Great investment opportunity in the city of Ypsilanti, close to EMU! This 6 bedroom, 2 full bath rental is currently used as a boarding house. Four of the units are currently rented, generating $2075 per month. Shared living room, dining room and kitchen on main level. All kitchen appliances stay, including the laundry in the basement. There is a detached garage with an upstairs for extra storage. No seller financing.
Active
$275,000
309 Ballard St, Ypsilanti, MI 48197
6beds
--baths
--sqft
5+ Units
Built in 1850
-- sqft lot
$270,000 Zestimate®
$--/sqft
$-- HOA
What's special
Detached garageUpstairs for extra storageLaundry in the basementAll kitchen appliances stay
- 14 days
- 151
- 9
Zillow last checked:
Listing updated:
Listed by:
Scott Bethune 734-417-0786,
The Charles Reinhart Company 734-971-6070
Source: MichRIC,MLS#: 26053352
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Michigan Basement
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Driveway
Lot
- Size: 5,227 Square Feet
- Dimensions: 50.0' x 100.0'
- Features: Sidewalk
Details
- Parcel number: 111140183016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Ypsilanti
Financial & listing details
- Tax assessed value: $72,938
- Annual tax amount: $5,974
- Date on market: 10/7/2026
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$270,000
$257,000 - $284,000
$1,544/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $275,000+45.5% |
Source: | ||
| 5/31/2008 | Listing removed | $189,000 |
Source: eWebEngine #2800041 Report a problem | ||
| 11/16/2007 | Listed for sale | $189,000 |
Source: eWebEngine #2800041 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,831 +1.7% | $141,000 +10.3% |
| 2025 | $5,733 | $127,800 +6.4% |
| 2024 | -- | $120,100 +5.9% |
| 2023 | -- | $113,400 +16.2% |
| 2022 | -- | $97,600 +3.8% |
| 2021 | -- | $94,000 +2.2% |
| 2020 | $5,344 | $92,000 +6.2% |
| 2019 | -- | $86,600 +17.5% |
| 2018 | -- | $73,700 +4.4% |
| 2017 | $4,800 | $70,600 +27.2% |
| 2016 | $4,800 | $55,493 +0.3% |
| 2015 | -- | $55,328 +3.2% |
| 2014 | -- | $53,600 |
| 2013 | -- | $53,600 -6% |
| 2012 | -- | $57,000 -7.5% |
| 2011 | -- | $61,627 +1.7% |
| 2010 | -- | $60,597 -0.3% |
| 2009 | -- | $60,780 +4.4% |
| 2008 | -- | $58,219 +2.3% |
| 2007 | -- | $56,911 -31.4% |
| 2005 | -- | $83,000 +2% |
| 2004 | -- | $81,400 +8.8% |
| 2003 | -- | $74,800 +14.7% |
| 2002 | $3,551 +18.4% | $65,200 +6.5% |
| 2001 | $3,001 +32.1% | $61,200 +10.1% |
| 2000 | $2,271 +138.4% | $55,600 +4.3% |
| 1999 | $952 | $53,300 |
Find assessor info on the county website
Monthly payment
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