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Ann Arbor Multifamily Investment
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320 Koch Ave, Ann Arbor, MI 48103

Six-unit multifamily property in Ann Arbor, fully occupied.

Property Size4,248 SF
Price / SF$435.26
Days on Market165

Property Features for 320 Koch Ave

General Information

Standard status Active
Size 4,248 SF
Property subtype Multifamily
Occupancy 100%

Building Details

Units 6
Listing Agency: Altitude Commercial Real Estate
Listed By: George Abro · License #MI 6502432561
Source: Crexi
Added: Mar 2 Changed: Aug 11 Last Checked: Aug 13 at 3:09PM

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 Altitude Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in Ann Arbor, Michigan, this multifamily property offers an investment opportunity. Constructed in 1958, the building has a total area of 4,248 square feet. The property features six units, all of which are currently occupied. Zoned R4B, the property is positioned as a source of income with future potential. The location provides access to area amenities and attractions. The property is 100% occupied.

Key Highlights

  • 100% Occupancy: Demonstrates strong rental demand and immediate income.
  • R4B Zoning: Offers promising future potential for development or expansion.
  • Prime Location in Ann Arbor, MI: Provides convenient access to amenities and attractions.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Kitchen & Bath Showroom Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,636
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property in Ann Arbor, fully occupied.
Where is this apartment building located?
The property is located at 320 Koch Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: 100% Occupancy: Demonstrates strong rental demand and immediate income.; R4B Zoning: Offers promising future potential for development or expansion.; Prime Location in Ann Arbor, MI: Provides convenient access to amenities and attractions.
(248) 781-8076 Call to check price and availability
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