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
Last Updated: January - 20 - 2026
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