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217 N Normal Street

Ypsilanti, MI 48197

$399,900

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Overview

Bed

Bath

2,862

Sqft

0.24

Acre(Lot)

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 se rvice. 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.

Property Details

Property Type : Residential

Price : $399,900

AD Id : 82890098

MLS Id : 26028463

Beds : 8

Lot Size : 0.24 Acre

Living Area Size : 2,862

Year Built : 1909

County : Washtenaw

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8 Window Feature: Window Treatments

Bathroom Information

Total Baths: 4 Full Baths: 4

Water/Sewer

Sewer: Public

Room Information

Other Rooms: 15
Flooring Information

Tile, Wood
Interior Features

Appliances: Dryer, Oven, Range, Refrigerator, Washer Laundry Features: Common Area, In Basement
Heating & Cooling

Heating: Hot Water, Steam Cooling: Window Unit(s) WaterSource: Public
Fireplace

Fireplace: Yes Number of Fireplaces: 2 Fireplace Features: 2

Building Information

Year Built: 1909 Construction Materials: Stucco Basement: Full, Walk-Out Access
Exterior Features

Porch: Porch(es)
Road Types

Paved
Laundry Features

Common Area, In Basement

Patio And Porch

Porch(es)

Lot Information

Lot Dimensions: 66.00 x 156.00 Lot Description: Sidewalk Lot Size Area: 0.24 Acres Lot Square Feet: 10,454 Stories: 3 Main Square Feet: 2862

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Colonial, Victorian SQ ft (Living Area): 2,862 Construction Materials: Stucco Property Age: 117

Listing Price Information

Listing Id: 26028463 ist Price: $399,900 List Price Tot SqFt: $140 Listing Terms Cash, FHA, VA Loan, Conventional
Listing Information

Possession: Close Of Escrow, Subject To Tenant Rights

Tax Information

Parcel Number: 11-11-40-164-035 Annual Tax: $12,042 Tax Year: 2026 Taxes: *OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.

Parking Information

# of Garage Spaces: 1 Has Garage: Yes Garage Faces Front, Detached

School Information

Senior High School District: Ypsilanti
Utility Information

Natural Gas Connected, Cable Connected, Storm Sewer
Location Information

Direction: West Side of N. Normal Street Just South of Washtenaw Avenue

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Nearby Home Value

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9260 Pitman Road , Ypsilanti, MI, 48197	$399,000	3	1.5	1,400	1,400 SqFt
2104 Whittier Road , Ypsilanti, MI, 48197	$349,900	3	1.5	1,120	1,120 SqFt
7442 Spy Glass Lane , Ypsilanti, MI, 48197	$360,000	4	2.5	1,892	1,892 SqFt
6988 Mckean Rd Lot #120 , Ypsilanti, MI, 48197	$84,900	3	2	1,800	1,800 SqFt
6988 Mckean , Ypsilanti, MI, 48197	$49,900	3	2	1,700	1,700 SqFt
9676 Landsdowne Lane , Ypsilanti, MI, 48197	$349,000	4	2.5	2,228	2,228 SqFt
6007 Huron River Lane , Ypsilanti, MI, 48197	$379,990	3	2.5	1,820	1,820 SqFt
6883 Maplelawn Drive, Ypsilanti, MI, 48197	$349,000	3	3	1,740	1,740 SqFt
7020 Maplelawn Drive, Ypsilanti, MI, 48197	$378,500	3	4	2,990	2,990 SqFt
7366 Maplelawn Drive, Ypsilanti, MI, 48197	$350,000	3	2	1,605	1,605 SqFt