217 N Normal Street, Ypsilanti, MI 48197 (MLS # 70538152)
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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
| DAYS ON MARKET | 0 | LAST UPDATED | 6/10/2026 |
|---|---|---|---|
| YEAR BUILT | 1909 | COMMUNITY | Ypsilanti (81033) |
| COUNTY | Washtenaw | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Ypsilanti Public School District |
|---|
| ADDITIONAL DETAILS | |
| AREA | Ypsilanti (81033) |
|---|---|
| BASEMENT | Yes |
| HEAT | Hot Water, Natural Gas, Steam |
| LOT | 10454 sq ft |
| LOT DIMENSIONS | 66.00 x 156.00 |
| TAXES | 12041.51 |
| UTILITIES | Natural Gas Available |
TOTAL MONTHLY PAYMENT
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Source MLS: MiRealSource
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