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Brick Apartment Building with Laundry
For Sale
$1,300,000

1310 Packard Street, Ann Arbor, MI 48104

MULTI_FAMILY - Ann Arbor, MI

Property SizeContact for details
Lot Size0.15 Acres
Days on Market11

Property Features for 1310 Packard Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R4C
Bedrooms 5
Full bathrooms 6
Rooms Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 4, Bedroom 3
Parking 8
Parking features Driveway
Lot features Level, Sidewalk, Wooded
Elementary school Burns Park Elementary School
Middle school Tappan Middle School
High school Pioneer High School
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-09-33-302-024
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PRT OF LOT 1, ASSESSOR'S PLAT NO 5, DESC AS COM AT SELY COR OF SD LOT 1, ASSESSOR'S PLAT NO 5, TH N 36 DEG 14 MIN W 109.06 FT FOR POB, TH S 53 DEG 40 MIN W 50.94 FT, TH S 76 DEG 43 MIN W 27.42 FT, TH N 9 DEG 31 MIN W 15 FT, TH N 58 DEG 35 MIN W 53.1 FT, TH N 0 DEG 46 MIN W 37.7 FT, TH N 79 41 SEC E 75.4 FT, TH S 36 DEG 14 MIN E 70.7 FT TO POB
Tax Annual Amount 30000
Legal Description PRT OF LOT 1, ASSESSOR'S PLAT NO 5, DESC AS COM AT SELY COR OF SD LOT 1, ASSESSOR'S PLAT NO 5, TH N 36 DEG 14 MIN W 109.06 FT FOR POB, TH S 53 DEG 40 MIN W 50.94 FT, TH S 76 DEG 43 MIN W 27.42 FT, TH N 9 DEG 31 MIN W 15 FT, TH N 58 DEG 35 MIN W 53.1 FT, TH N 0 DEG 46 MIN W 37.7 FT, TH N 79 41 SEC E 75.4 FT, TH S 36 DEG 14 MIN E 70.7 FT TO POB

Utilities

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

Amenities

on site laundry
storage lockers
free on site parking

Building Details

Year built 1963
Number of units 6
Building materials Brick, Wood Siding
Roof type Rubber
Listing Agency: J Keller Properties, LLC
Listed By: Jonathon Keller · License #6502370935
Added: Aug 13 Last Checked: Aug 23 at 6:06AM
MLS# 26042445

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.

Built in 1963, this brick apartment property includes six units arranged as two studios, three one-bedroom apartments, and one two-bedroom apartment. The building has received significant capital updates, including a new boiler and EPDM roof. Residents have access to on-site laundry, storage lockers, and free parking in the driveway. Heating is provided by hot water and baseboard systems, with wall-unit cooling. Tenants pay their own electric service, and the property is currently fully rented.

The building occupies a 0.15-acre wooded lot at 1310 Packard Street in downtown Ann Arbor, Michigan. Its rental certificate is valid through 2029, providing a defined operating horizon for the existing apartment use.

Key Highlights

  • Six‑unit mix: 2 studios, 3 one‑bedroom apartments, and 1 two‑bedroom apartment
  • 0.15‑acre wooded lot in downtown Ann Arbor
  • New boiler and EPDM roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Nail Salon Pharmacy (Bike/Boat/Book/etc) Store Food Market Accounting Firm

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

713
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

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?
Apartment building - Updated multifamily property with on-site laundry, storage lockers, driveway parking, and a rental certificate extending through 2029.
Where is this apartment building located?
The property is located at 1310 Packard Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Six‑unit mix: 2 studios, 3 one‑bedroom apartments, and 1 two‑bedroom apartment; 0.15‑acre wooded lot in downtown Ann Arbor; New boiler and EPDM roof
More about this property
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