Properties for sale in Michigan

Overview

Description

Charming 1930s duplex offering historic character, extensive updates, and a prime location on a tree-lined street in Ypsilanti's sought-after Normal Park neighborhood! Just blocks from schools, parks, and the EMU campus, this turn-key investment property combines timeless charm with the modern conveniences tenants (and landlords!) appreciate. Major recent improvements include a new 30-year roof, new porch, HVAC, windows, drainage, and tankless water heater. Both units are currently leased through summer 2027, generating combined rents of $3,805/month, with residents responsible for all utilities. The main-level unit welcomes you into a spacious formal dining room open to a generous living room with a bay window and wood-burning fireplace. The renovated kitchen provides ample cabinet and counter space, stainless steel appliances, and a convenient breakfast/storage nook. Two generous bedrooms, including one with French doors, share a full bathroom. Upstairs, the second unit features a

Supplements: spacious combined living and dining room with glowing wood floors and a generous kitchen. One bedroom with French doors offers flexibility as a family room or additional living space, while a cozy office or dining area leads to the second bedroom. A full bathroom completes this unit. Each residence enjoys private front and rear entrances, while a f ... (Read more)

Location Property Info

County: Washtenaw
Street #: 108
Street Direction: N
Street Name: Wallace
Suffix: Boulevard
State: MI
Zip Code: 48197
Zip (4): 4637

General Property Info

Lot Measurement: Acres
Lot Square Footage: 7841
Lot Acres: 0.18
Lot Dimensions: 52.00 x 150.00
Year Built: 1936
New Construction: No
Road Frontage: 52
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3318
Total Parking Spaces: 2
Waterfront: No
School District: Ypsilanti
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 11-11-40-280-015
Taxable Value: 148237
SEV: 213900
For Tax Year: 2026
Seller's Annual Property Tax: 11865.28
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: R-1
Homestead %: 0

Remarks Misc

Directions: W. Cross Street or S. Congress Street to East Side of N. Wallace Boulevard Between Grant Street and Pearl Street

Access Feat

Accessibility Features: No

More Information

Income and Expenses

Annual Insurance: 1129
Annual Maintenance: 3552
Gross Op. Inc.: 45660
Net Operating Income: 29114
Operating Expense: 16546
Annual Mgmt. Fees: 0
Annual Utilities: 0

Unit 1

Unit Description: Lower
Occupied: Yes
Monthly Rent: 1995
Bathrooms: Yes
Full Baths: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Fireplace: Yes
Garage: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit Description: Upper
Occupied: Yes
Monthly Rent: 1810
Bathrooms: Yes
Full Baths: Yes
Central Air: Yes
Garage: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: N Wallace Blvd & Grant St
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Subdivision: Normal Park
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 120.52

Remarks & Misc

Public Remarks: Charming 1930s duplex offering historic character, extensive updates, and a prime location on a tree-lined street in Ypsilanti's sought-after Normal Park neighborhood! Just blocks from schools, parks, and the EMU campus, this turn-key investment property combines timeless charm with the modern conveniences tenants (and landlords!) appreciate. Major recent improvements include a new 30-year roof, new porch, HVAC, windows, drainage, and tankless water heater. Both units are currently leased through summer 2027, generating combined rents of $3,805/month, with residents responsible for all utilities. The main-level unit welcomes you into a spacious formal dining room open to a generous living room with a bay window and wood-burning fireplace. The renovated kitchen provides ample cabinet and counter space, stainless steel appliances, and a convenient breakfast/storage nook. Two generous bedrooms, including one with French doors, share a full bathroom. Upstairs, the second unit features a
Legal: *OLD SID - 11 11-422-018-04 YP CITY 42W-197 LOT 4, BLK 18 NORMAL PARK ADDITION.

Lot Description

Level: Yes
Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

In Basement: Yes
Sink: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Driveway

Shared Unpaved: Yes

Substructure

Full: Yes

Owner Pays

Trash Collection: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement; Sink Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Lot Description: Level; 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: Forced Air Air Conditioning: Central Air Driveway: Shared Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Fireplace; Garage; Range Oven; Refrigerator; Washer/Dryer Unit 2: Central Air; Garage; Range/Oven; Refrigerator; Washer/Dryer

108 N Wallace Boulevard, Ypsilanti, MI 48197