718 Lowell Street, Ypsilanti, MI 48197

$2,099,000
Property Type: Multi Family Lot Size (sq. ft.): 41,382 Status: Active
Current Price: $2,099,000 List Date: 8/19/2026 Last Modified: 8/20/2026

Overview

Description

Special investment opportunity at the steps of the Eastern Michigan University Campus. This is Group 1 of 2 seven property packages - 718 Lowell St, 705 Pearl St, 118 Ballard St, 11 S Summit St, 9 S Summit St, 17 N Summit St, 805 N Congress St. Gross rent is $280,149 for these 7 properties 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 questions.

Listing Details MLS# 26043634

Location Property Info

County
Washtenaw
Street #
718
Street Name
Lowell
Suffix
Street
State
MI
Zip Code
48197
Zip (4)
2432

General Property Info

Lot Measurement
Acres
Lot Square Footage
41382
Lot Acres
0.95
Lot Dimensions
56x74
Year Built
1914
New Construction
No
Financial Available
No
Financial Comments
No seller financing
Road Frontage
56
Total # Bldgs
8
Total Parking Spaces
4
Waterfront
No
School District
Ypsilanti
Association YN
No

Tax Info

Tax ID #
11-11-04-362-011
Taxable Value
79160
SEV
132200
For Tax Year
2026
Seller's Annual Property Tax
6658.67
Tax Year
2026
Spec Assessment & Ty
none

Access Feat

Accessibility Features
No

More Information

Property Features

Exterior Material: Shingle Siding; Vinyl Siding; Wood Siding; Other Substructure: Full; Partial 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 Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
IDX
Listing Office: The Charles Reinhart Company
Listing Agent: Ayad Ridha
Source MLS Verified
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.