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Modernist Architect-Designed Duplex
New
For Sale
$999,000

517-515 Oswego St, Ann Arbor, MI 48104

Flexible two-level layout with separate utilities, updated systems, and an attached two-car garage.

Property SizeContact for details
Days on Market7

Property Features for 517-515 Oswego St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $27,355

Amenities

fireplace
private balcony
deck
paver patio
fenced yard

Building Details

Year Built 1937
Buildings 1
Units 2
Construction modernist
Listing Agency: The Edward Surovell Company
Listed By: Leanne Wade · License #6506046737
Source: Elliman
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 20 at 10:16AM

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 Edward Surovell Company

Investment Insights

Based on property information with market context.

Built in 1937 as a duplex, this architect-designed residence retains original light fixtures, built-ins, natural fireplaces, and distinctive corner windows while accommodating contemporary living. The property includes bedrooms, baths, and living areas on both levels, with a first-floor accessible suite featuring a zero-entry shower and a second-floor primary suite with an en suite bath, walk-in closet, and fireplace. A finished lower level adds a full bath and family room.

Recent work includes new insulation, water heaters, and roof improvements. Separate electric and gas meters serve two addresses. Exterior amenities include a fenced yard, paver patio, deck, and two-car attached garage. The home is a short walk from the Arboretum entrance on Geddes Avenue and is also within walking or biking distance of the South University district, Main Street, Kerrytown, and the University of Michigan Hospital. WalkScore is 74, BikeScore is 84, and TransitScore is 52.

Key Highlights

  • Built in 1937 as a duplex with two addresses
  • Separate electric and gas meters
  • First‑floor accessible suite with zero‑entry shower

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Law Firm Real Estate Agency

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

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

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?
Duplex - Flexible two-level layout with separate utilities, updated systems, and an attached two-car garage.
Where is this duplex located?
The property is located at 517-515 Oswego St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Built in 1937 as a duplex with two addresses; Separate electric and gas meters; First‑floor accessible suite with zero‑entry shower
More about this property
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