Search
Renovated Duplex Near Downtown
For Sale
Contact for pricing
Pending

120 Packard Street, Ann Arbor, MI 48104

Two six-bedroom units feature modern finishes, central air conditioning, laundry, and furnishings included in the sale.

Property SizeContact for details
Lot Size0.37 Acres
Days on Market143

Property Features for 120 Packard Street

General Information

Standard status Pending
Lot size 0.37 Acres
Property subtype Multifamily
Occupancy 100%

Additional Details

Buildable Units 7

Building Details

Year Renovated 2020
Tenancy Multi
Listing Agency: Metro Property Services
Listed By: Chris Vessels · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro Property Services

Investment Insights

Based on property information with market context.

This renovated duplex at 120 Packard Street contains two six-bedroom, 6.5-bathroom units. The property underwent a full renovation in 2020, adding modern finishes and updated amenities. Central A/C, a high-efficiency furnace, laundry facilities, and furnishings are included. Each residence is configured as a substantial multi-bedroom dwelling suited to downtown residential demand.

The property occupies a conforming 0.37-acre lot near Main Street in downtown Ann Arbor. A large parking area provides potential for at least 15 spaces. The site has also been identified for development of at least 7 condominiums, while an additional basement unit may be added subject to City of Ann Arbor approval.

Key Highlights

  • Two 6‑bedroom, 6.5‑bathroom units
  • Fully renovated in 2020 with modern finishes
  • Conforming 0.37‑acre lot near Main Street

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Plumbing Service HVAC Service Nail Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,560
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two six-bedroom units feature modern finishes, central air conditioning, laundry, and furnishings included in the sale.
Where is this duplex located?
The property is located at 120 Packard Street Ann Arbor, MI.
What are key features of this property?
This property features: Two 6‑bedroom, 6.5‑bathroom units; Fully renovated in 2020 with modern finishes; Conforming 0.37‑acre lot near Main Street
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message