Amazing, rare investment opportunity! Charming 4-unit, multi-family income property close to the best of Ypsilanti including Depot Town, Frog Island and Riverside Parks, Hyperion and Vertex Coffee Roasters, the Ypsilanti Food Co-op, Eastern Michigan University, and more. Solid, turn-key property, very well-maintained and updated with charming vibes inside and out. Three 1-bedroom units (2 currently rented long-term) go for $1,125, and $1,150/month and efficiency unit, also currently rented, goes for $725/month. All units have their own entrance from the outside, kitchens, bathrooms, and washer/dryers (a huge plus). Newly updated Certificate of Occupancy good through 2026 with potential for short- or long-term rental potential--could also be owner occupied.Owner pays for gas and water and renters pay for separate-metered electricity. Newer boiler, 2-car garage, beautiful landscapingthis is a must see property!
Great duplex in Ypsilanti fully rented. One-2 bedroom unit and one-3 bedroom unit.2 bedroom unit has laundry and access to basement. Off street parking. Newer windows and newer roof. Landlord pays utilities. Fully leased until August 2025. Unit 1 rent is $1,400/mo. & Unit 2 rent is $1,100/mon. Conveniently located within walking distance to EMU and near Depot Town.
6-unit Apartment Complex consisted of (3) x 2-bedrooms & (3) x 1-bedrooms. Located along the west side of N. Normal Street, one block south of Washtenaw Avenue and Eastern Michigan University. It is a 6-unit, three -story, multi-family walk-up property situated on a 0.33-acre site. The improvements were constructed in 1844 and have been adequately maintained over the years. The property is currently 100% leased. come check it out before its gone! BATVAI
Presenting this ''top shelf'' duplex in the heart of Ypsilanti located blocks from EMU's central campus. The 1st floor two bedroom unit has been completely remodeled showcasing the original wood floors, granite counters, tall ceilings and amazing natural lighting. The second floor also has real hardwood floors w/nice sized closet space & lots of windows for great natural lighting. The unfinished basement is dry and has it's own entrance for shared use of the washer/dryer. Tons of parking could add additional income. #1 is currently rented @ $2,400/mo thru July 2025. #2 is currently rented @ $1,650/mo thru December 2024. #1 was provided entirely furnished & could be negotiated for purchase including all furniture, dishes, linens - everything!
Great income property for investment.
Three-unit apartment building with extra lot on over .6 acre in a convenient residential neighborhood only 1/4 mile north of I-94. Well maintained and quality-built income property always fully leased. Three spacious apartments with over 2500 sq-ft total. Numerous value-added features among the units including deck, balcony, vaulted ceiling, fireplace, spa tub, basement storage. Great location...pleasant walk to Downtown, across from Huron River and Waterworks Park. Private carport plus off-street parking and fenced yard. In-house laundry. Includes extra lot (436 S. Huron), possibly buildable. Perfect for an owner-occupied income property. 100% leased, and tenants require lead time for viewing requests. Please contact listing agent to schedule showings.
The median home value in Ypsilanti, MI is $265,000. This is lower than the county median home value of $340,000. The national median home value is $338,100. The average price of homes sold in Ypsilanti, MI is $265,000. Approximately 31.67% of Ypsilanti homes are owned, compared to 61.21% rented, while 7.12% are vacant. Ypsilanti real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ypsilanti real estate agent to arrange a tour today!
Ypsilanti, Michigan has a population of 20,448. Ypsilanti is less family-centric than the surrounding county with 25.73% of the households containing married families with children. The county average for households married with children is 31.79%.
The median household income in Ypsilanti, Michigan is $40,256. The median household income for the surrounding county is $79,198 compared to the national median of $69,021. The median age of people living in Ypsilanti is 25.7 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33.7 inches per year, with 45.4 inches of snow per year.