206 S Huron Street Ypsilanti, MI $ 475,000
206 S Huron Street
$ 475,000
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206 S Huron Street

Ypsilanti, MI, 48197
$ 475,000
Bedrooms-- Baths9.0

Monthly Estimate*

$ 3,281

206 S Huron Street, Ypsilanti, MI 48197 - Image 1
206 S Huron Street, Ypsilanti, MI 48197 - Image 2
206 S Huron Street, Ypsilanti, MI 48197 - Image 3
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206 S Huron Street, Ypsilanti, MI 48197 - Image 5
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206 S Huron Street, Ypsilanti, MI 48197 - Image 8
206 S Huron Street, Ypsilanti, MI 48197 - Image 9
206 S Huron Street, Ypsilanti, MI 48197 - Image 10

Multi-Family Home for sale in Ypsilanti, MI

for $475,000 with 9 full baths. This home was built in 1873 on a lot size of 0.26.

Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and area amenities. Financial information and leases available for review. Buyer/Buyer's Agent to independently verify unit configurations, property information, income, expenses and future property taxes.

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Multi-Family Active

Price

$ 475,000

Full Bath

9

Property Type

Multi-Family

Taxes

$ 11,172

Style

2 to 4 Units

Lot Size

0.26

Year Built

1873

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

26053240

Features
General
Sewer Public Sewer
Heating Forced Air Hot Water Radiant
Utilities Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Construction Materials Stone Wood Siding
Year Built 1873
Tenant Pays Electric Water Gas
Township Ypsilanti City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
Gross Income 75180.0
County Washtenaw
Net Operating Income 33398.0
Operating Expense 46203.0
Insurance Expense 3947.0
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Ypsilanti
High School District Ypsilanti
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 11326.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 11172.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 139733
Legal Description REWRITE PER W.D. L2099 P426 YP CITY 2-W219 S 1/2 OF LOTS 144 & 145 AND E 1/2 OF THE S 1/2 OF LOT 143 ALSO THE E 15 FT OF THE S 1/2 OF THE WEST 1/2 OF LOT 143 ORIGINAL PLAT.
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 9
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Exterior
Parking Features Driveway Gravel
Total Parking 5.0
Lot Size Area 0.26
Number of Buildings 1
Spa N
Lot Dimensions 74 x 165
Lot Size Acres 0.26
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 206
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* Excluded Features
List By
Real Estate One Inc

Broker

Brian@BestHomesInAnnArbor.com

Email

Affordability Calculator

$4,212
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$931
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4209139 Elementary School
4209138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$475,000 Listed Price

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206 S Huron Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $475,000 with a lot size of 0.26. 206 S Huron Street has 9.0 baths and was built in 1873. The property's zip code is 48197 which is in Ypsilanti, MI