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415 W Forest Ave, Ypsilanti, MI, 48197

9beds
3baths
3,295sqft
$750,000
$228price/sqft
$5,355/moest. monthly cost
$214,200/yrincome needed

About This Home

Rare opportunity to own a piece of history in the heart of Eastern Michigan University's campus! This 3078 Sq Ft home, currently operating as a Sorority House, boasts 9 bedrooms and 3 bathrooms, charm and character throughout the architecture of the main level, basement and parking lot. Nestled on a corner lot, this 1885 Built Victorian Home is licenced to hold up to 17 occupants and has an up-to-date rental certificate from the City of Ypsilanti. Currently used as a Sorority House with 9 bedrooms but future potential is unlimited: office, Short-term lodging, programing facility, fraternity, sorority, boarding house, student cooperative or single family home. Main floor offers a Corian kitchen with built-ins, a formal dining room, and a spacious living room. Covered wrap around front porch and new composite deck and stairway along with a parking lot that offers ample off-street parking for occupants. Remodel and addition in 1983. Easy access to I-94 and US-23.

Getting Around

84
WalkingVery Walkable
54
TransitGood Transit
83
BikeVery Bikeable

Schools

--
3/10
Estabrook SchoolGrades PK,1-81.1 mi
2/10
AC Tech High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1885

Materials

  • Foundation: Basement,Stone
  • Construction materials: Stone,Wood Siding

Notable Dates

  • Major remodel year: 1983

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free Standing Electric Range,Microwave
  • Laundry features: Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: Third
  • Area: 725
  • Dimensions: 29 X 25

Bedroom

  • Level: Third
  • Area: 120
  • Dimensions: 12 X 10

Bedroom

  • Level: Second
  • Area: 285
  • Dimensions: 19 X 15

Bedroom

  • Level: Second
  • Area: 156
  • Dimensions: 13 X 12

Bedroom

  • Level: Second
  • Area: 182
  • Dimensions: 14 X 13

Bedroom

  • Level: Second
  • Area: 90
  • Dimensions: 10 X 9

Bedroom

  • Level: Second
  • Area: 88
  • Dimensions: 11 X 8

Bedroom

  • Level: Entry
  • Area: 110
  • Dimensions: 11 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: Entry
  • Area: 195
  • Dimensions: 15 X 13

Features

  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area above ground: 3,295

Great Room

  • Level: Entry
  • Area: 182
  • Dimensions: 14 X 13

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Natural Gas
  • Cooling features: Ceiling Fans

Interior Area

  • Total interior livable area: 3,295 sqft

Kitchen

  • Level: Entry
  • Area: 204
  • Dimensions: 17 X 12

Living Room

  • Level: Entry
  • Area: 195
  • Dimensions: 15 X 13

Other

  • Level: Entry
  • Area: 50
  • Dimensions: 10 X 5

Other

  • Level: Third
  • Area: 35
  • Dimensions: 7 X 5

Other

  • Level: Second
  • Area: 54
  • Dimensions: 9 X 6

Property

Details

  • Parcel number: 111140112009
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Exist

Features

  • Levels: Three
  • Stories: 3
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered,Deck,Porch
  • Exterior features: Balcony
  • Fencing: Fencing Allowed

Lot

  • Lot size: 0.25 Acres
  • Features: Corner Lot
  • Lot size dimensions: 64 x 191 x 61 x 172

Parking

  • Parking features: Assigned 2 Spaces,Alley Access,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$292$3,504
Property Taxes $912$10,944
Electricity $359$4,312
Total$5,355$64,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,600/yr
40% on housing$160,650/yr
45% on housing$142,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$228This listing

vs Other Active Listings

Avg $/sqft

ZIP 48197$170
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48197$189
Washtenaw County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-19Listed for sale$750,000

For Sale by Agent

AgentTherese Antonelli
BrokerageMoving The Mitten RE Group Inc

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