1017 Washtenaw Road, Ypsilanti, MI 48197
1017 Washtenaw Road, Ypsilanti, MI 48197
1017 Washtenaw Road, Ypsilanti, MI 48197
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$300,000
Est. payment /mo
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2 Baths
1,776 SqFt
Price Dropped by $30K

1017 Washtenaw Road Ypsilanti, MI 48197

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,776 sqft

Price per Sqft $168

Subdivision Mi

MLS Listing ID 60977180

Style 2 Story

Full Baths 2

Year Built 1864

Annual Tax Amount $10,311

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 66.00 x 149.00

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County Washtenaw

Area Ypsilanti (81033)

Rooms

Basement Block, Common

Interior

Interior Features Cable/Internet Avail., DSL Available

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Brick

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Ypsilanti Public School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by EXP Realty The Perna Team

Nearby Locations

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Celeste Moughler

Celeste Moughler

Agent | License ID: 6​5​0​1​4​5​6​4​9​0

+1(989) 906-3270

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1017 Washtenaw Road