Property Type:
Multi Family
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$300,000
List Date:
9/18/2026
Last Modified:
9/18/2026
Overview
Description
**Two-Unit Investment Property — Ypsilanti** A fantastic opportunity for investors seeking reliable, established income in a prime Ypsilanti location. This well-maintained two-unit property features two bedrooms and one bathroom in each unit, with the back unit offering convenient access to the garage. Both units are currently occupied by excellent, long-term tenants who have been low-maintenance and reliable. Unit 1 is leased at $1,050/month with a lease in place until February 2027, and Unit 2 is leased at $1,250/month with a lease in place until August 2027 — giving a new owner immediate, secured cash flow with no lease-up period. This property has been a solid, dependable performer, and the sellers are moving forward with the sale only due to a shift in their portfolio strategy — not because of any issues with the property or its income. Unbeatable location — close to Eastern Michigan University and Washtenaw Community College, downtown Ypsilanti, and Depot town!
Supplements:
Updates include, new water heaters in both units (2024), new washer & dryer in unit 2 (2026)Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.
Last Updated: September - 18 - 2026
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