For Sale
1104 Packard Street, Ann Arbor, MI 48104
$2,575,000
MLS # 26022524 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19200.15 acres
1 / 7
Listing 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.
Source: SparkMLS
About this home
Listed at $2,575,000.
Property tax estimate: $32,843 per year ($2,737/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.15 acres
Year Built1920
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionVinyl Siding
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed5/14/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$32,843
Tax Year2025
Assessed Value$473,847
Parcel #09-09-33-215-025
Source: SparkMLS
Legal Description
LOT 51 ASSESSORS PLAT NO 13
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Christopher Vessels
Metro Property Services
Frequently Asked Questions about 1104 Packard Street, Ann Arbor, MI 48104
Which school district serves 1104 Packard Street, Ann Arbor, MI 48104?
Per MLS# 26022524, 1104 Packard Street, Ann Arbor, MI 48104 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26022524, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1104 Packard Street, Ann Arbor, MI 48104?
Per public tax records, annual property taxes for this property are $32,843 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1104 Packard Street, Ann Arbor, MI 48104 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1104 Packard Street, Ann Arbor, MI 48104 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1104 Packard Street, Ann Arbor, MI 48104?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$16,701
Principal & interest$16,701
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1104 Packard Street, Ann Arbor, MI 48104
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Municipality
Walkable To University Of Michigan
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County
Washtenaw County
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