#81025006663, C. Breed, Charlotte Pierson, Listing Office: C. Hedger Breed
311 Washtenaw Ave Ypsilanti, MI 48197
Property details
About 311 Washtenaw Ave
This Ypsilanti duplex features a 2 bedroom main level unit and a 1 bedroom upper unit. Tenants pay gas and electric. Each unit has its own furnace & water heater. Shared driveway. Currently rented at below market rents. Unit 1 rent is $700/month and Unit 2 rent is $850/month. Landlord pays water, taxes, and insurance. Total annual expenses $6,411; gross operating income $18,600; net operating income $12,189. Great proximity to downtown Ypsilanti, EMU and Depot Town. Showings begin Saturday, April 12th.
Highlights
Summary
- MLS Number: 81025013236
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: The Charles Reinhart Company
- Office Phone: (734) 971-6070
- Listing Agent: Richard Jarzembowski
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Last updated on: 4/9/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$195,000
311 Washtenaw Ave
$2,316
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Ypsilanti International Elementary School
Public Magnet PK-5
0.8 mi
•503 Oak St
1
Estabrook Elementary School
Public District 2-5
1.2 mi
•1555 W Cross St
1
Holmes Elementary School
Public District 2-5
1.7 mi
•1255 Holmes Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,632. Residents of Ypsilanti, MI typically earn less than $<35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 311 Washtenaw Ave in Ypsilanti, MI and zip code 48197. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $195,000.
In March 2025, from all listings sold in Ypsilanti, MI there were more than 25 sold above asking price, over 21 sold below and more than 4 were sold right at the asked price. In March 2025 in Ypsilanti, MI there were 24.5% more homes for sale than in February. In March 2025 median list price was $280,047 and the average listing age was 28 days.