For Sale13d on marketHistoric · 132 yrs
427 Ballard St
Ypsilanti, MI, 48197 • Riverside • Washtenaw County
$430,000
$96/sqft
14Beds
3Baths
4,473Sqft
0.26 acLot
1894Built
Property DNA
Early American Style
Built 1894 · 132 years of history
NORMAL SCHOOL ADD
Riverside
Outdoor Living
Porch
Garage
Garage · Parking Lot
This home is getting attention
Listed 13 days ago · 341 views · 21 saves
Market activity
Demand and pricing signals for this listing
341 views
People checking out this listing
21 saves
Buyers have saved this home
13 days on market
Recently listed
$96/sqft
Price per square foot
About this home
Multi Family · Built 1894 · Historic
Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes. The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on each level. The layout is functional and well-suited for room-by-room leasing, providing consistent occupancy opportunities. Common areas are designed for practical daily use, and the structure offers solid fundamentals for continued rental operation. Situated in an established neighborhood with close proximity to public transportation, campus amenities, dining, and shopping, this property appeals to students, workforce tenants, and long-term room renters alike. Whether you are looking to expand your rental portfolio or acquire a turnkey income-producing property in the Ypsilanti market, 427 Ballard presents a compelling opportunity. Serious investors with proof of funds/ commercial pre-approval - inquire for financials and current occupancy details.
Estimated monthly payment
Based on current rates
$2,697/month
Principal & Interest$2,124
Property Tax$430
Insurance$143
Down payment20% ($86,000)
3%50%
Est. 6.28% rate · 30yr fixed · $344,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1894
HeatingBaseboard, Forced Air, Natural Gas
ParkingGarage
Days on Zillow13 Days
Price/sqft$96
Property
Home typeMulti Family
Sub-typeMulti Family
StyleEarly American
Year built1894
Stories2
Systems
HeatingBaseboard, Forced Air, Natural Gas
RoofAsphalt
ConstructionAluminum Siding, Vinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage, Parking Lot
BasementFinished,Full
Lot0.26 Acres
Location & Tax
NeighborhoodRiverside
Annual tax$8,687
Parcel111140113019
Bathrooms & Fees
Full baths3
Features & details
5 categories of property features
Interior Features
Heating
Baseboard
Forced Air
Natural Gas
Exterior Features
Parking
Garage
Parking Lot
Construction
Aluminum Siding
Vinyl Siding
Patio & Porch
Porch
Pool Features
None
Listing insights
Market data and value estimates
StatusFor Sale
Days on market13
Est. value$424,500
Est. rent$1,151/mo
Tax rate1.49%
Price/sqft$96
On marketMar 12, 2026
PostedMar 25, 2026
MLS updatedApr 1, 2026
Tour days9
Views341
Favorites21
How are the schools in Ypsilanti?
3 schools rated nearby
Location
Ypsilanti, MI, 48197
Price history
5 events
DateEventPrice$/sqftSource
Apr 1, 2026Listed For Sale$430,000$96Realcomp II
Mar 23, 2026Pending Sale$430,000$96Realcomp II
Mar 13, 2026Listed For Sale$430,000$96Realcomp II
Jan 1, 2026Listing Removed$469,000$105MichRIC
Oct 3, 2025Listed For Sale$469,000$105MichRIC
Listed For Sale$430,000
Apr 1, 2026•$96/sqft•Realcomp II
Pending Sale$430,000
Mar 23, 2026•$96/sqft•Realcomp II
Listed For Sale$430,000
Mar 13, 2026•$96/sqft•Realcomp II
Listing Removed$469,000
Jan 1, 2026•$105/sqft•MichRIC
Listed For Sale$469,000
Oct 3, 2025•$105/sqft•MichRIC
Tax history
26 years of records
YearTax paidAssessed value
Apr 7, 2025$8,622$175,500
Apr 7, 2024—$163,200
Apr 7, 2023—$163,100
Apr 7, 2022—$146,700
Apr 7, 2021—$135,500
Apr 7, 2020$8,038$126,700
Apr 7, 2019—$114,800
Apr 7, 2018—$104,900
Apr 7, 2017$7,218$100,500
Apr 7, 2016$7,218$83,459
Apr 7, 2015—$83,210
Apr 7, 2014—$81,500
Apr 7, 2013—$81,500
Apr 7, 2012—$81,300
Apr 7, 2011—$90,000
Apr 7, 2010—$96,125
Apr 7, 2009—$96,415
Apr 7, 2008—$92,352
Apr 7, 2007—$90,276
Apr 7, 2005—$127,600
Apr 7, 2004—$112,600
Apr 7, 2003—$104,200
Apr 7, 2002$5,633$90,300
Apr 7, 2001$4,760$89,100
Apr 7, 2000$3,602$86,600
Apr 7, 1999$1,511$74,800
Nearby homes
Neighborhood details
Local context around this listing
Ypsilanti, MI • Washtenaw County
Nearby neighborhoods
Ashford VillageCollege HeightsGolf Side LakeHeritage ParkHistoric South SideMidtownNormal ParkRiversideRosewood VillageWellesley Gardens
Nearby cities
Ann ArborChelseaDexterNorthvillePlymouthSalineSouth LyonSuperior
Nearby zip codes
4819748198
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