For Sale
517 2nd Street, Ann Arbor, MI 48103
$475,000
MLS # 26036080 (Michigan Regional Information Center (MichRIC))
0.09 acres
1 / 21
Listing Description
Bring your builder and your dreams - rare opportunities like this seldom come along in Ann Arbor's beloved Old West Side neighborhood. This property offers the chance to build a brand new home designed for modern living while surrounded by the timeless charm of beautifully preserved early 1900s homes. Zoned R2A, the property also includes a driveway easement and provides exceptional depth creating many possibilities. Life on the Old West Side is about more than a home, it's about becoming part of one of Ann Arbor's most treasured neighborhoods. Quiet, tree-lined streets, welcoming front porches, and a true sense of community create an atmosphere that's increasingly hard to find. Just around the corner, neighbors gather at Jefferson Market for brunch and conversation. Situated nearby is Argus Farm Stop offering locally sourced groceries, fresh flowers, cappuccinos, and pastries. After dinner, hop on over to the Washtenaw Dairy or Blank Slate Creamery for a sweet treat. In this
Source: SparkMLS
About this home
Asking $475,000.
Property tax estimate: $2,295 per year ($191/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Property SubtypeLot
Bathrooms0
Lot Size0.09 acres
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
WaterPublic
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Phone Available, Storm Sewer, None
Sale & Financing
Listed7/14/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,295
Tax Year2025
Assessed Value$33,518
Parcel #09-09-29-317-016
Source: SparkMLS
Legal Description
S 30 FT LOT 3 B5S R1E WILLIAM S MAYNARDS ADDN
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 Talia Anderson
Real Estate One Inc
Frequently Asked Questions about 517 2nd Street, Ann Arbor, MI 48103
What school district is 517 2nd Street, Ann Arbor, MI 48103 in?
Per MLS# 26036080, this property is served by Ann Arbor. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 517 2nd Street, Ann Arbor, MI 48103?
Per MLS# 26036080, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26036080, the most recent reported annual property tax for 517 2nd Street, Ann Arbor, MI 48103 is $2,295 (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.
Is 517 2nd Street, Ann Arbor, MI 48103 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 517 2nd Street, Ann Arbor, MI 48103 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public Sewer. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$3,081
Principal & interest$3,081
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
517 2nd Street, Ann Arbor, MI 48103
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Municipality
Manistee
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County
Washtenaw County
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