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Multifamily Portfolio Offered Together

114 3rd Street, Ann Arbor, MI 48103

For Sale
$2,200,000

Multi Family, Ann Arbor, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market40

Property Features for 114 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Basement, Bathroom 1
Basement Crawl Space
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-09-29-208-025
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT LOTS 24 & 26 BEG PT WL THIRD ST 95.93 FT N OF INT WITH N L WASHINGTON ST TH N IN W L THIRD ST 52.1 FT TH DEF 73 DEG 30 MIN LT 127.61 FT TH DEF 93 DEG 25 MIN 30 SEC LT 46.22 FT TH DEF 86 DEG 34 MIN 30 SEC LT 95 FT TH DEF 86 DEG 34 MIN 30 SEC RT 3. 83 FT TH DEF 86 DEG 34 MIN 30 SEC 44.41 FT TO POB BLK 4 ASSESSORS PLAT NO 3
Tax Annual Amount 5510
Legal Description PRT LOTS 24 & 26 BEG PT WL THIRD ST 95.93 FT N OF INT WITH N L WASHINGTON ST TH N IN W L THIRD ST 52.1 FT TH DEF 73 DEG 30 MIN LT 127.61 FT TH DEF 93 DEG 25 MIN 30 SEC LT 46.22 FT TH DEF 86 DEG 34 MIN 30 SEC LT 95 FT TH DEF 86 DEG 34 MIN 30 SEC RT 3. 83 FT TH DEF 86 DEG 34 MIN 30 SEC 44.41 FT TO POB BLK 4 ASSESSORS PLAT NO 3

Utilities

Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1901
Number of units 2
Building materials Vinyl Siding
Listing Agency: Altitude Commercial Real Estat
Listed By: George Abro · License MI #6502432561
Added: Oct 2 Changed: Nov 4 Last Checked: Nov 10 at 5:06PM
MLS# 26052566

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.

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Investment Insights

Based on property information with market context.

This multifamily offering comprises four properties that are being marketed together, not separately. The listed locations span 108–114 3rd Street and 507–513 W Huron Street in Ann Arbor. The portfolio has a reported total lot area of 0.15 acres, and the property record gives a construction year of 1901. Building details include vinyl siding, forced-air heating, and public sewer service. A Home Energy Score of 4 is also reported.

Key Highlights

  • Four‑property multifamily portfolio offered only as a combined sale
  • Locations span 108–114 3rd Street and 507–513 W Huron Street
  • Reported lot area: 0.15 acres

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,208
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Ann Arbor, MI

$395 Jul
$362 Aug
$388 Sep
$397 Oct

Properties on Market for Multifamily properties in Ann Arbor

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four properties in Ann Arbor are available only as a combined sale.
Where is this multifamily property located?
The property is located at 114 3rd Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four‑property multifamily portfolio offered only as a combined sale; Locations span 108–114 3rd Street and 507–513 W Huron Street; Reported lot area: 0.15 acres
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