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Four-Story Apartment Building
For Sale
$15,000,000

829 Tappan Ave, Ann Arbor, MI 48104

Four-story apartment property with multiple floor plans and on-site parking.

Property Size32,675 SF
Price / SF$459.07
Days on Market201

Property Features for 829 Tappan Ave

General Information

Standard status Active
Size 32,675 SF
Total Parking Spaces 44
Property subtype Multifamily
Zoning R4C

Additional Details

Multifamily Units 28

Building Details

Building Size 32,675 SF
Buildings 1
Stories 4
Listing Agency: Thomas A. Duke Company
Listed By: Michael Perales
Source: Cpix.resimplifi
Added: Feb 12 Changed: Aug 29 Last Checked: Aug 29 at 4:26PM

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 Thomas A. Duke Company

Investment Insights

Based on property information with market context.

This four-story apartment building contains 28 units arranged across four floor plans, with a total of 56 beds. The property measures approximately 32,675 square feet and includes approximately 44 parking spaces. Roof maintenance was completed in 2022/2023, and the site is zoned R4C.

The building is located at 829 Tappan Ave in Ann Arbor, within the University of Michigan campus area. Major University of Michigan buildings are described as being within walking distance, providing a campus-oriented setting for the property.

Key Highlights

  • 28‑unit apartment building with 56 beds
  • Four floor plans across a four‑story building
  • Approximately 32,675 square feet

Property Analytics

Current Use

Skippy Soaps Cosmetic Store

Suggested Use

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

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

28
Residential units

Location Intelligence

Trade Area within ½ mile

2,267
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?
Apartment building - Four-story apartment property with multiple floor plans and on-site parking.
Where is this apartment building located?
The property is located at 829 Tappan Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: 28‑unit apartment building with 56 beds; Four floor plans across a four‑story building; Approximately 32,675 square feet
More about this property
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