506 N Miami Avenue, Ypsilanti, MI 48198

$1,450,000
Property Type: Multi Family Lot Size (sq. ft.): 31,363 Status: Active
Current Price: $1,450,000 List Date: 5/26/2026 Last Modified: 8/16/2026

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

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

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

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
IDX
Listing Office: Beal Properties LLC
Listing Agent: Michael Slater
Source MLS Verified
Last Updated: August - 16 - 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.