LKV Realty
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$1,950,000
$6,000Reward *
1702 Hill Street, Ann Arbor, MI 48104Listing ID 25059082

1702 Hill Street, Ann Arbor, MI 48104

Active
Ann Arbor/Washtenaw - A
Time on site: 271 daysLast updated: Jan 20, 2026
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
2 to 4 Units
Acres
Acres
0.28
Days on Site
Days on Site
270
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1920
Parking
Parking
Gravel

Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability. Wide-plank engineered flooring, stainless steel appliances, butcher-block islands, ample pantry space, fantastic decks overlooking the backyard, modern bathroom finishes, and full-size laundry. Bedroom layouts are well sized to accommodate full beds, desks, and dressers, contributing to consistent leasing performance. The lower-level walk-out includes a full bath, natural light via large windows, and pre-plumbing for a future kitchen, offering optional recreation space for tenants or an owner area. With executed leases in place and substantial improvements completed, this property presents a compelling blend of income stability and long-term ownership appeal.

Property Information

Property Details

Location

Address
1702 Hill Street
County
Washtenaw
City
Ann Arbor
Zip Code
48104
Subdivision
Ann Arbor/Washtenaw - A
School District
Ann Arbor
MLS Area
Ann Arbor/Washtenaw - A

Interior Features

Other Rooms

Laundry Features
Laundry Closet, In Unit

Building

Building Information

Year Built
1920
Construction
Other

Property Taxes

Tax Annual Amount
$36,607
Tax Year
2025
John WadeSavarino Properties Inc, (734) 994-6050

Market Report for 48104

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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