Location
Tour 416 Olive St #1
Contact
Baker Street Properties
Nearby rentals
Renter hub
Property management
Baker Street Properties
Features
| Carpet | Fireplace |
| Forced Air | Off Street |
Appliances
| Dishwasher | Garbage Disposal |
| Range/Oven | Refrigerator |
Community
| Onsite Laundry |
Grounds
| Outdoor Space |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Located in the heart of Ypsilanti, 416 Olive Street is situated just around the corner from EMU's campus and a short walk away from all that Cross St and Depot Town have to offer! 416 Olive St. is a duplex with unit 1 available for lease. Unit 1 is a 4-bedroom, 1-bathroom apt. that feels like an entire house. Entering from the great front porch, the open-concept living room, dining room, and kitchen are all to the left. The kitchen and flooring are updated, while still preserving the character and charm of an old home with lots of windows, built-in shelving, and a beautiful fireplace feature. The first bedroom is to the right of the entrance, and the remaining three bedrooms are located upstairs, along with the bathroom. All bedrooms are sizable with lots of light and closet space. There is no laundry on-site, but there is a large driveway for parking adjacent to the building. Tenants are responsible for all utilities (DTE gas/electric directly in their name and water/sewer/trash/recycling at a flat-rate $60 per tenant per quarter). Lawn care and snow removal handled by owner. Pets not allowed. No application fee. Non-refundable $125 lease processing fee per tenant, only charged if lease is signed. Non-refundable cleaning fee of $100 per bedroom (regardless of number of tenants). Security deposit is 1.5x the rent. Virtual tour - https my matterport com show ?m=2JNebq6heXg
How 416 Olive St, Ypsilanti, MI 48197, USA compares to other nearby properties.
Positives
Considerations
| Zip code | 48197 |
|---|---|
| Type | Condo for rent |
4-bedroom apartments at 416 Olive St #1 cost about 2% less than the average rent price for 4-bedroom apartments in Ypsilanti.
| Month | Median Rent |
|---|---|
| May 2024 | $2,700 |
| June 2024 | $2,925 |
| July 2024 | $3,000 |
| August 2024 | $2,895 |
| September 2024 | $2,799 |
| October 2024 | $2,631 |
| November 2024 | $2,369 |
| December 2024 | $2,410 |
| January 2025 | $2,200 |
| February 2025 | $2,200 |
| March 2025 | $2,124 |
| April 2025 | $2,249 |
| May 2025 | $2,401 |
| June 2025 | $2,371 |
| July 2025 | $2,727 |
| August 2025 | $2,525 |
| September 2025 | $2,476 |
| October 2025 | $2,620 |
| November 2025 | $2,475 |
| December 2025 | $2,175 |
| January 2026 | $2,154 |
| February 2026 | $2,110 |
| March 2026 | $2,095 |
| April 2026 | $2,122 |
| May 2026 | $2,049 |
Can I afford to live at 416 Olive St #1?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$78,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 10 months ago | $840 | 1 bed | 1 bath | ||
| 1 year ago | $800 | 1 bed | 1 bath | ||
| 2 years ago | $750 | 1 bed | 1 bath | ||
| 2 years ago | $750 | 1 bed | 1 bath | ||
| 2 years ago | $1,675 | 4 bed | 1 bath | ||
| 3 years ago | $1,600 | 4 bed | 1 bath | ||
| 4 years ago | $1,475 | 4 bed | 1 bath |
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