For sale
Residential income properties
MI
Ypsilanti
48197
2892 Roundtree Boulevard

Updated Condo in Ypsilanti

2892 Roundtree Boulevard, Ypsilanti, MI 48197

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For Sale

$199,000

Move-in ready condo with modern updates and community amenities.

Type:Condo/Townhome

Property size:

1,102 SF

Price / SF:

$180/SF

HighLights

Move‑in ready condo with stylish updates throughout, including a new kitchen with stainless steel appliances and updated bathrooms.
Community amenities include a pool, tennis court, and fitness room.
Convenient Ypsilanti location with easy access to shopping, dining, Ann Arbor, and major highways.
Two bedrooms, including one with a walk‑in closet, plus a partially finished basement with a half bath and laundry area.
Recent updates include new hot water tank, new light fixtures, new privacy fencing/gates, and rebuilt front porch & steps.
Includes a covered parking space.

We can help!

Listing Contact

Rachel Howard

For Sale

$199,000

Move-in ready condo with modern updates and community amenities.

Type:Condo/Townhome

Property size:

1,102 SF

Price / SF:

$180/SF

Added:: Mar 23, 2026
Days on Market:: 80
Last Refresh:: Apr 6 at 12:56 am

Property Features for 2892 Roundtree Boulevard

General Information

Standard status: Active
Size: 1,102 SF
Property subtype: Condo/Townhome

Building Details

Year Built: 1979

We can help!

Listing Contact

Rachel Howard

Listing agent Rachel Howard License #6501401664

Listing office The Charles Reinhart Company

Listing date Mar 23, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Charles Reinhart Company

HighLights

Move‑in ready condo with stylish updates throughout, including a new kitchen with stainless steel appliances and updated bathrooms.
Community amenities include a pool, tennis court, and fitness room.
Convenient Ypsilanti location with easy access to shopping, dining, Ann Arbor, and major highways.
Two bedrooms, including one with a walk‑in closet, plus a partially finished basement with a half bath and laundry area.
Recent updates include new hot water tank, new light fixtures, new privacy fencing/gates, and rebuilt front porch & steps.
Includes a covered parking space.

Overview

This updated Roundtree Condo is move-in ready, featuring 2 bedrooms and 1.1 baths. The interior has been freshly painted and includes a spacious living room with hardwood floors. The dining area features a new ceiling fan/light fixture and a new sliding patio door providing access to the front porch/patio area. The updated kitchen includes new cabinets, new GE stainless steel appliances such as a range/oven, refrigerator, and dishwasher, along with new tile flooring and countertops. Upstairs, two bedrooms, one with a walk-in closet, share an updated full bath with a newer vanity and tub/shower combo. The partially finished basement offers a versatile space suitable for a family room or home office, and includes a half bath and laundry area with a new washer and dryer. Additional updates include a new hot water tank, new light fixtures, a new mailbox, rebuilt front porch and steps, and new privacy fencing/gates. The property includes a covered parking space and access to community amenities such as a pool, tennis court, and fitness room. Located in Ypsilanti, it offers convenient access to shopping, dining, Ann Arbor, and major highways. The property size is 1102 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$24.9k	$22.56
− Vacancy	−$1.2k	−$1.13
EGI	$23.6k	$21.43
− OpEx	−$10.6k	−$9.64
NOI	$13.0k	$11.79

1,102 SF · lease $22.56/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$185.6K

$162.4K – $216.5K (±1% cap)

NOI $12,990 @ 7.0% cap · market cap 6.53%

Second Best

—

no second resolved use

Theoretical Best

Office A

$323.8K

$283.3K – $377.8K (±1% cap)

NOI $22,666 @ 7.0% cap · market cap 11.39%

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

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Ypsilanti
County: Washtenaw
State: Michigan
Longitude: -83.6559175
Latitude: 42.2287152

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For sale
Residential income properties
MI
Ypsilanti
48197
2892 Roundtree Boulevard

What type of property is this?

Residential income property - Move-in ready condo with modern updates and community amenities.

Where is this residential income property located?

The property is located at 2892 Roundtree Boulevard Ypsilanti, MI.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: Move‑in ready condo with stylish updates throughout, including a **new kitchen with stainless steel appliances and updated bathrooms**.; Community amenities include a **pool, tennis court, and fitness room**.; Convenient Ypsilanti location with easy access to shopping, dining, Ann Arbor, and major highways.