Listing Agent: Michael Perna
Listing Office: EXP Realty The Perna Team
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.
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Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates, and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning, or any information storage and retrieval system, without written
permission from MiRealSource, Inc. Updated: 24th April, 2026 11:03 PM (UTC)
Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates, and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning, or any information storage and retrieval system, without written
permission from MiRealSource, Inc. Updated: 24th April, 2026 11:03 PM (UTC)
