Back 803 Jones Drive
Off Market

803 Jones Drive

Ann Arbor MI 48105

2
1499 sq. ft.
0.11 ac.
Multi-Family
Last sold for $459,900
Suzette CollinsSuzette Collins, last sold this property on 03 September 2025 after 21 days on market.

Overview

PLEASE SUBMIT YOUR HIGHEST AND BEST OFFER BY MONDAY, JULY 21ST AT 6PM. Welcome to 803 Jones Drive - a prime two-unit multifamily investment in one of Ann Arbor's most desirable locations. Just a short stroll to the Broadway Bridge corridor and everything downtown has to offer, this 1,499 sq ft property features two well-maintained units, each with 2 bedrooms and 1 updated bathroom. The first-floor unit showcases original hardwood floors and is currently rented at $1,800/month on a month-to-month lease, with a long-term tenant in place. The second-floor unit, also with a long-term tenant, brings in $1,450/month and features several skylights that fill the living room and kitchen with brilliant natural light. Both bathrooms have been updated, offering modern comfort while preserving the home's classic character. A shared unfinished basement with its own entrance provides laundry access for both units. The backyard is spacious, perfect for quiet enjoyment or a shared outdoor space. Located within walking distance to the vibrant Broadway area, enjoy easy access to restaurants, cafes, bars, parks, the Amtrak station, bus lines, and the scenic Border to Border Trail. You're also minutes from the Kerrytown Farmer's Market, Downtown Ann Arbor, and UM's North & Central Campuses, as well as the University of Michigan and VA Hospitals. Whether you're an investor looking for a turnkey rental property, a homeowner exploring house-hacking potential, or someone seeking future development options, this well-located duplex checks all the boxes. With strong rental income, flexible leases, and an unbeatable location, 803 Jones Drive is a smart and versatile addition to any real estate portfolio.

Features

2 bathrooms
1499 sq. ft. floor area
0.11 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Ann Arbor over the last 12 months, the estimated median property value of 803 Jones Drive is $524k.

Median value
$524k
Estimated value range
$459.9k - $870k
Median days on market
46
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ann Arbor. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 803 Jones Drive

2025
Sold
$459,900
03 Sep 2025 by Suzette Collins

Happy sellers in Ann Arbor

90%
90% of sellers in Ann Arbor reported that their sale price either exceeded or met their price expectations.

Ann Arbor stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Ann Arbor over the last 12 months.

Local market activity for multi families in Ann Arbor

In the last 12 months, 4 multi families similar to 803 Jones Drive, have been sold.

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