1702 Hill Street, Ann Arbor, MI 48104 (MLS# 25059082)

1702 Hill Street, Ann Arbor, MI 48104

$1,950,000
Property Type: Multi Family Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $1,950,000 List Date: 11/19/2025 Last Modified: 1/20/2026

Description

Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability.

Supplements: Wide-plank engineered flooring, stainless steel appliances, butcher-block islands, ample pantry space, fantastic decks overlooking the backyard, modern bathroom finishes, and full-size laundry. Bedroom layouts are well sized to accommodate full beds, desks, and dressers, contributing to consistent leasing performance. The lower-level walk-out includes a full bath, natural light via large windows, and pre-plumbing for a future kitchen, offering optional recreation space for tenants or an owner area. With executed leases in place and substantial improvements completed, this property presents a compelling blend of income stability and long-term ownership appeal.

More Information MLS# 25059082

Location & Property Info

Cross Streets: Washtenaw & Oxford Property Sub-Type: 2 to 4 Units Area: Ann Arbor/Washtenaw - A Municipality: Ann Arbor Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 100 x 119 Road Frontage: 121.5 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2027-08-28 Waterfront: No Basement: Yes Total # Units: 2 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Parking Spaces: 8 School District: Ann Arbor Elementary School: Angell Elementary School High School: Huron High School Middle School: Tappan Middle School Association YN: No Lot Measurement: Acres Lot Square Footage: 12197 Lot Acres: 0.28 Year Built: 1920

Tax Info

Taxable Value: 531635 SEV: 599400 For Tax Year: 2025 Seller's Annual Property Tax: 36607 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: No Zoning: R2B Tax ID #: 09-09-28-406-002

Remarks & Misc

Public Remarks: Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability. Legal: LOT 7 AND WLY PART OF LOT 8 HAVING FRONTAGE OF 121 FT ON HILL ST AND 79.22 FT ON SL OF LOTS C H MILLESN 2ND ADDITION

Lot Description

Sidewalk: 1

Street Type

Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Public Sewer: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Laundry Features

In Unit: 1 Laundry Closet: 1

Exterior Material

Other: 1

Roofing

Other: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1 Water: 1

Driveway

Gravel: 1

Substructure

Full: 1 Walk-Out Access: 1

Extras

Sep Electric Meter: 1 Sep Gas Meter: 1

Owner Pays

Water: 1

Unit 1

Unit #: 1702 Unit Description: 1st Floor SqFt: 1526 Bedrooms: 4 Bathrooms: 3 Full Baths: 2 Half Baths: 1 Central Air: 1 Deck/Patio: 1 Dishwasher: 1 Garb Disp: 1 Range Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Unit 2

Unit #: 1704 Unit Description: Second Floor SqFt: 1812 Bedrooms: 4 Bathrooms: 3 Full Baths: 2 Half Baths: 1 Central Air: 1 Deck/Patio: 1 Dishwasher: 1 Garb Disp: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Washtenaw Street #: 1702 Street Name: Hill Suffix: Street State: MI Zip Code: 48104 Zip (4): 2641

OfficeContract Info

Status: Active Current Price: $1,950,000 List Price: $1,950,000 Listing Date: 2025-11-19

Remarks Misc

Directions: Washtenaw to Hill St.

Property Features

Laundry Features: In Unit; Laundry Closet Exterior Material: Other Roofing: Other Substructure: Full; Walk-Out Access Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Water Tenant Pays: Electric; Gas; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Gravel Street Type: Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Savarino Properties Inc
Listing Agent: John Wade
IDX
Last Updated: January - 20 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Real Estate Insider ๐Ÿก๐ŸŽฏ
Stay ahead in the real estate journey with insights that matter. Our newsletter is all about helping you save when buying and earn more when selling. Provide your email and text #, and we’ll deliver the knowledge you need. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡