#20251017966, Charise Hinton, Listing office: Hinton Real Estate Group
Property details
About 514 Washtenaw Ave
Historic duplex with strong cash flow in prime Ypsilanti location! This charming property features two income-producing units: a cozy 1-bedroom recently rented at $900/month, and a spacious 5-bedroom unit occupied by a long-term tenant receiving government assistance and paying $2,744/month. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total rent, this property is perfect for investors looking for 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!
Highlights
Home typeMulti Family
HeatingNatural Gas, Steam
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.19 Acres
Year built1870
ParkingConcrete
MLS #81025028764
Summary
- Basement: Yes
- Parking: Concrete
- Heating: Natural Gas, Steam
- Cooling: Window Unit(s)
- List Price: $310,000
- Directions: From I-94, take exit 183 for Huron St toward Ypsilanti. Head north on Huron St, then turn right onto Washtenaw Ave. Property will be on your left just past Hamilton St.
- Year Built: 1870
- Lot Size: 0.19 Acres
- MLS Number: 81025028764
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Beal Properties LLC, Real Estate One Inc
- Listing Agent: Deuntay Fields, Sydney Gonder
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Last updated on: 8/1/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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
1.0 mi
•503 Oak St
1
Estabrook Elementary School
Public District 2-5
1.0 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.
Neighborhood
The neighbors living near this home have an average income of $26,353. The most common annual income of people living in Ypsilanti, MI is less than $<35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
66%
<35k
20%
35k-100k
15%
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?
91%
Single, No Kids
4%
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?
3%
<11 yrs old
2%
12-17 yrs old
77%
18-34 yrs old
17%
35-64 yrs old
1%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Cicis Pizza
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 Washtenaw Ave
The listing price of 514 Washtenaw Ave property is $310,000.
The property 514 Washtenaw Ave is a multi located in Ypsilanti, Michigan, 48197.
Active Listing: 514 Washtenaw Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Washtenaw Ave are: Ypsilanti International Elementary School (GreatSchools Rating 3/10), Estabrook Elementary School (GreatSchools Rating 1/10), Holmes Elementary School (GreatSchools Rating 1/10), Washtenaw International Middle Academy (GreatSchools Rating 5/10), Ypsilanti Community Middle School (GreatSchools Rating 1/10), Fortis Academy (GreatSchools Rating 5/10), Washtenaw Alliance for Virtual Education (GreatSchools Rating 3/10), Early College Alliance (GreatSchools Rating 8/10), Washtenaw International High School (GreatSchools Rating 8/10).
The year of construction for 514 Washtenaw Ave is 1870.
This home is located at 514 Washtenaw Ave in Ypsilanti, MI and zip code 48197. Features: 0 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $310,000.
Ypsilanti, MI housing market in June 2025 saw over 33 listings sold above listed price, more than 5 sold at listed price and over 18 sold below. The inventory of homes for sale in Ypsilanti, MI between May and June 2025 increased by 7.7%. In June 2025 median list price was $284,250 and the average listing age was 20 days.
From Rocket Homes Real Estate and based on county public records data.