?
Per MLS# 26021396, 95 Oakwood 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# 26021396, 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 95 Oakwood Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,359 (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, 95 Oakwood 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 95 Oakwood 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.
What utilities serve 95 Oakwood 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.
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Monthly payment$1,946
Principal & interest$1,946
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
95 Oakwood Street, Ypsilanti, MI 48197
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Neighborhood
Normal Park
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Community
Ypsilanti
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County
Washtenaw County
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