Ypsilanti, MI 48197
MLS# 20261014760
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.
Listed by Michael Perna · EXP Realty The Perna Team
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,517/mo
$60,000 down · $240,000 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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