Property Type:
Multi Family
Lot Size (sq. ft.):
6,142
Status:
Active
Current Price:
$440,000
List Date:
3/31/2026
Last Modified:
3/31/2026
502 Pearl Street, Ypsilanti, MI 48197
New Listing
$440,000
Overview
Description
Beautiful old home, great investment! Whether you turn this back into a beautiful downtown home or continue using it as a rental you will be happy for years to come . Currently, the first and second floor have apartments with three bedrooms and one bathroom. Generous size living rooms, and plenty of storage in the kitchens. The third unit is a studio on the third floor. Exposed beams and the retro kitchen make it a very desirable unit. Walking distance to everything downtown, and EMU campus
Listing Details MLS# 26012743
Location Property Info
- County
- Washtenaw
- Street #
- 502
- Street Name
- Pearl
- Suffix
- Street
- State
- MI
- Zip Code
- 48197
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 6142
- Lot Acres
- 0.14
- Lot Dimensions
- 54 x 114
- Year Built
- 1901
- New Construction
- No
- Road Frontage
- 54
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- 2
- Total Parking Spaces
- 7
- Waterfront
- No
- School District
- Ypsilanti
- Association YN
- No
- Basement
- Yes
Tax Info
- Tax ID #
- 11-11-40-416-004
- Taxable Value
- 127757
- SEV
- 207300
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 10214
- Tax Year
- 25
- Zoning
- R3
- Homestead %
- 0
- Spec Assessment & Ty
- No
Access Feat
- Accessibility Features
- No
Unit 1
- Unit #
- Yes
- Unit Description
- 3 bed 1 bath
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
More Information
Unit 2
- Unit #
- 2
- Unit Description
- 3 beds 1 bath
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- studio
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
- W/D Hookup
- Yes
Location & Property Info
- Cross Streets
- Corner of Pearl and Ballard
- 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
- Beautiful old home, great investment! Whether you turn this back into a beautiful downtown home or continue using it as a rental you will be happy for years to come . Currently, the first and second floor have apartments with three bedrooms and one bathroom. Generous size living rooms, and plenty of storage in the kitchens. The third unit is a studio on the third floor. Exposed beams and the retro kitchen make it a very desirable unit. Walking distance to everything downtown, and EMU campus
Lot Description
- Corner Lot
- Yes
Street Type
- Public
- Yes
Util Avail at Street
- 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
Laundry Features
- Common Area
- Yes
- In Basement
- Yes
Exterior Material
- Concrete
- Yes
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
Driveway
- Paved
- Yes
Substructure
- Michigan Basement
- Yes
- Partial
- Yes
Extras
- Garages
- Yes
Owner Pays
- None
- Yes
Property Features
Laundry Features:
Common Area; In Basement
Exterior Material:
Concrete; Vinyl Siding
Roofing:
Composition
Substructure:
Michigan Basement; Partial
Lot Description:
Corner Lot
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street:
Public Sewer; Public Water
Extras:
Garages
Owner Pays:
None
Tenant Pays:
Electric; Gas; Sewer; Water
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Paved
Street Type:
Public
Terms Available:
Cash; Conventional
Sale Conditions:
None
Unit 3:
W/D Hookup
Listing Office:
RE/MAX Platinum
Listing Agent:
Amy Saffold
Last Updated: March - 31 - 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.
