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Swiss-Chalet Duplex with Garages
New
For Sale
$737,500

1013 Fountain Street, Ann Arbor, MI 48103

Multi Family, Ann Arbor, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market7

Property Features for 1013 Fountain Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R2A
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking 4
Parking features Driveway
Elementary school Wines Elementary School
Middle school Forsythe Middle School
High school Skyline High School
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Directions Brooks to Summit, turn N on Fountain
Standard status Active
APN 09-09-20-302-076
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 68 EXC E 117.39 FT ASSESSORS PLAT NO 46
Tax Annual Amount 15621
Legal Description LOT 68 EXC E 117.39 FT ASSESSORS PLAT NO 46

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Cooling system Wall Unit(s)

Building Details

Year built 1965
Number of units 2
Building materials Block, Stucco, Wood Siding
Roof type Composition
Listing Agency: Coldwell Banker Professionals
Listed By: Howard Watts · License #6501308142
Added: Aug 27 Changed: Aug 30 Last Checked: Sep 2 at 3:06PM
MLS# 26045413

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 distinctive duplex, built in 1965, contains two residences with matching two-bedroom, one-bath layouts. Both units feature open living areas, renovated kitchens, tiled bathrooms, private decks and patios, and separate two-car garages. The upper level of Unit 1 adds a loft, family room, or flexible-use area beneath cathedral ceilings with skylights, along with additional space suited to storage or future finishing. Unit 2 includes skylights in both the kitchen and bathroom.

Recent property improvements include a composition roof installed in 2025 and boilers that are approximately 4 and 6 years old. One residence is occupied under month-to-month tenancy, while the other provides expanded living space suitable for an owner occupant. The property sits in Ann Arbor’s Water Hill area near downtown, U of M Central Campus, parks, shopping, and dining. A Certificate of Occupancy is in place through April 2028.

Key Highlights

  • Two‑bedroom, one‑bath duplex with matching layouts in both residences
  • Each unit includes a private two‑car garage, deck, and patio
  • Unit 1 offers nearly 1,600 sq. ft. with loft and cathedral‑ceiling flex space

Property Analytics

Current Use

Fine Point Translations Translator

Suggested Use

Top Pick Pharmacy Nail Salon Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Barber Shop

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

Demographics for 48103, MI

55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two updated residences offer private outdoor areas, flexible living space, and individual garage parking.
Where is this duplex located?
The property is located at 1013 Fountain Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $737,500.
What are key features of this property?
This property features: Two‑bedroom, one‑bath duplex with matching layouts in both residences; Each unit includes a private two‑car garage, deck, and patio; Unit 1 offers nearly 1,600 sq. ft. with loft and cathedral‑ceiling flex space
More about this property
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