427 Ballard Street Ypsilanti, MI ^$ 469,000

427 Ballard Street

^$ 469,000

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427 Ballard Street

Ypsilanti, MI, 48197

^$ 469,000

Studio Baths0.0

Monthly Estimate*

^$ 2,926

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $469,000. This home was built in 1894 on a lot size of 0.26.

Great location! This well-maintained 14-unit property is close to Eastern Michigan University. Each unit includes a fridge, and residents enjoy the charm of three large porches plus a generous lot with 10 parking spaces. An on-site property manager's office adds convenience. The property is ideally situated near Downtown Ypsilanti, Depot Town, and just a short drive to the University of Michigan, Downtown Ann Arbor, St. Joseph's and U-M Hospitals, with quick access to I-94, US-23, and M-14. It's also close to the AATA bus line. Showings require 72 hours' notice. Financial and building information available upon request. Seller and agent will attend all showings with pre-approved, qualified buyers. No lockbox on site.

Multi-Family Active

Price

^$ 469,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 8,759

Style

Lot Size

0.26

Year Built

1894

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

70497656

Features

General

Heating Baseboard Forced Air

Status Active Active

Year Built 1894

County Washtenaw

Class MULTIFAMILY

Type Multi-Family

Ownership Other/See Remarks

Municipality Ypsilanti

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Ypsilanti (81033)

Primary City Ypsilanti

Directions S Forest to Ballard

City Ypsilanti

School District Ypsilanti Public School District

Financial Terms Cash Conventional FHA

Legal Description *OLD SID - 11 11-424-029-00 YP CITY 43W-28 LOT 29 AND N 10 FT OF LOT 30NORMAL SCHOOL ADDITION. 427 BALLARD

DOM 68

Postal Code 48197

Public Remarks Great location! This well-maintained 14-unit property is close to Eastern Michigan University. Each unit includes a fridge

Interior

Basement MI Basement Other

Total Number of Units 14

Fuel Type Natural Gas

Exterior

Exterior Stone Wood

Frontage 76

Lot Size Area 0.26

Lot Dimensions 76X151

Lot Description Sidewalks

Roads City/County

Waterfront Y/N No

* Excluded Features

List By

Hody List

Listing Agent

Howard Hanna Real Estate

Broker

HodyList@HowardHanna.com

Affordability Calculator

$3,656

Per Month

Monthly Principal & Interest: $2,926
Monthly Property Taxes: $730
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ypsilanti, MI

Average List Price ^$478,800

Percent of Sale Price 2%

About Ypsilanti, MI

20,639 Population

-8% Since 2002

^$38,265 Median Income

27.51 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1367115 Elementary School

1367113 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/3/2025	$469,000		Listed Price

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427 Ballard Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $469,000 with a lot size of 0.26. 427 Ballard Street is a studio with 0.0 baths and was built in 1894. The property's zip code is 48197 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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427 Ballard Street

Multi-Family Home for sale in Ypsilanti, MI

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