LKV Realty
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$295,000
$1,400Reward *
514 Washtenaw Avenue, Ypsilanti, MI 48197Listing ID 25028764

514 Washtenaw Avenue, Ypsilanti, MI 48197

Active
Ann Arbor/Washtenaw - A
Time on site: 427 daysLast updated: Nov 10, 2025
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
2 to 4 Units
Acres
Acres
0.19
Days on Site
Days on Site
426
Cooling
Cooling
Window Unit(s)
Heating
Heating
Steam
Year Built
Year Built
1870
Parking
Parking
Concrete

This charming property features two income-producing units: one vacant and one occupied. The occupied unit is a spacious 5-bedroom home rented to a long-term tenant receiving government assistance and paying $2,744/month. The vacant unit is a cozy 1-bedroom previously rented for $900/month, offering great potential for an owner-occupant or new tenant. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total potential rent, this property is perfect for investors seeking both stability and upside. Just minutes from EMU, Downtown Ypsi, and Depot Town — a rare opportunity to own a character-rich, high-yield property in a growing market!

Property Information

Property Details

Location

Address
514 Washtenaw Avenue
County
Washtenaw
City
Ypsilanti
Zip Code
48197
Subdivision
Ann Arbor/Washtenaw - A
School District
Ypsilanti
MLS Area
Ann Arbor/Washtenaw - A

Interior Features

Other Rooms

Laundry Features
In Basement

Building

Building Information

Year Built
1870
Construction
Vinyl Siding

Property Taxes

Tax Annual Amount
$7,962
Tax Year
2024
Deuntay FieldsBeal Properties LLC, (734) 662-6133

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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