3-Unit Apartment
For Sale
$312,000
518 W Michigan Avenue, Ypsilanti, MI 48197
Multi Family, Ypsilanti, MI
Property SizeContact for details
Lot Size0.12 Acres
Days on Market52
Property Features for 518 W Michigan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Basement, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 3
Parking
2
Basement
Crawl Space
Elementary school district
Ypsilanti
Middle school district
Ypsilanti
High school district
Ypsilanti
Standard status
Active
APN
11-11-40-463-038
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
*OLD SID - 11 11-060-064-00 YP CITY 10W-61 LOT 64 ASSESSOR'S PLAT NUMBER 10. 518 W MICHIGAN
Tax Annual Amount
7537
Legal Description
*OLD SID - 11 11-060-064-00 YP CITY 10W-61 LOT 64 ASSESSOR'S PLAT NUMBER 10. 518 W MICHIGAN
Utilities
Heating system
Forced Air
Building Details
Year built
1893
Number of units
3
Building materials
Vinyl Siding
Listing Agency:
Beal Properties LLC
(734) 662-6133
Listed By:
Andre Kingston
(810) 292-5176
Added: Jul 8
Changed: Aug 26
Last Checked: Aug 28 at 4:06AM
MLS# 26034687
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Investment Insights
Based on property information with market context.
This 3-unit residential property occupies a 0.12-acre lot and includes three bedrooms, three bathrooms, and a basement. The building was constructed in 1893, features vinyl siding, and is served by forced-air heating. On-site parking is also provided.
Located at 518 W Michigan Avenue in Ypsilanti, the property is near the university and downtown, with city transit, businesses, and food services in the surrounding area. Its three-unit configuration supports multifamily residential use in an established city setting.
Located at 518 W Michigan Avenue in Ypsilanti, the property is near the university and downtown, with city transit, businesses, and food services in the surrounding area. Its three-unit configuration supports multifamily residential use in an established city setting.
Key Highlights
- 3‑unit residential property on a 0.12‑acre lot
- Built in 1893 with vinyl siding
- Three bedrooms and three bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units with a basement, parking, forced-air heat, and access to nearby university, downtown, transit, dining, and services.
Where is this triplex located?
The property is located at 518 W Michigan Avenue Ypsilanti, MI.
What is the asking price?
The asking price for this property is $312,000.
What are key features of this property?
This property features: 3‑unit residential property on a 0.12‑acre lot; Built in 1893 with vinyl siding; Three bedrooms and three bathrooms
