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803 Jones Drive, Ann Arbor, MI 48105

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For Sale
Sale Pending

$459,900

2 baths • 1,499 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $306.80
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 20251008158

Courtesy Of eXp Realty
811 N. Main St., Royal Oak, MI 48067
(888) 501-7085

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Cable Ready
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.11 Acres
  • Rooms
    Basement

Map and Directions

Directions to 803 Jones Drive, Ann Arbor, MI 48105

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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