USAMIAnn ArborTraver Add803 Jones Dr
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$459,900

803 Jones Dr, Ann Arbor, MI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1499 sqft
Garage No
Taxes $9,784
Days Active 2
Lot Size 
Approx. Age 1901
Avg. Price Per Sqft $306
MLS® Number 20251008158

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number20251008158
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1901
BasementPartial, Unfinished
Driveway
Garage Spaces
HeatBaseboard, Hot Water, Natural Gas
A/C
Heating Fuel

Extras

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