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    514 Washtenaw Ave Ypsilanti, MI 48197

    For Sale
    $295,000

    MULTI_FAMILY - Ypsilanti, MI

    Lot size:
    0.19 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 514 Washtenaw Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 6
    Bedrooms
    6
    APN
    111140182010
    Parking
    6
    Parking features
    Driveway
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Steam
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1870
    Number of units
    2
    Building materials
    Vinyl Siding

    Beal Properties LLC (734) 662-6133

    Listing agent Deuntay Fields (734) 725-1595

    Listing date Nov 10, 2025

    MLS# 25028764 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex Near EMU

    This property features two income-producing units. One unit is a spacious 5-bedroom home currently occupied by a long-term tenant receiving government assistance, with a monthly rent of $2,744. The other unit is a 1-bedroom, previously rented for $900 per month and currently vacant, presenting an opportunity for an owner-occupant or a new tenant. A new boiler has been installed. The property has a total potential rent of over $3,600 per month. The property is located minutes from Eastern Michigan University (EMU), Downtown Ypsilanti, and Depot Town. The lot size is 0.19 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.620089
    Latitude
    42.243991

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    FAQs

    What type of property is this?
    Duplex - Charming duplex with income potential near EMU and Downtown Ypsi.
    Where is this duplex located?
    The property is located at 514 Washtenaw Ave Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Potential for over $3,600/month in total rental income from two units.; - **Occupied 5-bedroom unit generates $2,744/month in rent** with a long-term tenant receiving government assistance.; - Vacant 1-bedroom unit offers immediate income potential or owner-occupancy opportunity.
    (734) 725-1595
    Request Owner's contact information
    514 Washtenaw Ave Ypsilanti, MI 48197
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514 Washtenaw Ave Ypsilanti, MI 48197
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