Sold
803 Jones Drive, Ann Arbor, MI 48105
Sold on 09/03/2025 for$459,900
MLS # 20251008158 (Realcomp)
Built 19010.11 acres
1 / 44
Listing Description
PLEASE SUBMIT YOUR HIGHEST AND BEST OFFER BY MONDAY, JULY 21ST AT 6PM. Welcome to 803 Jones Drive—a prime two-unit multifamily investment in one of Ann Arbor’s most desirable locations. Just a short stroll to the Broadway Bridge corridor and everything downtown has to offer, this 1,499 sq ft property features two well-maintained units, each with 2 bedrooms and 1 updated bathroom.The first-floor unit showcases original hardwood floors and is currently rented at $1,800/month on a month-to-month lease, with a long-term tenant in place. The second-floor unit, also with a long-term tenant, brings in $1,450/month and features several skylights that fill the living room and kitchen with brilliant natural light. Both bathrooms have been updated, offering modern comfort while preserving the home’s classic character.A shared unfinished basement with its own entrance provides laundry access for both units. The backyard is spacious, perfect for quiet enjoyment or a shared outdoor space.Located within walking distance to the vibrant Broadway area, enjoy easy access to restaurants, cafes, bars, parks, the Amtrak station, bus lines, and the scenic Border to Border Trail. You’re also minutes from the Kerrytown Farmer’s Market, Downtown Ann Arbor, and UM's North & Central Campuses, as well as the University of Michigan and VA Hospitals.Whether you're an investor looking for a turnkey rental property, a homeowner exploring house-hacking potential, or someone seeking future development options, this well-located duplex checks all the boxes. With strong rental income, flexible leases, and an unbeatable location, 803 Jones Drive is a smart and versatile addition to any real estate portfolio.
Source: SparkMLS
About this home
Located in Lower Town in Ann Arbor, this property offers 2-bath, with original construction dating to 1901.
This home sold for $459,900.
Estimated annual property tax: $9,784, or about $815 monthly. 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1901
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionShingle Siding, Wood Siding
HeatingBaseboard, Hot Water
WaterPublic
Sale & Financing
Listed7/14/2025
Sold Date9/2/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,784
Parcel #090921300001
Source: SparkMLS
Legal Description
NW 3 RDS LOTS 45 AND 46 TRAVER ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Broadway Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Ann Arbor Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Suzette Collins
EXP Realty Main
Frequently Asked Questions about 803 Jones Drive, Ann Arbor, MI 48105
Which school district serves 803 Jones Drive, Ann Arbor, MI 48105?
Per MLS# 20251008158, 803 Jones Drive, 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 financing options are available for 803 Jones Drive, Ann Arbor, MI 48105?
Per MLS# 20251008158, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 803 Jones Drive, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $9,784. 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, 803 Jones Drive, 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 803 Jones Drive, 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.
Is 803 Jones Drive, Ann Arbor, MI 48105 in a historic district?
Per municipal ordinance records, this property is within the Broadway Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 803 Jones Drive, Ann Arbor, MI 48105. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 803 Jones Drive, Ann Arbor, MI 48105?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$2,983
Principal & interest$2,983
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
803 Jones Drive, Ann Arbor, MI 48105
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Municipality
Lower Town
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County
Washtenaw County
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