1104 Packard Street Ann Arbor, MI 48104

Building Details

Year Built

1901

Listing office Metro Property Services

Listing date May 21, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This offering features a package sale of two properties: 1104 Packard and 1102 Packard. The properties are located steps from the University of Michigan's Central Campus and Athletic Campus. 1104 Packard is a beautifully renovated three-unit student rental property featuring 14 bedrooms and 7 bathrooms. Fully renovated in 2023, the units include high-end finishes and features. Each unit is equipped with granite countertops, stainless steel appliances, and a washer and dryer, as well as central A/C. Vaulted beds, glass top desks, and microfiber couches are included. The scheduled revenue for 2026-2027 is $195,600. 1102 Packard is a six-bedroom student rental property with large bedrooms and hardwood flooring in common areas. A new kitchen and bathroom have been installed in the basement, presenting an opportunity to create a separate unit in the future. The scheduled revenue for 2026-2027 is $93,600. Both properties are scheduled to be rezoned by the City of Ann Arbor to allow for mixed-use development with a potential height limit of 40ft. The combined property size is 6,919 square feet.

Key Highlights

• Combined 2026‑2027 scheduled revenue of $289,200 from both properties.
• Prime location steps from University of Michigan's Central and Athletic Campuses.
• Rezoning potential for mixed‑use development with a 40ft height limit.

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FAQs

What type of property is this?

Apartment building - Two renovated properties near University of Michigan, high-end finishes.

Where is this apartment building located?

The property is located at 1104 Packard Street Ann Arbor, MI.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: Combined 2026‑2027 scheduled revenue of $289,200 from both properties.; Prime location steps from University of Michigan's Central and Athletic Campuses.; Rezoning potential for mixed‑use development with a 40ft height limit.