506 N Miami Avenue, Ypsilanti, MI 48198
$1,250,000
Property Type: Multi Family Lot Size (sq. ft.): 31,363 Status: Active
Current Price: $1,250,000 List Date: 5/26/2026 Last Modified: 6/05/2026
Overview
Listing Details MLS# 26024664
Location Property Info
- County
- Washtenaw
- Street #
- 506
- Street Direction
- N
- Street Name
- Miami
- Suffix
- Avenue
- State
- MI
- Zip Code
- 48198
- Zip (4)
- 4039
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 31363
- Lot Acres
- 0.72
- Lot Dimensions
- 208 x 199 x 129 x 96 x 73 x107
- Year Built
- 1964
- New Construction
- No
- Road Frontage
- 180
- Total # Units
- 13
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 8117
- Total Parking Spaces
- 25
- Waterfront
- No
- School District
- Willow Run
- Basement
- No
Tax Info
- Tax ID #
- K-11-03-483-002
- Taxable Value
- 197965
- SEV
- 409800
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 13314
- Tax Year
- 2025
- Homestead %
- 0
- Spec Assessment & Ty
- No
Remarks Misc
- 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 upside through operational improvements and future rent growth. Also available is an attached tenant-occupied 3-bedroom single-family home featuring a desirable 3-car garage.
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit Description
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit Description
- 2
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- 3
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit Description
- 4
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit Description
- 5
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 6
- Unit Description
- 6
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 7
- Unit Description
- 7
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 8
- Unit Description
- 8
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 9
- Unit Description
- 9
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 10
- Unit Description
- 10
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 11
- Unit Description
- 11
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 12
- Unit Description
- 12
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- E Forest and N Harris
- Property Sub-Type
- 5+ Units
- Municipality
- Ypsilanti Twp
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 154
Remarks & Misc
- Legal
- 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, TH N 1-51-20 E 100 FT TO POB TOWNSENDS SUBDIVISION
Util Avail at Street
- Cable Available
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Brick
- Yes
Heat Source
- Electric
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Radiant
- Yes
Tenant Pays
- Electric
- Yes
Substructure
- Crawl Space
- Yes
Owner Pays
- Water
- Yes
Property Features
Exterior Material: Brick Substructure: Crawl Space Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected Util Avail at Street: Cable Available Owner Pays: Water Tenant Pays: Electric Heat Source: Electric Heat Type: Radiant Terms Available: Cash; Conventional Sale Conditions: None
Listing Office: Beal Properties LLC
Listing Agent: Michael Slater
Last Updated: June - 05 - 2026
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