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Westside Duplex with Park Setting
For Sale
$625,000
Pending

533 & 535 Virginia Avenue, Ann Arbor, MI 48103

Two residential units offer flexible layouts, private outdoor areas, laundry rooms, and convenient access to transit and downtown Ann Arbor.

Property Size6,534 SF
Days on Market688

Property Features for 533 & 535 Virginia Avenue

General Information

Standard status Pending
Size 6,534 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $14,542

Building Details

Year Built 1964
Listing Agency: The Charles Reinhart Company
Listed By: Richard Jarzembowski · License #6501177517
Source: Exitrealty
Added: Oct 16, 2024 Changed: Aug 29 Last Checked: Aug 29 at 10:18PM

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 The Charles Reinhart Company

Investment Insights

Based on property information with market context.

Built in 1964, this duplex includes two residential units, each arranged with three bedrooms, one and one-half baths, separate living and dining areas, and an eat-in kitchen. Both kitchens provide counter and cabinet storage, while each unit also includes a laundry and utility room.

Outdoor features distinguish the two residences: the upper unit has a deck, and the lower unit opens to a covered patio overlooking the yard. A storage shed adds additional on-site utility. The property is across from Virginia Park, with access to the AA bus line, shopping, and downtown Ann Arbor approximately 1 mile away. The home has a HERD Home Energy score of 3.

Key Highlights

  • Two‑unit duplex built in 1964
  • Each unit includes 3 bedrooms and 1.5 baths
  • Upper residence features a deck; lower residence has a covered patio

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service Carpet & Flooring Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

595
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer flexible layouts, private outdoor areas, laundry rooms, and convenient access to transit and downtown Ann Arbor.
Where is this duplex located?
The property is located at 533 & 535 Virginia Avenue Ann Arbor, MI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1964; Each unit includes 3 bedrooms and 1.5 baths; Upper residence features a deck; lower residence has a covered patio
More about this property
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