Six-Bedroom Multifamily
New
For Sale
$275,000
309 Ballard Street, Ypsilanti, MI 48197
Shared common rooms and included appliances support the property's current boarding-house setup.
Property SizeContact for details
Days on Market6
Property Features for 309 Ballard Street
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multi Family Home
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,974
Amenities
shared living room
shared dining room
shared kitchen
kitchen appliances
laundry in basement
detached garage
upstairs storage
Building Details
Year Built
1850
Buildings
1
Units
6
Listing Agency:
The Charles Reinhart Company
(734) 971-6070
Listed By:
Scott Bethune · License #6501389017
(734) 417-0786
Source:
Case-realty
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 5:05PM
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
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Investment Insights
Based on property information with market context.
This multifamily rental in Ypsilanti has six bedrooms and two full bathrooms and is currently operated as a boarding house. The main floor includes shared living, dining, and kitchen areas. Kitchen appliances are included, along with basement laundry. A detached garage provides additional storage space upstairs.
Four of the six units are rented, with reported monthly rental income of $2,075. The property was built in 1850 and is located near Eastern Michigan University.
Four of the six units are rented, with reported monthly rental income of $2,075. The property was built in 1850 and is located near Eastern Michigan University.
Key Highlights
- Six bedrooms and two full bathrooms
- Currently operated as a boarding house
- Four units rented
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,255
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Shared common rooms and included appliances support the property's current boarding-house setup.
Where is this multifamily property located?
The property is located at 309 Ballard Street Ypsilanti, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Six bedrooms and two full bathrooms; Currently operated as a boarding house; Four units rented
