Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
1,092
Lot Size (sq. ft.):
5,663
Status:
Sold
Current Price:
$179,900
List Date:
9/03/2025
Last Modified:
12/01/2025
485 Jefferson Street, Ypsilanti, MI 48197
$179,900
Description
Unlock a valuable investment opportunity at 485 Jefferson Street, a 3-bedroom, 1-bathroom home! This well-maintained property generates immediate rental income, making it a smart choice for investors or those seeking a hassle-free rental venture. The home features a practical layout with sufficient space for comfortable living, ideal for tenants or future owners. With its existing tenancy and strong income potential, 485 Jefferson Street is a low-maintenance, high-return addition to any real estate portfolio. Don't miss this income-producing opportunity! No showings without an accepted offer. This property is currently rented at $1850 per month with a lease thru May 2026.
More Information MLS# 25045076
Location & Property Info
Cross Streets: Michigan Ave and Hamilton St
Property Sub-Type: Single Family Residence
Municipality: Ypsilanti Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 164.74
Ownership Type: Broker/Agent Owned
General Property Info
New Construction: No
Lot Dimensions: 50X113
Road Frontage: 50
Garage Y/N: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 1092
SqFt Above Grade: 1092
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 700
Building Total SqFt: 1792
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Year Built: 1983
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 79339
SEV: 93900
For Tax Year: 2024
Seller's Annual Property Tax: 6103
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: .
Tax ID #: 11-11-37-156-003
Remarks & Misc
Public Remarks: Unlock a valuable investment opportunity at 485 Jefferson Street, a 3-bedroom, 1-bathroom home! This well-maintained property generates immediate rental income, making it a smart choice for investors or those seeking a hassle-free rental venture. The home features a practical layout with sufficient space for comfortable living, ideal for tenants or future owners. With its existing tenancy and strong income potential, 485 Jefferson Street is a low-maintenance, high-return addition to any real estate portfolio. Don't miss this income-producing opportunity! No showings without an accepted offer. This property is currently rented at $1850 per month with a lease thru May 2026.
Legal: *OLD SID - 11 11-475-128-00 YP CITY 48W-65 LOT 128 PARK RIDGE.
Status Change Info
Sold Price/SqFt: 164.74
Under Contract Date: 2025-10-24
Sold Date: 2025-11-26
Sold Price: $179,900
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Level Square Feet: 0
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 3
Main Full Baths: 1
Main Level SQFT: 1092
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 700
Substructure
Partial: 1
Water Heater
Natural Gas: 1
Architectural Style
Ranch: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Washtenaw
Street #: 485
Street Name: Jefferson
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 8433
Area: Ann Arbor/Washtenaw - A
OfficeContract Info
Status: Sold
List Price: $179,900
Current Price: $179,900
Listing Date: 2025-09-02
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Substructure: Partial
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Architectural Style: Ranch
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Room Information
Primary Bedroom
Level: Main
Primary Bathroom
Level: Main
Bedroom 2
Level: Main
Bedroom 3
Level: Main
Living Room
Level: Main
Kitchen
Level: Main
Listing Office:
Cornerstone Real Estate
Listing Agent:
Jeremy Rhodes
Last Updated: December - 01 - 2025
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.
