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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.
Accepting backups
$459,900
803 Jones Dr, Ann Arbor, MI 48105
4beds
1,499sqft
Est.:
Duplex
Built in 1901
-- sqft lot
$451,900 Zestimate®
$307/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 1,426 |
- 113 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 08:52am
Listed by:
Suzette Collins 734-272-7983,
EXP Realty Main 888-501-7085
Source: Realcomp II,MLS#: 20251008158

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Natural Gas
Appliances
- Laundry: Common Area
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,499 sqft
- Finished area above ground: 1,499
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 99
Details
- Parcel number: 090921300001
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex,Upper Lower Apartment
- Property subtype: Duplex
Materials
- Shingle Siding, Wood Siding
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: TRAVER ADD
Location
- Region: Ann Arbor
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $140,817
- Annual tax amount: $9,784
- Date on market: 7/16/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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