615 Pearl Street Ypsilanti, MI ^$ 2,499,000

615 Pearl Street

^$ 2,499,000

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Recently Listed

615 Pearl Street

Ypsilanti, MI, 48197

^$ 2,499,000

Studio Baths0.0

Monthly Estimate*

^$ 15,779

615 Pearl Street, Ypsilanti, MI 48197 - Image 1

615 Pearl Street, Ypsilanti, MI 48197 - Image 2

615 Pearl Street, Ypsilanti, MI 48197 - Image 3

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615 Pearl Street, Ypsilanti, MI 48197 - Image 6

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $2,499,000. This home was built in 1880 on a lot size of 0.3.

Special investment opportunity at the steps of the Eastern Michigan University campus. This is group 2 of 2 seven property packages - 615 Pearl St, 351 S Mansfield St, 212 N Summit St, 125 N Summit St, 124 N Summit St, 116 N Summit St, 106 N Summit St. Gross rent for these 7 properties is $355,820 for the 2026-27 school year. For specific property information, refer to the individually listed properties. These are well kept properties and opportunities like this are rare. No seller financing. Contact listing agent with any question.

Multi-Family Active

Price

^$ 2,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 14,630

Style

Lot Size

0.3

Year Built

1880

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

70553333

Features

General

Heating Forced Air Hot Water

Status Active Active

Year Built 1880

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 N Normal St to Pearl St.

City Ypsilanti

School District Ypsilanti Public School District

Financial Terms Cash Conventional

Legal Description *OLD SID - 11 11-625-035-00 YP CITY 52W-51 N 8/18 OF LOT 4 CROSS & BAGLEY'S ADDITION AND LOT 35& W 4 FT OF LOT 36 STUCKS ADDITION OWNED AND OCCUPIED AS ONE PARCEL.

DOM 1

Postal Code 48197

Public Remarks Special investment opportunity at the steps of the Eastern Michigan University campus. This is group 2 of 2 seven property packages - 615 Pearl St 351 S Mansfield St 212 N Summit St 125 N Summit St

Exterior

Exterior Other Vinyl Siding

Frontage 66

Lot Size Area 0.3

Lot Dimensions 66x194

Roads City/County

Waterfront Y/N No

Interior

Total Number of Units 0

Fuel Type Natural Gas

* Excluded Features

List By

Ayad Ridha

Listing Agent

The Charles Reinhart Company

Broker

ERidha@ReinhartRealtors.com

Affordability Calculator

$16,998

Per Month

Monthly Principal & Interest: $15,779
Monthly Property Taxes: $1,219
Monthly Home Insurance: --

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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 ^$512,164

Percent of Sale Price 80%

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
8/19/2026	$2,499,000		Listed Price

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615 Pearl Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $2,499,000 with a lot size of 0.3. 615 Pearl Street is a studio with 0.0 baths and was built in 1880. 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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615 Pearl Street

Multi-Family Home for sale in Ypsilanti, MI

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