For Sale
1237 Island Drive, 203, Ann Arbor, MI 48105
$275,000
MLS # 20261017239 (Realcomp)
2 beds1 bath871 sqftBuilt 1964
1 / 13
Listing Description
Desirable upper-level ranch condominium in a prime Ann Arbor location! Ideally situated near the University of Michigan Hospital and North Campus, this well-maintained 2-bedroom, 1-bath unit offers both convenience and comfort. The bright and inviting living room features a door wall leading to your own private balcony—perfect for relaxing or enjoying the outdoors. The kitchen comes fully equipped with all appliances and flows nicely into the main living space. Neutral décor throughout provides a clean, move-in-ready feel, just waiting for your personal touch. Enjoy the benefits of low-maintenance condo living in a community that features an in-ground pool and is adjacent to a beautiful park along the Huron River—ideal for walking, biking, or unwinding in nature. Additional amenities include a designated carport and convenient on-site laundry facilities. A fantastic opportunity in a sought-after location close to campus, medical facilities, shopping, and dining!
Source: SparkMLS
About this home
Located in River House Condos in Ann Arbor, this property offers 2-bedroom, 1-bath, 871 sq ft, with original construction dating to 1964.
Listed at $275,000 (about $316/sq ft).
Property tax estimate: $7,924 per year ($660/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 TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area871 sqft
Year Built1964
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionBrick
BasementSlab
HeatingBaseboard, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed3/16/2026
Original Price$285,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$328 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Water
Source: SparkMLS
Tax Information
Annual Tax$7,924
Parcel #090921401096
Source: SparkMLS
Legal Description
UNIT 90, BLDG 7 RIVER HOUSE CONDOMINIUM
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mark A DeMers
Opul Realty
Frequently Asked Questions about 1237 Island Drive, 203, Ann Arbor, MI 48105
Which school district serves 1237 Island Drive, 203, Ann Arbor, MI 48105?
Per MLS# 20261017239, 1237 Island Drive, 203, Ann Arbor, MI 48105 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.
What type of financing is accepted for this listing?
Per MLS# 20261017239, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1237 Island Drive, 203, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $7,924. 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, 1237 Island Drive, 203, Ann Arbor, MI 48105 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1237 Island Drive, 203, Ann Arbor, MI 48105 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 1237 Island Drive, 203, Ann Arbor, MI 48105?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. 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$2,112
Principal & interest$1,784
HOA$328
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
1237 Island Drive, 203, Ann Arbor, MI 48105
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Neighborhood
River House Condos
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Community
Ann Arbor
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County
Washtenaw County
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