Property Type:
Multi Family
Lot Size (sq. ft.):
2,614
Status:
Active
Current Price:
$360,000
List Date:
11/20/2025
Last Modified:
3/05/2026
308 Ballard Street, Ypsilanti, MI 48197
$360,000
Description
Excellent investment property close to EMU. Possibility to turn basement into 3rd unit - excellent upside to improve this investment! Seller willing to share plans. If you love old houses, you'll appreciate this grand lady! Solid construction, hardwood floors, original woodwork most of which is still unpainted, high ceilings, leaded glass beveled windows in grand staircase. Fully updated kitchen and baths.This one is NOT typical rental-unit quality. Very desirable rentals. Small yard, driveway holds 2 cars, adjacent to city parking lot. Upstairs unit has 3rd floor half story makes for enormous 2nd bedroom. Both units have dishwashers, newer appliances, shared laundry in basement. Excellent potential to create a 3rd unit in the basement as zoning allows - great opportunity to create more cash flow.
More Information MLS# 25059152
Location & Property Info
Cross Streets: S of Cross, N of Emmett
Property Sub-Type: 2 to 4 Units
Area: Ann Arbor/Washtenaw - A
Municipality: Ypsilanti City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 134.38
General Property Info
New Construction: No
Lot Dimensions: 45 x 57
Road Frontage: 45
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-03-01
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2679
Total Parking Spaces: 2
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 2614
Lot Acres: 0.06
Year Built: 1910
Tax Info
Taxable Value: 159134
SEV: 172300
For Tax Year: 2025
Seller's Annual Property Tax: 13050
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: CN
Tax ID #: 11-11-40-184-006
Remarks & Misc
Public Remarks: Excellent investment property close to EMU. Possibility to turn basement into 3rd unit - excellent upside to improve this investment! Seller willing to share plans. If you love old houses, you'll appreciate this grand lady! Solid construction, hardwood floors, original woodwork most of which is still unpainted, high ceilings, leaded glass beveled windows in grand staircase. Fully updated kitchen and baths.This one is NOT typical rental-unit quality. Very desirable rentals. Small yard, driveway holds 2 cars, adjacent to city parking lot. Upstairs unit has 3rd floor half story makes for enormous 2nd bedroom. Both units have dishwashers, newer appliances, shared laundry in basement. Excellent potential to create a 3rd unit in the basement as zoning allows - great opportunity to create more cash flow.
Legal: TRS 8/95 *OLD SID - 11 11-810-018-20 YP CITY 55W-27 N 45 FT OF S 124.95 FT OF LOT 18 WESTERN ADDITION.
Lot Description
Sidewalk: 1
Income and Expenses
Annual Insurance: 1515
Annual Maintenance: 3181
Annual Utilities: 2521
Street Type
Paved: 1
Public: 1
Util Avail at Street
Public Sewer: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Stucco: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Steam: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Gravel: 1
Substructure
Crawl Space: 1
Daylight: 1
Full: 1
Other: 1
Extras
Laundry Facility: 1
Sep Electric Meter: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: apt 1
SqFt: 1813
Occupied: Yes
Monthly Rent: 2000
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Deck/Patio: 1
Dishwasher: 1
Fireplace: 1
Garb Disp: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: apt 2
SqFt: 1513
Occupied: Yes
Monthly Rent: 1635
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Garb Disp: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Washtenaw
Street #: 308
Street Name: Ballard
Suffix: Street
State: MI
Zip Code: 48197
OfficeContract Info
Status: Active
Current Price: $360,000
List Price: $360,000
Listing Date: 2025-11-18
Remarks Misc
Directions: S off Cross St, just N of Emmett. Blocks from Eastern Michigan University
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Stucco
Roofing: Composition
Substructure: Crawl Space; Daylight; Full; Other
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Storm Sewer
Extras: Laundry Facility; Sep Electric Meter
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water; Steam
Air Conditioning: Window Unit(s)
Driveway: Gravel
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Fireplace; Garb Disp; Range Oven; Refrigerator
Unit 2: A/C Unit; Dishwasher; Garb Disp; Range/Oven; Refrigerator
Listing Office:
Tree House Realty Group Inc.
Listing Agent:
Susan Fecteau
Last Updated: March - 05 - 2026
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