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5-Unit Apartment Building
New
For Sale
$799,000

2053 Abbott Avenue, Ann Arbor, MI 48103

MULTI_FAMILY - Ann Arbor, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market6

Property Features for 2053 Abbott Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R1C
Bedrooms 4
Full bathrooms 5
Rooms Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 2, Basement
Parking 5
Parking features Driveway
Basement Full, Walk-Out Access
Elementary school Eberwhite Elementary School
Middle school Slauson Middle School
High school Pioneer High School
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-09-30-206-004
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 9 ZAHN SUB
Tax Annual Amount 10506
Legal Description LOT 9 ZAHN SUB

Utilities

Heating system Forced Air

Amenities

on-site coin-operated laundry

Building Details

Year built 1960
Number of units 5
Building materials Brick
Listing Agency: J Keller Properties, LLC
Listed By: Jonathon Keller · License #6502370935
Added: Jul 31 Changed: Aug 4 Last Checked: Aug 5 at 5:06PM
MLS# 26040134

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1960, this brick apartment building contains 5 units, including 2 updated apartments and 3 units retaining mid-century features such as steel cabinets and hardwood floors. Each apartment is a corner unit with windows on three sides, while open layouts and built-in loft-style shelving add practical character. Forced-air heating serves the building, and on-site coin-operated laundry is provided.

The property occupies 0.19 acres at 2053 Abbott Avenue in Ann Arbor, with driveway parking available. Campus, downtown Ann Arbor, and M-14 are described as minutes away. A Certificate of Compliance remains valid through 9/2029, and tenants pay all utilities.

Key Highlights

  • 5‑unit brick apartment building built in 1960
  • 2 updated units plus 3 apartments with steel cabinets and hardwood floors
  • All apartments are corner units with windows on three sides

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

644
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?
Apartment building - Brick construction, forced-air heating, and on-site laundry support this established residential income property.
Where is this apartment building located?
The property is located at 2053 Abbott Avenue Ann Arbor, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 5‑unit brick apartment building built in 1960; 2 updated units plus 3 apartments with steel cabinets and hardwood floors; All apartments are corner units with windows on three sides
More about this property
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