Side-By-Side Ranch
For Sale
$525,000
1810 E Stadium Blvd, Ann Arbor, MI 48104
Side-by-side ranch duplex on a 0.40-acre lot with separate utilities and a detached 600-square-foot two-car garage.
Property Size1,532 SF
Lot Size0.40 Acres
Price / SF$342.69
Days on Market142
Property Features for 1810 E Stadium Blvd
General Information
Standard status
Active
Size
1,532 SF
Total Parking Spaces
2
Lot size
0.40 Acres
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1951
Tenancy
Multi
Listing Agency:
The Charles Reinhart Company
Listed By:
Kirk Glassel · License #6501384369
(517) 812-7038
Source:
Vmrealestatemichigan
Added: Jun 2
Changed: Oct 21
Last Checked: Oct 20 at 10:16PM
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
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Investment Insights
Based on property information with market context.
Side-by-side ranch duplex on a spacious 0.40-acre lot, offering flexible living and rental options. The property includes 1810 E Stadium and 1812 E Stadium, each with a full basement and its own washer, dryer, and sump pump. All appliances are included, and additional furnishings may be included in the sale.
1810 E Stadium is a 2-bedroom, 1 full bathroom unit with a short-term non-transferrable rental license. 1812 E Stadium is a 1-bedroom, 1 full bathroom unit with a Certificate of Compliance valid through August 5, 2028. Gas, electricity, and water are on separate meters for each unit. An oversized detached 600-square-foot two-car garage can be shared between the units or potentially rented separately, and the property also features a private, shaded backyard.
Located in one of Ann Arbor’s most convenient areas near Michigan Stadium, downtown Ann Arbor, VA Ann Arbor Healthcare System, University of Michigan North Campus, Eastern Michigan University, major expressways, shopping, dining, and everyday conveniences, with nearby options including Trader Joe’s and Lamp Post Plaza.
1810 E Stadium is a 2-bedroom, 1 full bathroom unit with a short-term non-transferrable rental license. 1812 E Stadium is a 1-bedroom, 1 full bathroom unit with a Certificate of Compliance valid through August 5, 2028. Gas, electricity, and water are on separate meters for each unit. An oversized detached 600-square-foot two-car garage can be shared between the units or potentially rented separately, and the property also features a private, shaded backyard.
Located in one of Ann Arbor’s most convenient areas near Michigan Stadium, downtown Ann Arbor, VA Ann Arbor Healthcare System, University of Michigan North Campus, Eastern Michigan University, major expressways, shopping, dining, and everyday conveniences, with nearby options including Trader Joe’s and Lamp Post Plaza.
Key Highlights
- Side‑by‑side ranch duplex on a 0.40‑acre lot, built in 1951
- Two units with separate utility metering: gas, electricity, and water are on separate meters
- 1812 E Stadium Certificate of Compliance valid through August 5, 2028
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,853
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,060
$397.1K
Cap Rate 7%
$283,614
$283.6K
Cap Rate 9%
$220,589
$220.6K
Market Conditions
NOI Build-Up for 1,532 SF
Gross rent
$30.3K $19.80/SF
− Vacancy
−$2.0K −$1.29/SF
EGI
$28.4K $18.51/SF
− OpEx
−$8.5K −$5.55/SF
NOI
$19.9K $12.96/SF
Area
Ann Arbor, MI
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,060
Cap Rate 7%
$283,614
Cap Rate 9%
$220,589
Alternative Uses
Best Use
Multifamily LT 5
$283.6K
$248.2K – $330.9K
NOI $19,853 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$249.0K
$217.9K – $290.5K
NOI $17,430 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$338.3K
$296.1K – $394.7K
NOI $23,684 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Side-by-side ranch duplex on a 0.40-acre lot with separate utilities and a detached 600-square-foot two-car garage.
Where is this duplex located?
The property is located at 1810 E Stadium Blvd Ann Arbor, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Side‑by‑side ranch duplex on a 0.40‑acre lot, built in 1951; Two units with separate utility metering: gas, electricity, and water are on separate meters; 1812 E Stadium Certificate of Compliance valid through August 5, 2028
