Excellent investment opportunity within walking distance of downtown Ann Arbor, University of Michigan campus, and Kerrytown shops and restaurants. This renovated and well-maintained duplex offers a 3-bed, 1-bath upper unit (last rented thru Aug 2023 at $2,200/mo) and a 2-bed, 1-bath lower unit (currently rented at $1,650/mo through June 2024). Both units are fully renovated with granite countertops, stainless steel appliances, tile backsplash, hardwood / tile flooring (no carpet anywhere!), and updated bathrooms. Top unit is currently vacant (though there are interested renters) and ready for you (or your student) to move in while the other unit helps to pay the mortgage. Rental Certificate of Occupancy with City of Ann Arbor good through April 7, 2025. Grow your investment portfolio with this low maintenance duplex in an ideal location. See agent remarks for additional showing & property information.
Last Agent to Sell the Property
Alexandra Bucklin
Radrick Realty LLC License #6501433312 Listed on: 10/26/2023
Last Buyer's Agent
Alexandra Bucklin
Radrick Realty LLC License #RCO-6501433312
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Outdoor Features
Utilities
Listing and Financial Details
Overview
Amenities
Pet Policy
$459,900
Welcome to 803 Jones Drive—a prime two-unit multifamily investment in one of Ann Arbor’s most desirable locations. Just a short stroll to the Broadway Bridge corridor and everything downtown has to offer, this 1,499 sq ft property features two well-maintained units, each with 2 bedrooms and 1 updated bathroom.The first-floor unit showcases original hardwood floors and is currently rented at
Suzette Collins EXP Realty Main
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Liberty Title | |
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $185,000 | Sst | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $129,000 | -- | |
| Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $95,500 | Credit Line Revolving | |
| Previous Owner | $212,657 | FHA | |
| Previous Owner | $166,500 | Unknown | |
| Previous Owner | $136,000 | Unknown |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $500,000 | 0.0% | $267 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | For Sale | $499,900 | +127.2% | $267 / Sq Ft |
| 07/25/2013 07/25/13 | Sold | $220,000 | -4.3% | $118 / Sq Ft |
| 07/03/2013 07/03/13 | Pending | -- | -- | -- |
| 12/16/2012 12/16/12 | For Sale | $229,900 | -- | $123 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,935 | $209,600 | $0 | $0 |
| 2024 | $8,958 | $195,100 | $0 | $0 |
| 2023 | $7,131 | $190,300 | $0 | $0 |
| 2022 | $7,555 | $176,100 | $0 | $0 |
| 2021 | $7,341 | $176,000 | $0 | $0 |
| 2020 | $7,110 | $190,400 | $0 | $0 |
| 2019 | $6,782 | $163,800 | $163,800 | $0 |
| 2018 | $6,654 | $172,600 | $0 | $0 |
| 2017 | $6,419 | $127,500 | $0 | $0 |
| 2016 | $6,255 | $101,089 | $0 | $0 |
| 2015 | $5,321 | $100,787 | $0 | $0 |
| 2014 | $5,321 | $93,184 | $0 | $0 |
| 2013 | -- | $93,184 | $0 | $0 |
A
Seller's Agent in 2023
Alexandra Bucklin
Radrick Realty LLC
S
Seller's Agent in 2013
Susan Walters
Keller Williams Ann Arbor Mrkt
Buyer's Agent in 2013
Nancy Bishop
The Charles Reinhart Company
(734) 646-1333
3 in this area
380 Total Sales
Source: Realcomp
MLS Number: 20230090731
APN: 09-30-115-006
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393