1102 Packard Street, Ann Arbor, MI 48104 (MLS# 26022525)

1102 Packard Street, Ann Arbor, MI 48104

$1,225,000

Property Type: Residential Bedrooms: 6 Baths: 2 Square Footage: 2,217 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $1,225,000 List Date: 5/15/2026 Last Modified: 6/15/2026

Overview

Description

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 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. HERD score of 1.

Listing Details MLS# 26022525

Location Property Info

County: Washtenaw
Street #: 1102
Street Name: Packard
Suffix: Street
State: MI
Zip Code: 48104

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.14
Lot Square Footage: 6098
Lot Dimensions: 50x125
Year Built: 1910
Road Frontage: 50
Garage Y/N: Yes
Garage Spaces: 2
Income Property: Yes
Total Rooms AG: 5
Total Fin SqFt All Levels: 2217
SqFt Above Grade: 2217
Below Grade Finished SqFt: 1065
Building Total SqFt: 3282
Total Beds Above Grade: 5
Total Bedrooms: 6
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Main Level Primary: No
Stories: 3
School District: Ann Arbor
Association YN: No
Waterfront: No
Basement: Yes
Below Grade Unfinished SqFt: 0

Tax Info

Tax ID #: 09-09-33-215-026
Taxable Value: 302000
SEV: 302000
For Tax Year: 2025
Seller's Annual Property Tax: 21092
Tax Year: 2025
Spec Assessment & Type: -
Zoning: R4C
Homestead %: 0

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: Yes
Upper Level Square Feet: 150

More Information

Main Rooms

Main Bedrooms: 4
Main Level SQFT: 1065

Basement Rooms

Basement Bedrooms: Yes
Basement Full Baths: Yes
Basement Finished SQFT: 1065
Total Basement SQFT: 1065

Location & Property Info

Cross Streets: Sylvan and Dewey
Property Sub-Type: Single Family Residence
Municipality: Ann Arbor

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 552.55
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 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. HERD score of 1.
Legal: LOT 50 ASSESSORS PLAT NO 13

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
High Speed Internet: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

In Basement: Yes

Exterior Material

Shingle Siding: Yes

Roofing

Composition: Yes

Parking Features

Detached: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Lower Rooms

Lower Half Baths: Yes
Lower Finished SQFT: 1064
Total Lower SQFT: 1065

Driveway

Concrete: Yes

Substructure

Walk-Out Access: Yes

Additional Items

Basement Finished: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Water Heater

Natural Gas: Yes

Flooring

Carpet: Yes
Wood: Yes

Architectural Style

Craftsman: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement Exterior Material: Shingle Siding Roofing: Composition Substructure: Walk-Out Access Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Additional Items: Basement Finished Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Water Heater: Natural Gas Flooring: Carpet; Wood Parking Features: Detached Architectural Style: Craftsman Driveway: Concrete Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None

Listing Office: Metro Property Services

Listing Agent: Christopher Vessels

Last Updated: June - 15 - 2026

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