$430,000

427 Ballard Street, Ypsilanti, MI 48197

  • 3 baths |
  • 4,473 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1894
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes. The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on each level. The layout is functional and well-suited for room-by-room leasing, providing consistent occupancy opportunities. Common areas are designed for practical daily use, and the structure offers solid fundamentals for continued rental operation. Situated in an established neighborhood with close proximity to public transportation, campus amenities, dining, and shopping, this property appeals to students, workforce tenants, and long-term room renters alike. Whether you are looking to expand your rental portfolio or acquire a turnkey income-producing property in the Ypsilanti market, 427 Ballard presents a compelling opportunity. Serious investors with proof of funds/ commercial pre-approval - inquire for financials and current occupancy details.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 6:41AM
Listing Office:
RE/MAX Home Sale Services : 7344597646
Listing Agent:
Marygrace Liparoto : 7344976774
MLS ID:
20261015106
  • Basement: FinishedFull
  • Heating: BaseboardForced airNatural gas
  • Style: Early american
  • Other Structures: Porch
  • Pool: None
  • Parking: GarageParking lot
  • Roofing: Asphalt
  • General: Aluminum sidingVinyl sidingTwoBasementPoured
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Ypsilanti
  • County: Washtenaw
  • Zoning: *OLD SID - 11 11-424-029-00 YP CITY 43W-28 LOT 29 AND N 10 FT OF LOT 30NORMAL SCHOOL ADDITION. 427 BALLARD111140113019
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Marygrace Liparoto , RE/MAX Home Sale Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Y

Ypsilanti International Elementary School

503 Oak St, Ypsilanti, MI, 48198

Grades PK-5

0.91 miles away

W

Washtenaw International Middle Academy

105 N Mansfield St, Ypsilanti, MI, 48197

Grades 6-8

1.03 miles away

Y

Ypsilanti Community High School

2095 Packard Rd, Ypsilanti, MI, 48197

Grades 9-12

1.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.