$399,900
Ypsilanti, MI 48197
MLS# 26028459
Status: Coming Soon
1 / 24
Property Description
Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a prime
Details
Location & Property Info
Cross Streets: N. Normal and Washtenaw
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Ownership Type: Private Owned
Office/Contract Info
On-Market Date: 2026-06-15
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 66.00 x 156.00
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 6
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 10454
Lot Acres: 0.24
Year Built: 1909
Tax Info
Taxable Value: 148442
SEV: 186400
For Tax Year: 2026
Seller's Annual Property Tax: 12041.51
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: CN
Tax ID #: 11-11-40-164-035
Remarks & Misc
Public Remarks: Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a prime
Legal: *OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Income and Expenses
Gross Op. Inc.: 52800
Street Type
Paved: 1
Public: 1
Util Avail at Street
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Stucco: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Steam: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Driveway
Unpaved: 1
Substructure
Full: 1
Walk-Out Access: 1
Owner Pays
Trash Collection: 1
Unit 1
Unit #: 1
Unit Description: Main Level
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Fireplace: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Upper Levels
Occupied: Yes
Bedrooms: 5
Bathrooms: 2
Full Baths: 2
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: Basement
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 217
Street Direction: N
Street Name: Normal
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 3199
OfficeContract Info
Status: Coming Soon
Current Price: $399,900
List Price: $399,900
Listing Date: 2026-06-10
Remarks Misc
Directions: West Side of N. Normal Street Just South of Washtenaw Avenue
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Stucco
Substructure: Full; Walk-Out Access
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Storm Sewer
Owner Pays: Trash Collection
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Hot Water; Steam
Air Conditioning: Window Unit(s)
Driveway: Unpaved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Fireplace; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Supplements
rental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights.
Listing Office: Real Estate One Inc
Listing Agent: Aleksandr Milshteyn
Last Updated: June - 10 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.