$300,000

418 Pearl St Ypsilanti, MI 48197

$3,563
Closing credit¹
5 beds
3 full
1,495 sqft
0.1 acres
$201 / sqft
House

Property details

About 418 Pearl St

BACK ON THE MARKET AFTER PASSING ALL CONTINGENCIES--NO FAULT OF THE SELLER!This rare multigenerational home in the heart of Ypsilanti's vibrant downtown offers incredible flexibility! Featuring 5 bedrooms, 3 FULL bathrooms, 2 FULL kitchens, and 2 separate entrances, it can function as a DUPLEX, shared home, rental, or Airbnb. Previously rented for $3,100/month, this is an outstanding investment or owner-occupant opportunity.Located in Core Neighborhood (CN) zoning, the property allows for flexible residential or potential business use. Just a short walk to EMU and Depot Town, this home offers both convenience and charm. Recent updates include fresh paint and new stainless steel appliances.Vacant and move-in ready--don't miss this opportunity!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s)
Size1,495 sqft
BasementYes
Lot size0.14 Acres
Year built1884
ParkingAggregate, Concrete
MLS #81024061847

Summary

  • MLS Number: 81024061847
  • MLS Name: Greater Metropolitan Association of REALTORS
  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 769-3800
  • Listing Agent: Anh Le

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: 3/15/2025, 5:20:52 AM 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 facade featuring a porch and a front yard

$300,000

418 Pearl St

$3,563

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 04, 2022
Home Sold
$240,000
Sep 16, 2016
Home Sold
$134,000
Feb 09, 2009
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2024$103,400$4,687
2023$99,600$4,791
2022$85,200$4,791
2021$81,900$4,876
2020$79,900$-
2019$75,500$-
2018$66,600$4,354
2017$64,100$4,166

History based on county public records data.

Nearby schools

3

Ypsilanti International Elementary School

Public Magnet PK-5

1.0 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

1.8 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 $27,632. Typical income of Ypsilanti, MI residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

62%
<35k
30%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

89%
Single, No Kids
4%
Single, with Kids
5%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
72%
18-34 yrs old
20%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

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

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Frequently asked questions

About 418 Pearl St

This home is located at 418 Pearl St in Ypsilanti, MI and zip code 48197. This 1,495 square foot home, which was built in 1884, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $300,000.

Over 16 listings were sold over their listed price in February 2025 in Ypsilanti, MI. In the same period over 27 listings were sold below the listed price and 9 listings were sold for the listed price. The number of listings in Ypsilanti, MI increased by 5.1% between January and February 2025. In February 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $280,000.

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

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