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2 Baths

$399,900

108 N Wallace Boulevard, Ypsilanti MI, 48197

Price per sqftN/A
Built in1936
Property typeMulti-family
Courtesy of Aleksandr Milshteyn, Real Estate One Inc

Overview

Active

Listed Aug 20, 2026

Updated 3 weeks ago

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.

$2,661/mo

Est. mortgage payment based on a $399,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26043925

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$11,865
Tax Frequency
Annually
Maintenance Expense
$3,552
MLS provider logo

Courtesy of Real Estate One Inc

The IDX display contains information sourced from the MichRIC® as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 9/15/2026

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