723 W Madison St, Ann Arbor, MI 48103

Building Details

Year Built

1968

Listing office Altitude Commercial Real Estate g***@altitudecre.com Show Phone

Listing date Jun 25, 2026

Source Altitudecre

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Overview

This for-sale multifamily property features a well-maintained 11,520 SF building with 12 residential units. It is positioned to serve tenants seeking a straightforward apartment living setup, with the building described as having modern amenities.

The property is located in the Ann Arbor area at 723 W Madison St. It is zoned R4C, supporting a multifamily residential use within that zoning designation.

For investors and ownership groups looking to add to a residential income portfolio, the 12-unit configuration provides a manageable scale within a single building. The property’s described condition and unit count may appeal to buyers seeking an established multifamily asset, with the offering presented as a mid-rise investor option based on its current structure and zoning.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Ann Arbor

County

Washtenaw

State

Michigan

Longitude

-83.7570391

Latitude

42.2736221

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FAQs

What type of property is this?

Apartment building - Well-maintained multifamily property with 12 units in a zoned R4C setting.

Where is this apartment building located?

The property is located at 723 W Madison St Ann Arbor, MI.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Well‑maintained multifamily building totaling 11,520 SF; 12‑unit multifamily property; Zoned R4C