506 N Miami Avenue Ypsilanti, MI ^$ 1,250,000

506 N Miami Avenue

^$ 1,250,000

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Recently Listed

506 N Miami Avenue

Ypsilanti, MI, 48198

^$ 1,250,000

Studio Baths0.0 Sq 8,117

Monthly Estimate*

^$ 7,696

506 N Miami Avenue, Ypsilanti, MI 48198 - Image 1

Studio

Multi-Family Home for sale in Ypsilanti, MI

for $1,250,000. This 8,117 square foot home was built in 1964 on a lot size of 0.72.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 13,314

Style

Lot Size

0.72

Year Built

1964

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

70534353

Features

General

Heating Radiant

Status Active Active

Year Built 1964

County Washtenaw

Class MULTIFAMILY

Type Multi-Family

Municipality Ypsilanti Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Ypsilanti Twp (81020)

Primary City Ypsilanti

Directions This 13-unit apartment building presents a rare value-add investment opportunity in Ypsilanti Township. The property offers a strong mix of rental units with immediate income potential and additional

City Ypsilanti

Financial Terms Cash Conventional

Legal Description YP#99-120A LOTS 120 - 123 INCL. ALSO THAT PART OF LOTS 126 & 127 DESC AS:BEG ATNW COR LOT 127 TH S 88-3 E 69.29 FT TH S 2-24 W 75 FT TH N 88-3 W 25 FT TH S 2-24 W 25 FT TH N 88-3 W 43.34 FT

DOM 1

Postal Code 48198

Price Per Sq Ft Total AG 154

Exterior

Exterior Brick

Frontage 180

Lot Size Area 0.72

Lot Dimensions 208 x 199 x 129 x 96 x 73

Waterfront Y/N No

Interior

Total Number of Units 13

Fuel Type Electric

* Excluded Features

List By

Michael Slater

Listing Agent

Beal Properties Llc

Broker

MikeSlater78@GMail.com

Affordability Calculator

$8,806

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: $1,110
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ypsilanti, MI

Average List Price ^$426,852

Percent of Sale Price 66%

About Ypsilanti, MI

20,639 Population

-8% Since 2002

^$38,265 Median Income

27.51 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$1,250,000		Listed Price

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506 N Miami Avenue, Ypsilanti, MI, 48198 is a Multi-Family Home for sale at $1,250,000 with 8,117 sqft and a lot size of 0.72. 506 N Miami Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 48198 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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506 N Miami Avenue

Multi-Family Home for sale in Ypsilanti, MI

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