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Corner Lot Near Eastern Michigan
For Sale
$80,000

515 N WASHINGTON St, Ypsilanti, MI 48197

Rare corner lot near EMU and Depot Town in Ypsilanti.

Property SizeContact for details
Days on Market118

Property Features for 515 N WASHINGTON St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $4,628
Listing Agency:
Listed By: Oraibe E Breadiy
Source: Elliman
Added: Apr 26 Changed: Aug 8 Last Checked: Jul 16 at 11:49AM

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 Oraibe E Breadiy

Investment Insights

Based on property information with market context.

This corner lot in Ypsilanti is located within walking distance of Eastern Michigan University and Depot Town. The location provides close proximity to restaurants, parks, and local amenities. Demand for new construction in this area is high. According to city records, this property carries a historic designation. The existing structure is not habitable. The property is sold as-is, representing a land value opportunity. The bike score is 66, indicating it is bikeable. The walk score is 91, designating it as a walker's paradise. The transit score is 57, indicating good transit.

Key Highlights

  • Prime location: Walker's Paradise with an impressive walk score of 91.
  • Corner lot in desirable Ypsilanti location.
  • Walking distance to Eastern Michigan University and Depot Town.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,270
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare corner lot near EMU and Depot Town in Ypsilanti.
Where is this residential land & home lot located?
The property is located at 515 N WASHINGTON St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Prime location: Walker's Paradise with an impressive walk score of 91.; Corner lot in desirable Ypsilanti location.; Walking distance to Eastern Michigan University and Depot Town.
More about this property
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