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Historic Triplex
New
For Sale
$357,000

412 N Washington, Ypsilanti, MI 48197

Three-unit property near local shops in Ypsilanti’s historic district.

Property SizeContact for details
Days on Market7

Property Features for 412 N Washington

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,429

Building Details

Year Built 1860
Buildings 1
Units 3
Listing Agency: Beal Properties LLC
Listed By: Andre Ameye
Source: Eliterealtymi
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 11 at 2:47PM

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 Beal Properties LLC

Investment Insights

Based on property information with market context.

This three-unit residential property dates to 1860 and is located within Ypsilanti’s historic district. The building is described as well maintained, with professionally maintained units and comfortable living areas.

The property is positioned at 412 N Washington in Ypsilanti, within walking distance of local shops, including Ace Hardware. Its three-unit configuration supports a multifamily ownership structure, with the option to occupy one unit while renting the others, subject to applicable requirements.

Key Highlights

  • Three‑unit residential property
  • Built in 1860
  • Located in Ypsilanti’s historic district

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Daycare Center Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property near local shops in Ypsilanti’s historic district.
Where is this triplex located?
The property is located at 412 N Washington Ypsilanti, MI.
What is the asking price?
The asking price for this property is $357,000.
What are key features of this property?
This property features: Three‑unit residential property; Built in 1860; Located in Ypsilanti’s historic district
More about this property
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