LKV Realty
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$495,000
$2,400Reward *
124 N Summit Street, Ypsilanti, MI 48197Listing ID 26042161

124 N Summit Street, Ypsilanti, MI 48197

Active
Time on site: 5 daysLast updated: 4 days ago
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
2 to 4 Units
Bathrooms
Bathrooms
4
Acres
Acres
0.21
Days on Site
Days on Site
4
Heating
Heating
Baseboard, Hot Water
Year Built
Year Built
1890
Parking
Parking
Asphalt, Concrete

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Lease to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Lease to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month, $62,700/year. Roof replaced in 2016.

Property Information

Property Details

Location

Address
124 N Summit Street
County
Washtenaw
City
Ypsilanti
Zip Code
48197
School District
Ypsilanti

Interior Features

Other Rooms

Laundry Features
Common Area

Building

Building Information

Year Built
1890
Construction
Vinyl Siding

Property Taxes

Tax Annual Amount
$8,821
Tax Year
2026
Ayad RidhaThe Charles Reinhart Company, (734) 971-6070

Market Report for 48197

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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