Multi Family homes for sale & real estate in 48197, MI

Multi Family Home for sale in 48197, MI:

Charming 1930s duplex offering historic character, extensive updates, and a prime location on a tree-lined street in Ypsilanti's sought-after Normal Park neighborhood! Just blocks from schools, parks, and the EMU campus, this turn-key investment property combines timeless charm with the modern conveniences tenants (and landlords!) appreciate. Major recent improvements include a new 30-year roof, new porch, HVAC, windows, drainage, and tankless water heater. Both units are currently leased through summer 2027, generating combined rents of $3,750/month, with residents responsible for all utilities. The main-level unit welcomes you into a spacious formal dining room open to a generous living r

Multi Family Home for sale in 48197, MI:

Great 5 bedroom rental property with laundry close to campus. No seller financing. Rent is $2,445/month and includes $125 for water. Coin operated laundry. Gross rent is $29,340 for the 2026-27 school year. Leased to 8/10/2027. C of O expires 03/01/2029.

Multi Family Home for sale in 48197, MI:

Special investment opportunity at the steps of the Eastern Michigan University campus. This is group 2 of 2 seven property packages - 615 Pearl St, 351 S Mansfield St, 212 N Summit St, 125 N Summit St, 124 N Summit St, 116 N Summit St, 106 N Summit St. Gross rent for these 7 properties is $355,820 for the 2026-27 school year. For specific property information, refer to the individually listed properties. These are well kept properties and opportunities like this are rare. No seller financing. Contact listing agent with any question.

Multi Family Home for sale in 48197, MI:

Great duplex with garage. No seller financing. Unit 1 - Three bedrooms one bath rented for $1985/month which includes $260 for water, sewer, gas and electric, and pet fee. In unit washer and dryer, leased to 7/26/27. Unit 2 - two bedrooms one bath rented for $1,130 which includes $140 for water, sewer, gas and electric, and pet fee, leased to 8/1/27. There is an additional $90/month rental income from the garage which is leased to 11/14/26. $3,205/month. Gross rent is $38,460for the 2026-27 school year. Some newer HVAC, new roof 2015