$459,900
SOLD SEP 3, 2025
-- Bed
2 Baths
1,499 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: September 3, 2025

$307 Per Sq Ft

20 Days on Market

Highlights

  • Baseboard Heating
  • Laundry Facilities
  • Wood Siding

About This Home

As of September 2025

PLEASE SUBMIT YOUR HIGHEST AND BEST OFFER BY MONDAY, JULY 21ST AT 6PM. 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 $1,800/month on a month-to-month lease, with a long-term tenant in place. The second-floor unit, also with a long-term tenant, brings in $1,450/month and features several skylights that fill the living room and kitchen with brilliant natural light. Both bathrooms have been updated, offering modern comfort while preserving the home’s classic character.
A shared unfinished basement with its own entrance provides laundry access for both units. The backyard is spacious, perfect for quiet enjoyment or a shared outdoor space.
Located within walking distance to the vibrant Broadway area, enjoy easy access to restaurants, cafes, bars, parks, the Amtrak station, bus lines, and the scenic Border to Border Trail. You’re also minutes from the Kerrytown Farmer’s Market, Downtown Ann Arbor, and UM's North & Central Campuses, as well as the University of Michigan and VA Hospitals.
Whether you're an investor looking for a turnkey rental property, a homeowner exploring house-hacking potential, or someone seeking future development options, this well-located duplex checks all the boxes. With strong rental income, flexible leases, and an unbeatable location, 803 Jones Drive is a smart and versatile addition to any real estate portfolio.

Last Agent to Sell the Property

Suzette Collins

EXP Realty Main License #6501314465 Listed on: 07/14/2025

EXP Realty Main

Last Buyer's Agent

Shaina Bertrang

Woodward Square Realty, LLC License #6501427338

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1901

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x99

Parking

  • 2 Parking Spaces

Home Design

  • 1,499 Sq Ft Home
  • Poured Concrete
  • Wood Siding
  • Shingle Siding

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 090921300001

Community Details

Overview

  • 2 Units
  • Traver Add Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,784

Year Built

Built in 1901

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1901
  • State Equalized Value: 184300.00
  • Pets Allowed: SizeLimit
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.11
  • Co List Office Mls Id: 375382
  • Above Grade Finished Sq Ft: 1499.00
  • Living Area: 1499.00
  • ClassName: ResidentialIncome
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Poured
  • Construction Materials: ShingleSiding, WoodSiding
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Disclosures: ActualIncome, AnnualPropertyOperatingDataAvailable, TaxesNotHomesteadExempt

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Baseboard, HotWater, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public
  • Laundry Features: CommonArea
  • Utilities: CableAvailable

Fee Information

  • Operating Expense: 2270.00

Schools

  • Junior High Dist: AnnArbor

Lot Info

  • Lot Dimensions: 50X99
  • Parcel Number: 090921300001
  • Land Lease Expiration Date: 2026-07-14
  • Zoning Description: MultiFamily

Rental Info

  • Rent Includes: Heat, Sewer, TrashCollection, Water
  • Monthly Rental Income: 3250.00

Tax Info

  • Tax Amount Summer: 7586.00
  • Tax Amount Winter: 2198.00
  • Tax Annual Amount: 9784.00

Multi Family

  • Gross Scheduled Income: 39000.00
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Sep 2, 2025
Sold by
Bought by
Seller's Agent
Suzette Collins
EXP Realty Main
Buyer's Agent
Shaina Bertrang
Woodward Square Realty, LLC
List Price
$459,900
Sold Price
$459,900
Views
19
Current Estimated Value
$474,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,329
Avg. Annual Appreciation
3.43%
Original Mortgage
$436,905
Outstanding Balance
$433,039
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$41,190

Purchase Details

Closed on
Sep 22, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,326
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $459,900 American Title
Warranty Deed $258,500 Capital Title Ins Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $436,905 New Conventional
Previous Owner $253,326 FHA
Previous Owner $125,000 New Conventional
Previous Owner $120,500 New Conventional
Previous Owner $161,850 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $459,900 0.0% $307 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $459,900 -- $307 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,478 $206,000 $0 $0
2025 $7,799 $194,900 $0 $0
2024 $7,586 $184,300 $0 $0
2023 $7,004 $171,800 $0 $0
2022 $8,478 $167,100 $0 $0
2021 $8,238 $162,200 $0 $0
2020 $7,979 $160,900 $0 $0
2019 $6,542 $139,800 $139,800 $0
2018 $6,437 $131,600 $0 $0
2017 $6,239 $123,600 $0 $0
2016 $5,118 $113,439 $0 $0
2015 $4,410 $113,100 $0 $0
2014 $4,410 $71,797 $0 $0
2013 -- $71,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251008158

Realcomp

APN: 09-21-300-001

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