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Five-Unit Apartment Building
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 Market52

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 3, Laundry Room, Bedroom 2, Basement, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 5, Bathroom 1, Bedroom 3
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 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: Sep 16 Last Checked: Sep 20 at 10:06AM
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.

This 1960-built brick apartment building contains 5 units, including 2 updated apartments and 3 units retaining mid-century features such as steel cabinetry and hardwood flooring. Each apartment is positioned as a corner unit with windows on three sides, while open layouts and built-in loft-style shelving add practical living space. The property also includes a basement, on-site coin-operated laundry, forced-air heating, and driveway parking.

Located near campus, downtown Ann Arbor, and M-14, the property is positioned for access to several established Ann Arbor destinations. A Certificate of Compliance remains valid through 9/2029, and tenants pay all utilities.

Key Highlights

  • 5‑unit apartment building on 0.19 acres
  • 2 updated units and 3 1960's retro apartments
  • Corner‑unit layouts with windows on three sides

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service HVAC Service Catering Service (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.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

983
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 apartment property with varied unit updates, shared laundry, driveway parking, and corner-unit layouts with abundant natural light.
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 apartment building on 0.19 acres; 2 updated units and 3 1960's retro apartments; Corner‑unit layouts with windows on three sides
More about this property
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