Sold
992 Parkwood Avenue, Ypsilanti, MI 48198
Sold on 10/10/2025 for$299,900
MLS # 20251027643 (Realcomp)
Built 19300.16 acres
1 / 34
Listing Description
GREAT INVESTMENT OPPORTUNITY. COMPLETELY REMODELED DUPLEX 2025, LOCATED 10 MINUTES FROM THE MIDDLE OF EASTERN MICHIGAN UNIVERSITY CAMPUS. BOTH UNITS HAVE 2 BEDROOMS AND 1 BATH. BOTH UNITS HAVE ALL NEW APPLIANCES, INCLUDING: STOVE, REFRIDGERATOR, DISHWASHER AND MICROWAVE. BOTH KITCHENS HAVE GRANITE COUNTERTOPS AND SOFT CLOSE CABINETS AND DRAWERS. 2 NEW FURNACES, HOT WATER TANKS AND AIR CONDITIONERS. NEW ROOF 2022. NEW DECK. BOTH UNITS HAVE THEIR OWN WASHER/DRYER HOOK-UPS. SEPARATE UTILITIES. GOOD SIZE ENCLOSED FRONT PORCH FOR ADDITONAL LIVING SPACE. SHARED BASEMENT FOR ADDITIONAL STORAGE. LARGER CORNER LOT. 2 SEPARATE DRIVEWAYS FOR PARKING OFF THE STREET. PROJECTED RENT IS $1,500 PER UNIT. ONLY 5-10 MINUTES TO DEPOT TOWN, DOWNTOWN YPSILANTI, FORD LAKE AND SEVERAL PARKS. GREAT FOR RENTING OUT BOTH UNITS, OR LIVING IN ONE UNIT, AND RENTING OUT THE OTHER.
Source: SparkMLS
About this home
This 2-bath home built in 1930 sits in Eastlawn in Ypsilanti.
Final sale price: $299,900.
Property tax estimate: $5,787 per year ($482/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.16 acres
Year Built1930
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed9/3/2025
Sold Date10/9/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,787
Parcel #K01110307002
Source: SparkMLS
Legal Description
YP# 92-131 LOT 130 EXCEPT THE S 47 FT. STURTEVANT MANOR SUBDIVISION.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Morris B Hall
Maxim Properties LLC
Frequently Asked Questions about 992 Parkwood Avenue, Ypsilanti, MI 48198
Which school district serves 992 Parkwood Avenue, Ypsilanti, MI 48198?
Per MLS# 20251027643, 992 Parkwood Avenue, Ypsilanti, MI 48198 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# 20251027643, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 992 Parkwood Avenue, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $5,787. 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, 992 Parkwood Avenue, Ypsilanti, MI 48198 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.
Is 992 Parkwood Avenue, Ypsilanti, MI 48198 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 992 Parkwood Avenue, Ypsilanti, MI 48198. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 992 Parkwood Avenue, Ypsilanti, MI 48198?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. 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
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Monthly payment$1,945
Principal & interest$1,945
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
992 Parkwood Avenue, Ypsilanti, MI 48198
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Neighborhood
Eastlawn
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Community
Ypsilanti
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County
Washtenaw County
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