For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Updated Condo in Rosewood Village Title is generated by Realmo AI

    3174 Primrose Lane, Ypsilanti, MI 48197

    View on Map
    Claim this Listing
    For Sale
    $279,900

    Condo with updated decor, wood floors, and community pool.

    Type:Condo/Townhome
    Property size:
    1,193 SF
    Price / SF:
    $234/SF
    Added:
    Mar 24, 2026
    Days on Market:
    79
    Last Refresh:
    Apr 6 at 12:31 am

    Property Features for 3174 Primrose Lane

    General Information

    Standard status
    Active
    Size
    1,193 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Matthew Dejanovich

    Listing agent Matthew Dejanovich License #6501232962

    Listing office Real Estate One

    Listing date Mar 24, 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 Real Estate One

    HighLights

    • Ann Arbor Schools
    • Enjoy the underground pool
    • Open concept kitchen with painted cabinets and butcher block counter tops
    • Wood flooring throughout the main living area and bedrooms
    • Spacious primary bedroom suite with vaulted ceiling, walk‑in closet, and attached bath
    • Great Room with vaulted ceiling and fireplace

    Overview

    Located in Rosewood Village, this condominium features wood flooring throughout the main living area and bedrooms. The great room includes a vaulted ceiling and fireplace. The open-concept kitchen features painted cabinets and butcher block countertops. The primary bedroom suite has a vaulted ceiling, walk-in closet, and attached bath. A second bedroom also includes an attached bath. The unit has direct access to a one-car garage. The complex includes a clubhouse and an underground pool. The property size is 1193 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $26.9k $22.56
    − Vacancy −$1.3k −$1.13
    EGI $25.6k $21.43
    − OpEx −$11.5k −$9.64
    NOI $14.1k $11.79
    1,193 SF · lease $22.56/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $200.9K
    $175.8K – $234.4K (±1% cap)
    NOI $14,063 @ 7.0% cap · market cap 5.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $350.5K
    $306.7K – $409.0K (±1% cap)
    NOI $24,538 @ 7.0% cap · market cap 8.77%
    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

    Real Estate Agency Law Firm Restaurant Dental Office Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom Department Store Food Market Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6952013
    Latitude
    42.195731

    FAQs

    What type of property is this?
    Residential income property - Condo with updated decor, wood floors, and community pool.
    Where is this residential income property located?
    The property is located at 3174 Primrose Lane Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Ann Arbor Schools; Enjoy the **underground pool**; **Open concept kitchen** with painted cabinets and butcher block counter tops
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message