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    308 Ballard St Ypsilanti, MI 48197

    For Sale
    $400,000

    MULTI_FAMILY - Ypsilanti, MI

    Lot size:
    0.06 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 308 Ballard St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    5
    APN
    11-11-40-184-006
    Parking
    2
    Parking features
    Driveway
    Basement
    Full, Daylight, Crawl Space
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Steam
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Stucco
    Roof type
    Composition

    Tree House Realty Group Inc. (734) 663-4305

    Listing agent Susan Fecteau (734) 637-3333

    Listing date Nov 20, 2025

    MLS# 25059152 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ypsilanti Multifamily Investment Property

    This multifamily property, located in Ypsilanti, MI, presents an investment opportunity near EMU. The property features solid construction, hardwood floors, original woodwork, high ceilings, and leaded glass beveled windows in the grand staircase. The kitchen and baths have been fully updated. The units are desirable rentals, not typical rental-unit quality. The property includes a small yard and a driveway that holds two cars, and it is adjacent to a city parking lot. The upstairs unit has a third-floor half story, creating a large second bedroom. Both units are equipped with dishwashers and newer appliances. Shared laundry facilities are located in the basement. There is potential to create a third unit in the basement, as zoning allows, offering an opportunity to increase cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.618945
    Latitude
    42.245094

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    FAQs

    What type of property is this?
    Duplex - Excellent investment property near EMU with potential for a third unit.
    Where is this duplex located?
    The property is located at 308 Ballard St Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Excellent investment property, explore the potential to create a 3rd unit in the basement for increased cash flow (zoning allows).; - Enjoy fully updated kitchen and baths.; - Desirable rental units include dishwashers and newer appliances.
    (734) 637-3333
    Request Owner's contact information
    308 Ballard St Ypsilanti, MI 48197
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    Ypsilanti, MI 48197
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Ballard St Ypsilanti, MI 48197
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