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 propertys appeal. Whether youre 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 dont want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants rights.
Listed By
Agency Name: Real Estate One Inc
Agent Name: Aleksandr Milshteyn
Agency Phone: 734-662-8600
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
![]() | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 06/13/2026. |
Estimated Payment
$ 3,356.98 per month $2,236.93 Principal & Interest $1,003.42 Property Tax $116.64 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
217 N Normal Street | MLS# 26028463
This single family home located at 217 N Normal Street, Ypsilanti, MI 48197 is currently listed for sale with an asking price of $399,900. This property was built in 1909 and has 8 bedrooms and 4 full baths with 2862 sq. ft. N Normal Street is located within the Ypsilanti school district. Search Ypsilanti real estate on www.ikeyrealty.com today.