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    427 Ballard St Ypsilanti, MI 48197

    For Sale
    $469,000

    MULTI_FAMILY - Ypsilanti, MI

    Lot size:
    0.26 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 13 at 12:06 am

    Property Features for 427 Ballard St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 12, Bedroom 6, Bedroom 10, Bedroom 3, Bedroom 5, Bedroom 9, Bedroom 11, Bedroom 1, Basement, Bedroom 2, Bedroom 7, Bedroom 8
    Bedrooms
    12
    APN
    11-11-40-113-019
    Parking
    10
    Parking features
    Driveway
    Basement
    Full
    Lot size
    0.26 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Baseboard

    Building Details

    Year built
    1894
    Number of units
    14
    Building materials
    Stone, Wood Siding

    The Edward Surovell Company (734) 665-9800 [email protected]

    Listing agent Hody List (734) 223-8179

    Listing date Oct 14, 2025

    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 Property Near EMU

    This well-maintained 14-unit multifamily property is situated in close proximity to Eastern Michigan University. Each unit is equipped with a refrigerator. Residents can enjoy three large porches. The property benefits from a generous lot with 10 parking spaces. An on-site property manager's office provides added convenience. The location offers convenient access to Downtown Ypsilanti and Depot Town. It is a short drive to the University of Michigan, Downtown Ann Arbor, St. Joseph's and U-M Hospitals. Quick access to I-94, US-23, and M-14 is available. The property is located near the AATA bus line. The lot size is 0.26 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.619614
    Latitude
    42.247053

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 14-unit property near Eastern Michigan University.
    Where is this apartment building located?
    The property is located at 427 Ballard St Ypsilanti, MI.
    What is the asking price?
    The asking price for this property is $469,000.
    What are key features of this property?
    This property features: - Prime location near Eastern Michigan University, Downtown Ypsilanti, Depot Town, University of Michigan, and major hospitals.; - Well-maintained 14-unit property with on-site property manager's office.; - Generous lot with **10 parking spaces**.
    (734) 223-8179
    Request Owner's contact information
    427 Ballard St 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
    427 Ballard St Ypsilanti, MI 48197
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