1702 Hill Street, Ann Arbor, MI 48104 (MLS# 25059082)

1702 Hill Street, Ann Arbor, MI 48104

$1,950,000
Property Type: Multi Family Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $1,950,000 List Date: 11/19/2025 Last Modified: 1/20/2026

Description

Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability.

Supplements: Wide-plank engineered flooring, stainless steel appliances, butcher-block islands, ample pantry space, fantastic decks overlooking the backyard, modern bathroom finishes, and full-size laundry. Bedroom layouts are well sized to accommodate full beds, desks, and dressers, contributing to consistent leasing performance. The lower-level walk-out includes a full bath, natural light via large windows, and pre-plumbing for a future kitchen, offering optional recreation space for tenants or an owner area. With executed leases in place and substantial improvements completed, this property presents a compelling blend of income stability and long-term ownership appeal.

More Information MLS# 25059082

Location & Property Info

Cross Streets: Washtenaw & Oxford Property Sub-Type: 2 to 4 Units Area: Ann Arbor/Washtenaw - A Municipality: Ann Arbor Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 100 x 119 Road Frontage: 121.5 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2027-08-28 Waterfront: No Basement: Yes Total # Units: 2 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Parking Spaces: 8 School District: Ann Arbor Elementary School: Angell Elementary School High School: Huron High School Middle School: Tappan Middle School Association YN: No Lot Measurement: Acres Lot Square Footage: 12197 Lot Acres: 0.28 Year Built: 1920

Tax Info

Taxable Value: 531635 SEV: 599400 For Tax Year: 2025 Seller's Annual Property Tax: 36607 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: No Zoning: R2B Tax ID #: 09-09-28-406-002

Remarks & Misc

Public Remarks: Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability. Legal: LOT 7 AND WLY PART OF LOT 8 HAVING FRONTAGE OF 121 FT ON HILL ST AND 79.22 FT ON SL OF LOTS C H MILLESN 2ND ADDITION

Lot Description

Sidewalk: 1

Street Type

Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 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

In Unit: 1 Laundry Closet: 1

Exterior Material

Other: 1

Roofing

Other: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1 Water: 1

Driveway

Gravel: 1

Substructure

Full: 1 Walk-Out Access: 1

Extras

Sep Electric Meter: 1 Sep Gas Meter: 1

Owner Pays

Water: 1

Unit 1

Unit #: 1702 Unit Description: 1st Floor SqFt: 1526 Bedrooms: 4 Bathrooms: 3 Full Baths: 2 Half Baths: 1 Central Air: 1 Deck/Patio: 1 Dishwasher: 1 Garb Disp: 1 Range Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Unit 2

Unit #: 1704 Unit Description: Second Floor SqFt: 1812 Bedrooms: 4 Bathrooms: 3 Full Baths: 2 Half Baths: 1 Central Air: 1 Deck/Patio: 1 Dishwasher: 1 Garb Disp: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Washtenaw Street #: 1702 Street Name: Hill Suffix: Street State: MI Zip Code: 48104 Zip (4): 2641

OfficeContract Info

Status: Active Current Price: $1,950,000 List Price: $1,950,000 Listing Date: 2025-11-19

Remarks Misc

Directions: Washtenaw to Hill St.

Property Features

Laundry Features: In Unit; Laundry Closet Exterior Material: Other Roofing: Other Substructure: Full; Walk-Out Access Lot Description: Sidewalk 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; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Water Tenant Pays: Electric; Gas; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Gravel Street Type: Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Savarino Properties Inc
Listing Agent: John Wade
IDX
Last Updated: January - 20 - 2026
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