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Renovated Student-Housing Triplex
New
For Sale
$2,367,000

1104 Packard Street, Ann Arbor, MI 48104

Multi Family, Ann Arbor, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market3

Property Features for 1104 Packard Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning description R4C
Bedrooms 14
Full bathrooms 7
Rooms Bathroom 4, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 5, Bathroom 6, Bathroom 3, Bathroom 7, Bathroom 1, Bedroom 9, Bedroom 14, Bedroom 2, Bedroom 11, Basement, Bedroom 4, Bedroom 10, Bedroom 3, Bathroom 2, Bathroom 5, Bedroom 13, Bedroom 1, Bedroom 12
Parking 8
Parking features Driveway
Basement Full
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-09-33-215-025
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 33624

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Number of units 3
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Metro Property Services
Listed By: Christopher Vessels · License #6501392137
Added: Sep 8 Last Checked: Sep 10 at 12:06PM
MLS# 26047546

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit triplex at 1104 Packard Street includes 14 bedrooms and 7 bathrooms across the property. The 0.15-acre site includes a 1920-built structure with vinyl siding, forced-air heating, central air, a driveway, public sewer, and cable availability. Granite countertops, stainless steel appliances, and a washer and dryer are provided in each unit. Furnishings include vaulted beds, glass-top desks, and microfiber couches.

The property is located near the University of Michigan’s Central Campus and Athletic Campus. The sale is required to include the adjacent property at 1102 Packard Street. Both properties are scheduled for rezoning by the City of Ann Arbor to permit mixed-use development with a potential height limit of 40 feet.

Key Highlights

  • Three‑unit triplex with 14 bedrooms and 7 bathrooms
  • 0.15‑acre property near University of Michigan Central and Athletic Campuses
  • Each unit includes a washer, dryer, central air, granite countertops, and stainless steel appliances

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Accounting Firm Daycare Center Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit housing property with furnished bedrooms, in-unit laundry, central air, and proximity to University of Michigan campuses.
Where is this triplex located?
The property is located at 1104 Packard Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,367,000.
What are key features of this property?
This property features: Three‑unit triplex with 14 bedrooms and 7 bathrooms; 0.15‑acre property near University of Michigan Central and Athletic Campuses; Each unit includes a washer, dryer, central air, granite countertops, and stainless steel appliances
More about this property
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