$440,000
Ypsilanti, MI 48197
MLS# 26012743
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Property Description
Beautiful old home, great investment! Whether you turn this back into a beautiful downtown home or continue using it as a rental you will be happy for years to come . Currently, the first and second floor have apartments with three bedrooms and one bathroom. Generous size living rooms, and plenty of storage in the kitchens. The third unit is a studio on the third floor. Exposed beams and the retro kitchen make it a very desirable unit. Walking distance to everything downtown, and EMU campus
Details
Maps
Location & Property Info
Cross Streets: Corner of Pearl and Ballard
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 54 x 114
Road Frontage: 54
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2
Total Parking Spaces: 7
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 6142
Lot Acres: 0.14
Year Built: 1901
Tax Info
Taxable Value: 127757
SEV: 207300
For Tax Year: 2026
Seller's Annual Property Tax: 10214
Tax Year: 25
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: R3
Tax ID #: 11-11-40-416-004
Remarks & Misc
Public Remarks: Beautiful old home, great investment! Whether you turn this back into a beautiful downtown home or continue using it as a rental you will be happy for years to come . Currently, the first and second floor have apartments with three bedrooms and one bathroom. Generous size living rooms, and plenty of storage in the kitchens. The third unit is a studio on the third floor. Exposed beams and the retro kitchen make it a very desirable unit. Walking distance to everything downtown, and EMU campus
Lot Description
Corner Lot: 1
Street Type
Public: 1
Util Avail at Street
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Concrete: 1
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Partial: 1
Extras
Garages: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 3 bed 1 bath
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 3 beds 1 bath
Occupied: Yes
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: studio
Occupied: Yes
Bathrooms: 1
Full Baths: 1
W/D Hookup: 1
Location Property Info
County: Washtenaw
Street #: 502
Street Name: Pearl
Suffix: Street
State: MI
Zip Code: 48197
OfficeContract Info
Status: Active
Current Price: $440,000
List Price: $440,000
Listing Date: 2026-03-27
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Concrete; Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement; Partial
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Extras: Garages
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Public
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 3: W/D Hookup
Listing Office: RE/MAX Platinum
Listing Agent: Amy Saffold
Last Updated: March - 31 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.