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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1017 Washtenaw Rd , Ypsilanti, MI 48197
$300,000
Est. Payment: $1,544.85/mo
0 Bed
2 Bath
0 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House 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.

Highlights

Listed by Michael Perna , 248-425-5082 EXP Realty The Perna Team , 888-501-7085. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.23

HOA Fee

Year Built

1864

County

Washtenaw

Neighborhood

Ypsilanti City

School District

Ypsilanti

Listing ID

20261014760

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Other:Public

Exterior Features

Lot:Sidewalk
Principal Interest
$1,545
Taxes
$859
HOA
$0

Home Price

$300,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$60,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,544.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,544.85 $859.25 $0.00 $2,404.10
Yearly $18,538.18 $10,311.00 $0.00 $28,849.18
Total $556,145.40 $309,330.00 $0.00 $865,475.40
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Ypsilanti, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC