MLS # 20261014760 (Realcomp)

Exceptional investment opportunity just steps from Eastern Michigan University. This well-maintained duplex at 1017 Washtenaw Rd features two spacious 3-bedroom, 1-bath units, offering immediate income potential and long-term upside in a high-demand rental location.One unit is currently occupied, providing in-place income, while the second unit is vacant and move-in ready—ideal for an owner-occupant or an investor looking to maximize rents. The flexible setup allows for immediate occupancy, value-add leasing, or a hybrid investment strategy.Positioned less than 100 yards from EMU’s campus, this property benefits from consistent tenant demand and proximity to Downtown Ypsilanti, major corridors, and I-94. Each unit offers functional layouts with generous living space, and the lower unit includes in-unit laundry.A standout feature is the expansive private parking lot with capacity for up to 12 vehicles—an uncommon advantage in this area that enhances rental appeal and opens the door for future possibilities. The lot offers potential for reconfiguration or expansion (subject to approvals), adding further long-term value.Additional highlights include updated wood siding completed in 2020 and a current Certificate of Occupancy already in place.Whether you are building your portfolio or seeking a property that can offset your mortgage while you live on-site, this duplex delivers location, income, and scalability in one of Ypsilanti’s most reliable rental pockets.
Source: SparkMLS
This 2-bath home built in 1864 sits in Normal Park in Ypsilanti.
Currently offered at $300,000.
Property tax estimate: $10,311 per year ($859/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
*OLD SID - 11 11-380-008-20 YP CITY 38W-15 N 149 FT OF LOT 8 CHARLES MC CORMICK'S PLAT.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael Perna
EXP Realty The Perna Team
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1017 Washtenaw Road, Ypsilanti, MI 48197
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Neighborhood
Normal Park
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Community
Ypsilanti
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County
Washtenaw County
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