Well-Maintained Duplex in Eberwhite
1716 Orchard St Ann Arbor, MI 48103
1716 Orchard St, Ann Arbor, MI, 48103
$524,900
For Sale
$524,900
Desirable duplex with updated features in a prime location.
Property Size1,440 SF
Price / SF$364.51
Days on Market101
Property Features for 1716 Orchard St
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1961
Listing Agency
(734) 604-2523
Listed by
Jean Wedemeyer
(734) 604-2523
Source
Elliman
Added: Apr 11 Checked: Jul 19 at 5:39 am
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 Jean Wedemeyer
Investment Insights
Based on property information with market context.
This well-maintained duplex presents an opportunity for both owner-occupants and investors. Located in a desirable west side neighborhood within the Eberwhite School District, each unit features 2 bedrooms and 1 bath, with approximately 720 sq ft of living space. The first-floor unit includes a spacious eat-in kitchen equipped with a dishwasher, in-unit washer and dryer, a bright living room with large windows, newer flooring, and a classic tiled bath. The upper unit features vaulted ceilings throughout, a skylight in the bathroom, newer flooring, a dishwasher, a washer and dryer, and a private second-floor porch. Two driveways provide off-street parking for up to 4 cars. The property also includes a nice-sized backyard. Additional highlights include a new boiler (2025), two water heaters (new 2022 & 2026), wall-mount A/C units in each unit, separately metered electricity, and updated double-pane windows. A Certificate of Compliance is valid through September 2028. The bike score is 68, indicating it is bikeable, the walk score is 42, indicating it is car-dependent, and the transit score is 41, indicating some transit options are available.
Key Highlights
- Desirable location in the Eberwhite School District.
- Well‑maintained duplex, ideal for owner‑occupant or investor.
- Each unit has in‑unit washer and dryer and a dishwasher.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.5k | $19.80 |
| − Vacancy | −$1.9k | −$1.29 |
| EGI | $26.7k | $18.51 |
| − OpEx | −$8.0k | −$5.55 |
| NOI | $18.7k | $12.96 |
1,440 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$266.6K
$233.3K – $311.0K
NOI $18,661 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$234.1K
$204.8K – $273.1K
NOI $16,384 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$318.0K
$278.3K – $371.0K
NOI $22,262 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Desirable duplex with updated features in a prime location.
Where is this duplex located?
The property is located at 1716 Orchard St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Desirable location in the Eberwhite School District.; Well‑maintained duplex, ideal for owner‑occupant or investor.; Each unit has in‑unit washer and dryer and a dishwasher.
