1104 Packard Street, Ann Arbor, MI 48104 (MLS# 26022524)

1104 Packard Street, Ann Arbor, MI 48104

New Listing

$2,575,000

Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $2,575,000 List Date: 5/15/2026 Last Modified: 5/15/2026

Overview

Description

Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Must sell as a package with the adjacent property at 1102 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.

Listing Details MLS# 26022524

Location Property Info

County: Washtenaw
Street #: 1104
Street Name: Packard
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 3846

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6534
Lot Acres: 0.15
Lot Dimensions: 50x130
Year Built: 1920
New Construction: Yes
Construction Status: Completed
Road Frontage: 50
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3637
Total Parking Spaces: 8
Waterfront: No
School District: Ann Arbor
Basement: Yes

Tax Info

Tax ID #: 09-09-33-215-025
Taxable Value: 473847
SEV: 483300
For Tax Year: 2025
Seller's Annual Property Tax: 32843
Tax Year: 2025
Spec Assessment & Ty: -
Zoning: R4C
Homestead %: 0

Remarks Misc

Directions: Located on Packard between Dewey and Sylvan

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: Unit #1
Occupied: Yes
Bathrooms: 2
Full Baths: 2
A/C Unit: Yes
Central Air: Yes
Dishwasher: Yes
Garb Disp: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit Description: Unit #2
Occupied: Yes
Bathrooms: 2
Full Baths: 2
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garb Disp: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 3

Unit Description: Unit #3
Occupied: Yes
Bathrooms: 3
Full Baths: 3
Range/Oven: Yes
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garb Disp: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Sylvan & E University
Property Sub-Type: 2 to 4 Units
Municipality: Ann Arbor

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 708

Remarks & Misc

Public Remarks: Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Must sell as a package with the adjacent property at 1102 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.
Legal: LOT 51 ASSESSORS PLAT NO 13

Street Type

Paved: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

In Unit: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Concrete: Yes

Substructure

Full: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Unit Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Paved Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Central Air; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 3: Range/Oven; A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Refrigerator; Sep. Heat System; Washer/Dryer

Listing Office: Metro Property Services

Listing Agent: Christopher Vessels

Last Updated: May - 15 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.