810 Young Street
Ypsilanti, MI 48198
Multi Family · MLS # 81026034057 · Listing courtesy of Beal Properties LLC
About this home
**Price Reduced!! Seller motivated and looking for a quick sale!!** Excellent opportunity for buyers seeking great value. Solid income producing duplex in Ypsilanti. Built in 1965 and sitting on a .25-acre lot, this property features two 2 bedroom, 1 bath units (800 sq ft each) with a newer roof. Both units are currently occupied and generating a combined $2,707/month ($32,484/year) in gross rents. Minutes from Eastern Michigan University, downtown Ypsilanti, and easy access to US-23 and I-94, this location offers consistent rental demand from students and families alike. A great addition to any investment portfolio, or an ideal house hack opportunity.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ypsilanti
Over the last 90 days, 215 homes sold in Ypsilanti for a median of $300,000, about $182 per square foot, and the typical one went under contract in 15 days. This home is listed at $229,000, and has been on the market 58 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ypsilanti sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $8,968 a year. A buyer who lives here would pay about $8,554 a year once the taxable value resets after the sale, at the 2025 homestead rate of 63.29 mills for Ypsilanti City and Ypsilanti schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Ypsilanti
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