615 Pearl Street Ypsilanti, MI $ 549,000
615 Pearl Street
$ 549,000
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615 Pearl Street

Ypsilanti, MI, 48197
$ 549,000
Baths7.0

Monthly Estimate*

$ 3,466

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $549,000 with 7 full baths. This home was built in 1880 on a lot size of 0.3.

Popular 7 unit campus property with great parking. Unit 1- 1 bedroom 1 bath $855/month includes $60 for water and gas. Leased until 8/17/27. Unit 2- 1 bedroom 1 bath $765/month includes $50 for water and gas. Leased until 8/1/27. Unit 3 - 1 bedroom 1 bath $845/month includes $50 for water and gas. Leased until 8/14/27. Unit 4- 1 bedroom 1 bath $790/month includes $50 for water and gas and $25 pet fee. Leased until 8/2/27. Unit 5 - 2 bedroom 1 bath $1,125/month includes $50 for water and gas and $30 pet fee. Leased until 8/11/27. Unit 6 - 2 bedroom 1 bath $995/month includes $50 for water and gas. Leased until 8/21/27. Unit 7 - 2 bedroom 1 bath $1,055/month includes $50 for water and gas. Leased Until 8/1/27. Rent $6340/month, $77,160/year. Boiler replaced in 2024. Roof and windows were replaced in 2022.

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Multi-Family Active

Price

$ 549,000

Bedrooms

Studio

Full Bath

7

Property Type

Multi-Family

Taxes

$ 14,630

Style

5+ Units

Lot Size

0.3

Year Built

1880

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

26042175

Features
General
Sewer Public Sewer
Heating Hot Water
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Subject To Tenant Rights
Construction Materials Wood Siding
Year Built 1880
Tenant Pays Electric Water Trash Sewer Gas
Township Ypsilanti City
Property Subtype 5+ Units
Tax Year 2026
Ownership Private Owned
County Washtenaw
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions N Normal St to Pearl St
City Ypsilanti
High School District Ypsilanti
Zoning Description CN
Number Of Units Total 7
Lot Size Units Acres
Lot Size Square Feet 12981.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 14630.43
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 173928
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.
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 7
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Exterior
Parking Features Aggregate Driveway
Total Parking 12.0
Lot Size Area 0.3
Number of Buildings 1
Spa N
Lot Dimensions 66x194
Lot Size Acres 0.3
Road Surface Type Paved
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 1 615
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* Excluded Features
List By
The Charles Reinhart Company

Broker

ERidha@ReinhartRealtors.com

Email

Affordability Calculator

$4,686
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,466
Monthly Property Taxes
$1,219
Monthly 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
4209139 Elementary School
4209138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$549,000 Listed Price

Map


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615 Pearl Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $549,000 with a lot size of 0.3. 615 Pearl Street is a studio with 7.0 baths and was built in 1880. The property's zip code is 48197 which is in Ypsilanti, MI