For Sale258d on market

5831 W Michigan Ave

Ypsilanti, MI, 48197 • 48197 • Washtenaw County

$1,267,000

+$17,000 since Dec 18, 2025

4 acLot

Market activity

Demand and pricing signals for this listing

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258 days on market

Established listing

About this home

Lot

Zoned Highway Commercial. Prime SW Corner of US-23 and Michigan Ave. Ideal for fast food, gas station, apartment building, hotel and may other uses. Best price in the area.

Estimated monthly payment

Based on current rates

$8,264/month

Principal & Interest$6,574

Property Tax$1,267

Insurance$422

Down payment20% ($253,400)

3%50%

Est. 6.75% rate · 30yr fixed · $1,013,600 loan

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At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeLand

Systems

Water / SewerWaterat Street / Sewer At Street

Parking & Outdoor

Lot4 Acres

Location & Tax

Neighborhood48197

Annual tax$4,030

ParcelL01223400035

Listing insights

Market data and value estimates

StatusFor Sale

Days on market258

Tax rate1.49%

On marketJul 23, 2025

PostedJul 23, 2025

MLS updatedDec 18, 2025

Tour days6

Favorites1

How are the schools in Ypsilanti?

3 schools rated nearby

Carpenter School

Elementary • Public • K-5

3.2 mi

Scarlett Middle School

Middle • Public • 6-8

2.2 mi

Huron High School

High • Public • 9-12

5.5 mi

Location

Ypsilanti, MI, 48197

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Price history

5 events

DateEventPrice$/sqftSource

Dec 18, 2025Price Change$1,267,000—Realcomp II

Dec 4, 2025Price Change$1,250,000—Realcomp II

Jul 23, 2025Listed For Sale$985,000—Realcomp II

Jun 28, 2025Listing Removed$985,000—Realcomp II

Jan 9, 2025Listed For Sale$985,000—Realcomp II

Price Change$1,267,000

Dec 18, 2025•Realcomp II

Price Change$1,250,000

Dec 4, 2025•Realcomp II

Listed For Sale$985,000

Jul 23, 2025•Realcomp II

Listing Removed$985,000

Jun 28, 2025•Realcomp II

Listed For Sale$985,000

Jan 9, 2025•Realcomp II

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$375,400

3 bd2 ba1,565 sqft

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$294,300

2 bd1 ba864 sqft

3651 Textile Rd, Ypsilanti, MI

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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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Affordability$8,282/mo

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IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2026 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated as recently as 2026-02-06 15:35:30 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702

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