Jayne Tharp
REALTOR®
BEDS0
BATHS
MLS#26028459
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLYpsilanti
Property 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 $4,700 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Cooling: Window Unit(s)
Heating: Hot Water, Steam
Lot Size: 0.24 Acres
Taxes: $12,041
Year Built: 1909
Feature Descriptions
Days on Site: 9
Exterior: Stucco
Laundry: Common Area, In Basement
Lot: Sidewalk
Lot Dimensions: 66.00 x 156.00
Owner Pays: Trash Collection, Water, Sewer, Gas
Parcel Number: 11-11-40-164-035
Parking: Unpaved
Parking Total: 6
Road Surface: Paved
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Water, Sewer
Units: 3
Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Local Schools
School District: Ypsilanti
Listed By / Shown By
Listed By
Agency Name: Real Estate One Inc
Agent Name: Aleksandr Milshteyn
Agency Phone: 734-662-8600
Shown By
Agent Name: Jayne Tharp
Agent Phone: (734) 755-3454
Agency Title: Key Realty
 | 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 06/20/2026. |
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Estimated Payment
$ 3,356.98 per month $2,236.93 Principal & Interest $1,003.42 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
Jayne Tharp
Cell: (734) 755-3454
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217 N Normal Street | MLS# 26028459
This multi-family property located at 217 N Normal Street, Ypsilanti, MI 48197 is currently listed for sale with an asking price of $399,900. N Normal Street is located within the Ypsilanti school district. Search Ypsilanti real estate on jaynetharp.ikeyrealty.com today.