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    1531 Packard St, Unit ##6 Ann Arbor, MI 48104

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    For Lease
    $2,000 /Mo ($34 SF/Yr)

    Professionally designed, renovated two-bedroom condo in Ann Arbor's best neighborhood.

    Property size:
    700 SF
    Lot size:
    0.17 Acres

    Property Features for 1531 Packard St

    General Information

    Size
    700 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1966

    Source: Keller Williams Realty Ann Arbor Market Center Agent Tami Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Condo in Burns Park

    This renovated condominium is located in the Burns Park neighborhood of Ann Arbor. Designed by New York City firm DDG Designs, this two-bedroom condo features floor-to-ceiling windows and real oak wood floors. Custom-built California Closets with hangers are included. The kitchen features granite countertops, stainless steel appliances, a dishwasher, and a microwave. A separate dining area and layout are present. The unit includes air conditioning, ceiling fans, and flat-screen TVs in the living room and bedrooms. Heat and hot/cold water are included. The building offers a laundry room. A parking spot and private storage space are included. The property is located near a bus stop and within walking or biking distance to campus. Cats are permitted.
    Location Intelligence

    Current Use by Public Records

    InGlobal Learning Design Design Agency Amara Conservation Association Or Organization

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7314876
    Latitude
    42.2628651

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    FAQs

    What type of property is this?
    Apartment building - Professionally designed, renovated two-bedroom condo in Ann Arbor's best neighborhood.
    Where is this apartment building located?
    The property is located at 1531 Packard St, Unit ##6 Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Situated in Ann Arbor's desirable Burns Park neighborhood, with easy access to campus.; - Fully Renovated & Professionally Designed: Boasts a complete renovation with design by DDG Designs, a New York City firm.; - Included Amenities: Heat, hot/cold water, parking, and private storage space are all included.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1531 Packard St, Unit ##6 Ann Arbor, MI 48104
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