Handsome rooming house with current C of Occupancy. Successful investor owner is retiring. Aluminum siding offers low exterior maintenance. Ample parking and convenient access to bus lines. Currently fully occupied with deposits. Renters share two full baths and one Kitchen. Good cash flow investment. Updated roof, newer water and sewer line. Rooms are furnished and easily rented. Current owner since 1980. Can offer helpful management tips. This property needs a strong manager but offers a great Cap Rate. Qualified buyers only.
MiRealSource-MiMLS #20450938
Nov 16, 2015
Sold
$85,900
Oct 28, 2015
Listing Removed
—
Oct 13, 2015
Listed
$99,900
SW Michigan MLS #23062838
Nov 16, 2015
Sold
$85,900
Oct 13, 2015
Listed
$99,900
Year
Property tax
Land + Additions
Assessment*
2025
$4,518 (+1.7%)
2024
$4,442 (+6.7%)
2023
$4,164 (+1.0%)
2022
$4,123 (+1.8%)
2021
$4,050 (−2.2%)
2020
$4,141 (+3.6%)
2019
$3,997 (+7.5%)
2016
$3,719 (−14.5%)
2015
$4,350 (−1.9%)
2014
$4,436
Tax history for 215 N Prospect
Year
Property tax
Land + Additions
Assessment*
2025
$4,518 (+1.7%)
2024
$4,442 (+6.7%)
2023
$4,164 (+1.0%)
2022
$4,123 (+1.8%)
2021
$4,050 (−2.2%)
2020
$4,141 (+3.6%)
2019
$3,997 (+7.5%)
2016
$3,719 (−14.5%)
2015
$4,350 (−1.9%)
2014
$4,436
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
2
Stories
2
Lot width
66 ft.
Lot depth
156 ft.
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
1,495
Year built
1910
Style
Single Family Residential
County
Washtenaw County
APN
11-11-09-112-015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Parking
Parking Information
Parking Total: 6
Interior
Room Information
Basement: Full
Exterior
Exterior Features
Year Built: 1910
Lot Information
Lot Size Acres: 0.24
Lot Size Area: 0.24
Lot Size Units: Acres
Property Information
Property Type: Multi-Family
Property Sub Type: 5+ Units
Financial
Tax Information
Tax Year: 2015
Tax Annual Amount: $4,408
Tax Assessed Value: $51,200
Location
Multi-Unit Information
# Of Units Total: 6
Location Information
Directions: Prospect North of Michigan, West side of street
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 1,495
Stories: 2.0
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Washtenaw County
APN: 11-11-09-112-015
Home facts updated by county records on Sep 9, 2026
Around this home
Schools
Holmes Elementary Learning Center
Public K-6 • Assigned • 1.1mi
2/10
Ypsilanti Community Middle School
Public 5-8 • Assigned • 1.7mi
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 99° 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)
28
15
35
19
53
32
62
42
68
49
81
61
85
66
79
59
77
53
66
44
49
36
36
23
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
Work with an experienced agent and save on fees. 3 minutes to get started.