For Sale62d on market
12 N River St
Ypsilanti, MI, 48198 • 48198 • Washtenaw County
$40,000
0.1 acLot
Property DNA
ORIGINAL OF YPSILANTI CITY
48198
This home is getting attention
Listed 62 days ago · 129 views · 14 saves
Market activity
Demand and pricing signals for this listing
129 views
People checking out this listing
14 saves
Buyers have saved this home
62 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
RUN, WALK OR BIKE TO THIS FANTASTIC OPPORTUNITY TO OWN/BUILD ON A LOT LOCATED IN CITY OF YPSILANTI'S HISTORIC CORRIDOR OF DEPOT TOWN! TONS OF WALKABILITY & LOCATED NEAR THE EXCITING & UPCOMING WATER STREET RE-DEVELOPMENT! SHORT BIKE RIDE TO EASTERN MICHIGAN UNIVERSITY LESS THAN 2 MILES AWAY, ONLY 0.5 MILE FROM RIVERSIDE PARK OR WALK/BIKE TO FROG ISLAND PARK! DEPOT TOWN OFFERS A VARIETY OF EXCITING RESTAURANTS, CAFES & COFFEE SHOPS! H.C. ZONING ALLOWS FOR RESIDENTIAL, SINGLE, DUPLEX, QUADPLEX OR MIXED USE COMMERCIAL. ALL DEVELOPMENT PLANS WITHIN HISTORIC CORRIDOR MUST BE PRESENTED AND APPROVED BY CITY OF YPSILANTI HISTORIC DISTRICT COMMISSION, CONTACT INFORMATION AVAILABLE IF REQUESTED. **BUYER/BUYER AGENT TO VERIFY ALL INFORMATION ON LOT & ZONING REQUIREMENTS.** LOT AVAILABLE TO WALK BY APPTS ONLY.
Estimated monthly payment
Based on current rates
$261/month
Principal & Interest$208
Property Tax$40
Insurance$13
Down payment20% ($8,000)
3%50%
Est. 6.75% rate · 30yr fixed · $32,000 loan
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Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerPublic / Public Sewer
Parking & Outdoor
Lot4,356 sqft
Location & Tax
Neighborhood48198
Annual tax$1,085
Parcel111109181006
Features & details
1 category of property features
Exterior Features
Community
Sidewalks
Listing insights
Market data and value estimates
StatusFor Sale
Days on market62
Est. rent$1,383/mo
Tax rate1.49%
On marketFeb 4, 2026
PostedFeb 4, 2026
Last sold$26,000
MLS updatedFeb 5, 2026
Tour days6
Views129
Favorites14
How are the schools in Ypsilanti?
3 schools rated nearby
Location
Ypsilanti, MI, 48198
Price history
4 events
DateEventPrice$/sqftSource
Feb 4, 2026Listed For Sale$40,000—Realcomp II
Jul 31, 2017Sold$26,000—MichRIC
Jun 7, 2017Pending Sale$29,800—Ann Arbor
Mar 11, 2017Listed For Sale$29,800—Keller Williams - Ann Arbor
Listed For Sale$40,000
Feb 4, 2026•Realcomp II
Sold$26,000
Jul 31, 2017•MichRIC
Pending Sale$29,800
Jun 7, 2017•Ann Arbor
Listed For Sale$29,800
Mar 11, 2017•Keller Williams - Ann Arbor
Tax history
26 years of records
YearTax paidAssessed value
Apr 8, 2025$1,067$20,700
Apr 8, 2024—$17,700
Apr 8, 2023—$15,900
Apr 8, 2022—$15,500
Apr 8, 2021—$14,900
Apr 8, 2020$995$13,000
Apr 8, 2019—$10,900
Apr 8, 2018—$10,900
Apr 8, 2017$696$10,900
Apr 8, 2016$696$8,050
Apr 8, 2015—$8,026
Apr 8, 2014—$7,900
Apr 8, 2013—$7,900
Apr 8, 2012—$7,900
Apr 8, 2011—$7,900
Apr 8, 2010—$8,900
Apr 8, 2009—$9,800
Apr 8, 2008—$9,800
Apr 8, 2007—$10,000
Apr 8, 2005—$41,400
Apr 8, 2004—$41,400
Apr 8, 2003—$39,400
Apr 8, 2002$1,971$37,300
Apr 8, 2001$1,665$35,200
Apr 8, 2000$1,260$32,000
Apr 8, 1999$529$30,700
Nearby homes
Neighborhood details
Local context around this listing
Ypsilanti, MI • Washtenaw County
Nearby neighborhoods
Ashford VillageCollege HeightsGolf Side LakeHeritage ParkHistoric South SideMidtownNormal ParkRiversideRosewood VillageWellesley Gardens
Nearby cities
Ann ArborChelseaDexterNorthvillePlymouthSalineSouth LyonSuperior
Nearby zip codes
4819748198
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