514 Washtenaw Ave

Off Market

514 Washtenaw Ave

Ypsilanti MI 48197

0.19 ac.

Multi-Family

Last sold for $271,000

Tamara Vinson, last sold this property on 30 March 2026 after 286 days on market.

Overview

BEST AND FINAL OFFERS ARE DUE AT 12pm SUNDAY 2/08/2026This 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!

Features

0.19 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Ypsilanti over the last 12 months, the estimated median property value of 514 Washtenaw Ave is $340k.

Median value

$340k

Estimated value range

$165k - $810k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Ypsilanti. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 514 Washtenaw Ave

2026

Sold

$271,000

30 Mar 2026 by Tamara Vinson, of Beal Properties LLC

2017

Sold

$152,000

14 Dec 2017 by Thomas Stachler

Happy sellers in Ypsilanti

56%

56% of sellers in Ypsilanti reported that their sale price either exceeded or met their price expectations.

Ypsilanti stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Ypsilanti over the last 12 months.

Local market activity for multi families in Ypsilanti

In the last 12 months, 18 multi families similar to 514 Washtenaw Ave, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Ypsilanti for a market analysis.

Tammi Ebenhoeh

at Reinhart Realtors - East Ann Arbor

(179 reviews)

Get a market analysis

Elizabeth Duperon

at COLDWELL BANKER PROFESSIONALS

(4 reviews)

Get a market analysis

Marybeth Jamieson

at REMAX First | Chesterfield

(40 reviews)

Get a market analysis

Devin Fink

at KW Professionals Brighton

(32 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ypsilanti

Tammi Ebenhoeh

Sellers who recommend Tammi Ebenhoeh have praised them for being local expert, responsive, clear communication, supportive, great negotiation, reliable, and dedicated

5 (179 reviews)
1 Review in Ypsilanti
3 Sales in Ypsilanti

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Elizabeth Duperon

Elizabeth Duperon is a recommended agent for Ypsilanti. They have 2 local sales and collected 1 local review across the last 12 months.

5 (4 reviews)
1 Review in Ypsilanti
2 Sales in Ypsilanti

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Marybeth Jamieson

Sellers who recommend Marybeth Jamieson have praised them for being clear communication, local expert, responsive, empathetic, patient, detail-oriented, and trustworthy