$1,950,000

1702 Hill Street, Ann Arbor, MI 48104

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 7:41AM
Listing Office:
Savarino Properties Inc : 7349946050
Listing Agent:
John Wade :
MLS ID:
81025059082
  • Laundry: In unitLaundry closet
  • Basement: FullWalk out access
  • A/C: Central air
  • Heating: Forced airNatural gas
  • Parking: GravelParking spaces: 8
  • Roofing: Other
  • General: Other
  • Originating MLS: Greater Metropolitan Association of REALTORS
  • School District: Ann arbor
  • County: Washtenaw
  • Zoning: LOT 7 AND WLY PART OF LOT 8 HAVING FRONTAGE OF 121 FT ON HILL ST AND 79.22 FT ON SL OF LOTS C H MILLESN 2ND ADDITION090928406002
  • Utilities: Cable connectedElectricity connectedNatural gas connectedSewer connected
  • Water: Public
  • Sewer: Public sewerSewer at streetStorm drain
  • Source: Greater Metropolitan Association of REALTORS

This listing courtesy of John Wade , Savarino Properties Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Angell Elementary School

1608 S University Ave, Ann Arbor, MI, 48104

Grades KG-5

0.14 miles away

T

Tappan Middle School

2251 E Stadium Blvd, Ann Arbor, MI, 48104

Grades 6-8

0.85 miles away

C

Community High School

401 N Division St, Ann Arbor, MI, 48104

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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