About This Home

This 4-bedroom, 2-bathroom residential multi family at 108 N Wallace Boulevard in Ypsilanti, MI is listed for $399,900. Built in 1936, on a 0.18 acres lot.

Key Features

  • Built in 1936
  • 0.18 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1936

Amenities

A/C
Listing Description

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 room with a bay window and wood-burning fireplace. The renovated kitchen provides ample cabinet and counter space, stainless steel appliances, and a convenient breakfast/storage nook.

Two generous bedrooms, including one with French doors, share a full bathroom. Upstairs, the second unit features a spacious combined living and dining room with glowing wood floors and a generous kitchen. One bedroom with French doors offers flexibility as a family room or additional living space, while a cozy office or dining area leads to the second bedroom.

A full bathroom completes this unit. Each residence enjoys private front and rear entrances, while a full unfinished basement provides shared full-size laundry and additional storage. Outside, enjoy a large private yard shaded by mature trees and a shared two-car garage accessed from the alley.

With tenants already in place and the major improvements completed, this is an ideal opportunity to add a turn-key rental to your portfolio. Prefer to owner-occupy while rental income helps offset your mortgage? One tenant is open to a lease buyout, offering additional flexibility for the next owner.

Don't miss this rare opportunity to own a turn-key income property in one of Ypsilanti's most desirable neighborhoods - schedule your private showing today! 48-hour notice required for showings. Sale subject to tenant's rights.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

108 N Wallace Boulevard

Ypsilanti, MI 48197

Normal Park

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 108 N Wallace Boulevard is listed at $399,900. The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1936, 0.18 acre lot, 2 parking spaces.

This property is listed by Aleksandr Milshteyn.

AM

Aleksandr Milshteyn

Agent at Real Estate One

Listed by Real Estate One · Broker phone: (248) 304-6700 · View on Broker Site · Broker website

MLS# 26043925· Source: Michigan Regional Information Center, LLC.· 74 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

108 N Wallace Boulevard, Ypsilanti, MI 48197

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