615 Pearl Street, Ypsilanti, MI 48197
New Listing $2,499,000
Property Type: Multi Family Lot Size (sq. ft.): 12,981 Status: Active
Current Price: $2,499,000 List Date: 8/19/2026 Last Modified: 8/20/2026
Overview
Description
Listing Details MLS# 26043660
Location Property Info
- County
- Washtenaw
- Street #
- 615
- Street Name
- Pearl
- Suffix
- Street
- State
- MI
- Zip Code
- 48197
- Zip (4)
- 2634
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 12981
- Lot Acres
- 0.3
- Lot Dimensions
- 66x194
- Year Built
- 1880
- New Construction
- No
- Financial Available
- No
- Financial Comments
- No seller financing
- Road Frontage
- 66
- Total # Bldgs
- 7
- Total Parking Spaces
- 12
- Waterfront
- No
- School District
- Ypsilanti
- Association YN
- No
- Basement
- Yes
- Total # Units
- 0
- # of Diff Unit Floor Plans
- 0
Tax Info
- Tax ID #
- 11-11-40-464-012
- Taxable Value
- 173928
- SEV
- 264500
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 14630.43
- Tax Year
- 2026
- Spec Assessment & Ty
- none
- Zoning
- CN
- Homestead %
- 0
Remarks Misc
- Directions
- N Normal St to Pearl St.
Access Feat
- Accessibility Features
- No
More Information
Location & Property Info
- Cross Streets
- N Normal St and Pearl St
- Property Sub-Type
- 5+ Units
- Municipality
- Ypsilanti Twp
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- Special investment opportunity at the steps of the Eastern Michigan University campus. This is group 2 of two 7 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 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.
- Legal
- *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.
Street Type
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Shingle Siding
- Yes
- Vinyl Siding
- Yes
- Other
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
- Hot Water
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
Substructure
- Crawl Space
- Yes
- Full
- Yes
Owner Pays
- None
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Exterior Material: Shingle Siding; Vinyl Siding; Other Substructure: Crawl Space; Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air; Hot Water Street Type: Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
Listing Office: The Charles Reinhart Company
Listing Agent: Ayad Ridha
Last Updated: August - 20 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
