217 N Normal Street Ypsilanti, MI $ 399,900
217 N Normal Street
$ 399,900
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217 N Normal Street

Ypsilanti, MI, 48197
$ 399,900
Baths0.0

Monthly Estimate*

$ 2,462

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $399,900. This home was built in 1909 on a lot size of 0.24.

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 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.

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Multi-Family Coming Soon

Price

$ 399,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,041

Style

2 to 4 Units

Lot Size

0.24

Year Built

1909

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

26028459

Features
General
Heating Hot Water Steam
Cooling Window Unit(s)
Utilities Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Stucco
Exclusions None
Year Built 1909
Tenant Pays Electric Water Sewer Gas
Township Ypsilanti City
Property Subtype 2 to 4 Units
Tax Year 2026
Ownership Private Owned
Gross Income 52800.0
County Washtenaw
New Construction N
Property Type Multi Family
Attached Garage N
Status Coming Soon
Directions West Side of N. Normal Street Just South of Washtenaw Avenue
City Ypsilanti
High School District Ypsilanti
Zoning Description CN
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10454.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 12041.51
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Coming Soon
Occupancy Type Tenant
Tax Assessed Value 148442
Legal Description *OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.
Senior Community None
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Interior
Basement Full Walk-Out Access
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Common Area In Basement
Total Baths 0
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Exterior
Parking Features Unpaved
Lot Features Sidewalk
Total Parking 6.0
Lot Size Area 0.24
Number of Buildings 1
Spa N
Lot Dimensions 66.00 x 156.00
Lot Size Acres 0.24
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Real Estate One Inc

Broker

alex@alexmi.com

Email

Affordability Calculator

$3,466
Per Month
71%
29%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$1,003
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4209139 Elementary School
4209138 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$399,900 Listed Price

Map


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217 N Normal Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $399,900 with a lot size of 0.24. 217 N Normal Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 48197 which is in Ypsilanti, MI