803 Jones Drive new Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48105
Key Details
Property Type Multi-Family
Sub Type Duplex,Upper/Lower Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $306
Subdivision Traver Add
MLS Listing ID 20251008158
Style Duplex,Upper/Lower Apartment
Bedrooms 2
Full Baths 2
Year Built 1901
Annual Tax Amount $9,784
Lot Size 4,791 Sqft
Property Sub-Type Duplex,Upper/Lower Apartment
Property Description
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.
Location
State MI
County Washtenaw
Area Ann Arbor
Zoning Multi-Family
Interior
Heating Baseboard,Hot Water
Laundry 1
Exterior
Garage Spaces 2.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood,Shingle Siding
Schools
School District Ann Arbor
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional