Off market mar 2025 for $840K

—

•

— ba

•

5,328

sq ft

1236 Holmes Rd, Ypsilanti, MI 48198

About this home

Fantastic opportunity to expand your investment portfolio with this fully rented 7-unit apartment building with great proximity to Depot Town and EMU! This well-maintained building is set back from the road with plenty of parking for tenants and guests. Each unit has 2 bedrooms and 1 full bathroom furnished with refrigerator, range/oven, and wall air conditioner. Landlord pays for dumpster and water (single meter - most tenants charged an additional water fee) while the rest of the utilities are paid by the tenants. Shared coin-operated laundry machines are leased and provide additional income. Gross rents are currently $86,736/year with room to increase - see attachments for rent roll, proforma P & L, and additional information. Since all units are occupied, showings/inspections will onlybe allowed after an offer is accepted with listing agent present.

Multi-familyProperty Type

1968Year Built

0.58 acresLot Size

$158Price/Sq.Ft.

21 spacesParking

Listed by Aleksandr Milshteyn • Real Estate One Inc

Listed by Guillermo Fleurquin • Real Estate One Inc

Bought with Cepha Nixon • Real Estate One Inc

Redfin checked: 3 minutes ago

•Source:REALCOMP #81025005632

Listing provided courtesy of Realcomp MLS

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 48198, MI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.4%

0.4% MoM

Median sale price

$250K

$5K MoM

Avg. days on market

30d

3 days MoM

Recently sold homes

115

7 MoM

New listings for sale

$174,900
3 beds1.5 baths1,008 sq ft
1375 Desoto Ave, Ypsilanti, MI 48198
OPEN SUN, 1PM TO 3PM
$349,900
3 beds2.5 baths2,566 sq ft
1688 Maple Leaf Ln, Ypsilanti, MI 48198
(586) 731-8180
$299,700
3 beds1.5 baths1,862 sq ft
1950 Andover Dr, Ypsilanti, MI 48198 9411
(313) 228-5710
COMING SOON
$320,000
3 beds1 bath1,657 sq ft
1616 Mollie St, Ypsilanti, MI 48198 6526
(248) 609-8000
$164,000
2 beds1 bath640 sq ft
951 Davis St, Ypsilanti, MI 48198
$249,900
3 beds1.5 baths1,230 sq ft
1757 Dover Ct, Ypsilanti, MI 48198 3214
(586) 580-8092
$164,900
3 beds1 bath1,188 sq ft
591 Olds St, Ypsilanti, MI 48198 8008
(313) 963-9891
$209,900
3 beds1 bath1,044 sq ft
2862 Appleridge St, Ypsilanti, MI 48198 3311
(313) 777-2222
3D WALKTHROUGH
$275,000
3 beds1 bath1,817 sq ft
211 Emerson Ave, Ypsilanti, MI 48198
$259,900
2 beds3 baths2,231 sq ft
2732 Bluewater St, Ypsilanti, MI 48198 1017
(734) 459-4700
See all

Provided by Redfin

Sale history for 1236 Holmes Rd

Date

Event

Price

Greater Lansing AoR #70452292

Mar 25, 2025

Sold

$840,000

$158/sq ft

Mar 3, 2025

Contingent

—

Feb 14, 2025

Listed

$865,000

$162/sq ft

REALCOMP #81025005632

Mar 25, 2025

Sold

$840,000

$158/sq ft

Mar 3, 2025

Contingent

—

Feb 14, 2025

Listed

$865,000

$162/sq ft

LEASESTAR #2

Feb 23, 2024

Rental Removed

$1,200

$0/sq ft

Feb 2, 2024

Listed for Rent

$1,200

$0/sq ft

Sep 8, 2023

Rental Removed

$1,050

$0/sq ft

Aug 30, 2023

Listed for Rent

$1,050

$0/sq ft

Aug 22, 2023

Rental Removed

$1,050

$0/sq ft

Aug 20, 2023

Listed for Rent

$1,050

$0/sq ft

Aug 15, 2023

Rental Removed

$1,050

$0/sq ft

BUILDIUM #1

Mar 20, 2024

Rental Removed

$1,200

$0/sq ft

Mar 16, 2024

Listed for Rent

$1,200

$0/sq ft

Feb 29, 2024

Rental Removed

$1,200

$0/sq ft

Feb 23, 2024

Listed for Rent

$1,200

$0/sq ft

Aug 30, 2023

Rental Removed

$1,050

$0/sq ft

Jul 11, 2023

Listed for Rent

—

MiRealSource-MiMLS #40018447

Dec 4, 2020

Sold

$419,000

$79/sq ft

Jan 23, 2020

Listing Removed

—

Jan 23, 2020

Price Changed

$399,000

$75/sq ft

Jan 22, 2020

Listed

$370,110

$69/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Washtenaw County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Dec 1, 2023.

Property details

Parking

Parking/Garage Information
# of Parking Spaces Total: 21
Parking Features: Paved, Shared Driveway

Interior

Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Forced Air, Natural Gas

Room Information
Laundry Features: Common Area
Basement Details: Crawl Space

Unit Type 10 Information
ListingKey: 21909254883195846204
ListingKeyNumeric: 208584362
ListingId: 81025005632
OriginatingSystemName: Realcomp
RawMlsModificationTimestamp: 2025-03-25T19:01:03
UnitTypeKey: 21901024009136366773

Exterior

Building Information
Construction Materials: Brick

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily

Lot Information
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Lot Size Dimensions: 99 x 256.58
Lot Size Area: 25,265
Lot Size Units: Square Feet
Lot Size Acres: 0.58
Zoning Description: Other

Financial

Tax Information
Tax Annual Amount: $12,131.14

Utilities

Utility Information
Water Source: Public
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
Sewer: Public Sewer

Location

Schools Information
High School District: Ypsilanti

Location Information
Directions: South Side of Holmes Road Between Bagley Avenue and N. Harris Road
Cross Street: Holmes and N. Ford

Community Information
Community Features: Sidewalks

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Washtenaw County
APN: —

Home facts updated by county records on Dec 1, 2023

Around this home

Schools

Holmes Elementary Learning Center

Public K-6 • Assigned • 0.1mi

2/10

Ypsilanti Community Middle School

Public 5-8 • Assigned • 0.8mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Ypsilanti, MI • 48198

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 1236 Holmes Rd

Data from public records.

Address	Redfin Estimate
1275 Holmes Road, Ypsilanti, MI 5 Beds \| 3 Baths \| 2621 Sq. Ft.	$386,833
1188 Holmes Road, Ypsilanti, MI 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$180,668

Address	Redfin Estimate
1200 Holmes Road, Ypsilanti, MI 3 Beds \| 1.5 Baths \| 1794 Sq. Ft.	$327,730
1234 Holmes Road, Ypsilanti, MI - Beds \| 7 Baths \| 5328 Sq. Ft.	—

Address	Redfin Estimate
1108 Holmes Road, Ypsilanti, MI 3 Beds \| 1.5 Baths \| 1336 Sq. Ft.	$252,080
1236 Holmes Road #6, Ypsilanti, MI 2 Beds \| 1 Baths \| 700 Sq. Ft.	$132,884

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 48198, MI

Sale history for 1236 Holmes Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 48198

Home values near 1236 Holmes Rd

More real estate resources