MI
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$1,960,000
48 Days On Site
943 Dewey AvenueAnn Arbor, MI 48104
For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
1920
Built
County:
Washtenaw
Listing courtesy of Christopher Vessels of Metro Property Services
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Priced to sell! We are proud to present 943 Dewey Ave, which is a brand new 3 Unit 12 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 1108 Packard. Priced for a quick sale at only a 11.5x GRM, this Property consists of 3 newly-renovated 4 Bedroom units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. Steps from University of Michigan Athletic Campus. 943 Dewey has annual rental income of $170,400 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long
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Listing Snapshot
Price
$1,960,000
Days On Site
48 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
1920
MLS® Number
25043368
Status
Active Under Contract
Property Tax
$27,815
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Status changed to Active Under Contract | |
| a month ago | Price changed to $1,960,000 | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.06
Cross Street
Dewey and Packard
Parking
ConcreteDriveway
Parking Spaces
10
Property Sub Type
Multi Family
Sewer
Public Sewer
Utilities
Natural Gas AvailableElectricity AvailableCable AvailableNatural Gas ConnectedElectricity ConnectedCable ConnectedSewer AvailableWater Available
Water Source
Public
Zoning
R4C
Interior Features
Basement
Full
Cooling
Central Air
Fireplace
Yes
Fireplaces
1
Heating
Natural GasForced Air
Laundry Features
Laundry RoomIn Unit
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Exterior Features
Construction Details
BlockVinyl Siding
Frontage
45.0
Roof
Composition
Community Features
Financing Terms Available
CashConventional
MLS Area
Ann Arbor/Washtenaw - A
Roads
Paved
School District
Ann Arbor
Township
Ann Arbor
Schools
School District
Ann Arbor
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Christopher Vessels of Metro Property Services
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 10:31 PM UTC
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, MichRIC MLS.
Last checked: 2025-10-13 10:31 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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