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R2A-Zoned Residential Building Lot

517 2nd St, Ann Arbor, MI 48103

For Sale
$425,000

Build a new residence on an R2A-zoned lot with a driveway easement and substantial depth in Ann Arbor’s Old West Side.

Property SizeContact for details
Days on Market123

Property Features for 517 2nd St

General Information

Standard status Active
Property subtype Land
Zoning R2A

Site & Location

Neighborhood Old West Side Association

Taxes and HOA fees

Annual Taxes $2,294
Listing Agency: Real Estate One Inc
Listed By: Talia Anderson · License MI #6501458125
Source: Exprealty
Added: Jul 15 Changed: Nov 9 Last Checked: Nov 12 at 1:46PM

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 Real Estate One Inc

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Investment Insights

Based on property information with market context.

Located at 517 2nd Street in Ann Arbor’s Old West Side, this residential building lot is zoned R2A and includes a driveway easement. The property is described as having exceptional depth, providing flexibility for how a new home can be configured on the site.

The listing positions the lot near downtown Ann Arbor, Kerrytown, and the University of Michigan campus, with access to local parks, restaurants, and shops. Nearby mentions include Jefferson Market, Argus Farm Stop, Washtenaw Dairy, and Blank Slate Creamery.

Prospective buyers should review zoning and easement terms for their intended design and site plan, as the lot is being offered for construction of a new home.

Key Highlights

  • Build‑ready lot in Ann Arbor’s Old West Side neighborhood
  • Zoned R2A for a new residence
  • Includes a driveway easement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

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

3,157
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build a new residence on an R2A-zoned lot with a driveway easement and substantial depth in Ann Arbor’s Old West Side.
Where is this residential land & home lot located?
The property is located at 517 2nd St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Build‑ready lot in Ann Arbor’s Old West Side neighborhood; Zoned R2A for a new residence; Includes a driveway easement
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