Renovated Duplex Near
For Sale
$299,000
118 Ballard Street, Ypsilanti, MI 48197
Two leased units combine updated building systems with on-site coin laundry near campus.
Property SizeContact for details
Days on Market18
Property Features for 118 Ballard Street
General Information
Standard status
Active
Total Parking Spaces
9
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$36,849
Taxes and HOA fees
Annual Taxes
$4,491
Amenities
coin laundry
Building Details
Year Built
1894
Year Renovated
2017
Units
2
Tenancy
Multi
Listing Agency:
The Charles Reinhart Company
(734) 645-3110
Listed By:
Ayad Ridha
(734) 645-3110
Source:
Insiderealty
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 28 at 11:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Charles Reinhart Company
Investment Insights
Based on property information with market context.
This duplex includes two separately leased residences with a four-bedroom, 1.5-bath unit and a two-bedroom, one-bath unit. Both leases extend into August 2027, providing established occupancy at closing. A shared coin-operated laundry adds a practical amenity for residents.
Originally built in 1894, the property underwent a comprehensive interior and exterior renovation in 2017. The work included new HVAC, plumbing, electrical, insulation, drywall, siding, and windows. The duplex is located at 118 Ballard St in Ypsilanti, near campus.
Originally built in 1894, the property underwent a comprehensive interior and exterior renovation in 2017. The work included new HVAC, plumbing, electrical, insulation, drywall, siding, and windows. The duplex is located at 118 Ballard St in Ypsilanti, near campus.
Key Highlights
- Two‑unit duplex with one 4‑bedroom, 1.5‑bath residence and one 2‑bedroom, 1‑bath residence
- Both units are leased through August 2027, with lease expirations on 8/8/27 and 8/1/27
- 2017 renovation included new HVAC, plumbing, electrical, insulation, drywall, siding, and windows
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 48197, MI
67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units combine updated building systems with on-site coin laundry near campus.
Where is this duplex located?
The property is located at 118 Ballard Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex with one 4‑bedroom, 1.5‑bath residence and one 2‑bedroom, 1‑bath residence; Both units are leased through August 2027, with lease expirations on 8/8/27 and 8/1/27; 2017 renovation included new HVAC, plumbing, electrical, insulation, drywall, siding, and windows
