217 N Normal Street, Ypsilanti, MI 48197

New Listing
$399,900
Property Type: Multi Family Lot Size (sq. ft.): 10,454 Status: Coming Soon
Current Price: $399,900 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

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 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

Supplements: 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.

Listing Details MLS# 26028459

Location Property Info

County
Washtenaw
Street #
217
Street Direction
N
Street Name
Normal
Suffix
Street
State
MI
Zip Code
48197
Zip (4)
3199

General Property Info

Lot Measurement
Acres
Lot Square Footage
10454
Lot Acres
0.24
Lot Dimensions
66.00 x 156.00
Year Built
1909
New Construction
No
Road Frontage
66
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Parking Spaces
6
Waterfront
No
School District
Ypsilanti
Association YN
No
Basement
Yes

Tax Info

Tax ID #
11-11-40-164-035
Taxable Value
148442
SEV
186400
For Tax Year
2026
Seller's Annual Property Tax
12041.51
Tax Year
2025
Spec Assessment & Ty
None
Zoning
CN
Homestead %
0

Remarks Misc

Directions
West Side of N. Normal Street Just South of Washtenaw Avenue

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Income and Expenses

Gross Op. Inc.
52800

Unit 1

Unit #
Yes
Unit Description
Main Level
Occupied
Yes
Bathrooms
Yes
Full Baths
Yes
Fireplace
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
Upper Levels
Occupied
Yes
Bathrooms
2
Full Baths
2
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
Basement
Occupied
Yes
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
N. Normal and Washtenaw
Property Sub-Type
2 to 4 Units
Municipality
Ypsilanti City
Ownership Type
Private Owned

Office/Contract Info

On-Market Date
2026-06-15
Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
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
Legal
*OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.

Lot Description

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

Common Area
Yes
In Basement
Yes

Exterior Material

Stucco
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes
Steam
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Driveway

Unpaved
Yes

Substructure

Full
Yes
Walk-Out Access
Yes

Owner Pays

Trash Collection
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Laundry Features: Common Area; In Basement Exterior Material: Stucco Substructure: Full; Walk-Out Access Lot Description: 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: Hot Water; Steam Air Conditioning: Window Unit(s) Driveway: Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Fireplace; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator
IDX
Listing Office: Real Estate One Inc
Listing Agent: Aleksandr Milshteyn
Source MLS Verified
Last Updated: June - 10 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.