360 1st Avenue Ypsilanti, MI ^$ 175,000

360 1st Avenue

^$ 175,000

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Recently Listed

360 1st Avenue

Ypsilanti, MI, 48197

^$ 175,000

Studio Baths4.0 Sq 2,874

Monthly Estimate*

^$ 1,105

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $175,000 with 4 full baths. This 2,874 square foot home was built in 1889 on a lot size of 0.45.

**Investor Special!** Value-add multi-family opportunity featuring **6 units**--**4 studio apartments** and **2 two-bedroom apartments**. This property requires a full renovation and is perfect for investors looking to build equity and maximize cash flow. Conveniently located near EMU, shopping, dining, and major expressways. Bring your vision and unlock this property's potential!

Multi-Family Active

Price

^$ 175,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,869

Style

Colonial

Lot Size

0.45

Year Built

1889

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

61014154

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1889

Subdivision Bartholomews Add MI

Style Colonial

County Washtenaw

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Ypsilanti

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Area Ypsilanti (81033)

Primary City Ypsilanti

Directions SB on Michigan Avenue to 1st Avenue. Home is located on the right side of the street.

City Ypsilanti

School District Ypsilanti Public School District

Financial Terms Cash Conventional

Legal Description *OLD SID - 11 11-120-122-00 YP CITY 14W-39 N 13 FT OF LOT 121 AND ALL OF LOT 122 AND S 21 FT OF LOT 125 BARTHOLOMEW'S ADDITION

DOM 3

Postal Code 48197

Price Per Sq Ft Total AG 60.89

Public Remarks

Interior

Basement Stone

Fireplace? No

Total Number of Units 6

Fuel Type Natural Gas

Exterior

Exterior Other

Lot Size Area 0.45

Lot Dimensions 103x197

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Lashawn Peterson

Listing Agent

Exp Realty Main

Broker

teampetersonjackson@gmail.com

Affordability Calculator

$1,511

Per Month

Monthly Principal & Interest: $1,105
Monthly Property Taxes: $406
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$417,685

Percent of Sale Price 139%

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.

1367115 Elementary School

1367113 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/23/2026	$175,000		Listed Price

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360 1st Avenue, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $175,000 with 2,874 sqft and a lot size of 0.45. 360 1st Avenue is a studio with 4.0 baths and was built in 1889. The property's zip code is 48197 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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360 1st Avenue

Multi-Family Home for sale in Ypsilanti, MI

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