$2,968

closing credit¹

418 Olive St Ypsilanti, MI 48197

$249,900
0.07 acres
Multi-Family

Property details

About 418 Olive St

Great duplex in Ypsilanti fully rented. One-2 bedroom unit and one-3 bedroom unit.2 bedroom unit has laundry and access to basement. Off street parking. Newer windows and newer roof. Landlord pays utilities. Fully leased until August 2025. Unit 1 rent is $1,400/mo. & Unit 2 rent is $1,100/mon. Conveniently located within walking distance to EMU and near Depot Town.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Active Contingent)
BasementYes
Lot size0.07 Acres
Year built1901
ParkingGravel
MLS #81024064069

Summary

  • MLS Number: 81024064069
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 971-6070
  • Listing Agent: Richard Jarzembowski

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$249,900

418 Olive St

$2,968

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
May 03, 2005
Home Sold
$150,000
Nov 16, 1995
Home Sold
$71,000

Tax history

YearAssessmentProperty Tax
2024$87,700$3,855
2023$88,800$3,981
2022$81,000$3,981
2021$74,300$3,994
2020$69,200$-
2019$62,100$-
2018$57,500$3,587
2017$55,200$3,513

History based on county public records data.

Nearby schools

3

Ypsilanti International Elementary School

Public Magnet PK-5

0.9 mi

503 Oak St

1

Estabrook Elementary School

Public District 2-5

1.1 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,745. The majority of Ypsilanti, MI residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

60%
<35k
39%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

92%
Single, No Kids
3%
Single, with Kids
4%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
1%
12-17 yrs old
83%
18-34 yrs old
13%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 418 Olive St in Ypsilanti, MI and zip code 48197. Features: 0 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $249,900.

In January 2025 more than 12 listings in Ypsilanti, MI were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 24 were sold below. The number of listings in Ypsilanti, MI increased by 1.2% between December and January 2025. In January 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $280,918.

From Rocket Homes Real Estate and based on county public records data.

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