125 N Summit Street, Ypsilanti, MI 48197

New Listing
$339,000
Property Type: Multi Family Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $339,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Overview

Description

Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.

Listing Details MLS# 26014509

Location Property Info

County
Washtenaw
Street #
125
Street Direction
N
Street Name
Summit
Suffix
Street
State
MI
Zip Code
48197
Zip (4)
3087

General Property Info

Lot Measurement
Acres
Lot Square Footage
10019
Lot Acres
0.23
Lot Dimensions
66x152
Year Built
1864
New Construction
No
Road Frontage
66
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Parking Spaces
7
Waterfront
No
School District
Ypsilanti
Basement
Yes

Tax Info

Tax ID #
11-11-40-163-022
Taxable Value
115098
SEV
184900
For Tax Year
2026
Seller's Annual Property Tax
9201.97
Tax Year
2025
Spec Assessment & Ty
no
Homestead %
0

Access Feat

Accessibility Features
No

Unit 1

Unit #
Yes
Unit Description
3 bedroom 1 bath
Monthly Rent
1345
Bathrooms
Yes
Full Baths
Yes
Dishwasher
Yes
Range Oven
Yes
Refrigerator
Yes

More Information

Unit 2

Unit #
2
Unit Description
1 bedroom 1 bath
Monthly Rent
895
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
2 bedroom 1 bath
Monthly Rent
945
Bathrooms
Yes
Full Baths
Yes
Dishwasher
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Washtenaw Ave and Summit St
Property Sub-Type
2 to 4 Units
Municipality
Ypsilanti City
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.
Legal
*OLD SID - 11 11-175-061-00 YP CITY 21W-86 LOT 61 CROSS & BAGLEY'S ADDITION.

Street Type

Public
Yes

Util Avail at Street

Cable Available
Yes

Utilities Attached

Cable Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Exterior Material

Vinyl Siding
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Substructure

Partial
Yes

Extras

Garages
Yes

Owner Pays

None
Yes

Possession

Subject To Tenant Rights
Yes

Property Features

Exterior Material: Vinyl Siding Substructure: Partial Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected Util Avail at Street: Cable Available Extras: Garages Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Water Heat Source: Natural Gas Heat Type: Forced Air Street Type: Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Dishwasher; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Dishwasher; Refrigerator
Listing Office: The Charles Reinhart Company
Listing Agent: Ayad Ridha
IDX
Source MLS Verified
Last Updated: April - 09 - 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.