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Sold on 01/18/2018
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308 E Jefferson, Ann Arbor, MI 48104

$1,258,559

Last sold 01/18/2018 for $952K

  • —

    bed

  • —

    bath

  • 3,054

    Sqft ($312/Sqft)

Multi-family not for sale
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About 308 E Jefferson

Property type Multi-family
Neighborhood
Year built 1901
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
Looking to invest in the Ann Arbor rental market? Don't miss this 5 unit gem in the heart of downtown 1 block from LSA and the U-M Union. It's always fully rented but with a few improvements, including finishing off the 4th floor/attic area, the future owner could get even more rental revenue. 50 year roof installed in 2001. New steam boiler in 2011. Many of the original elements of the home are intact still; hardwood flooring, wood trim and doors (not painted) and beautiful fireplace in unit 1. CofO is under review and will be obtained before closing.
Listed by
Listing Agent - Max B Cope
Listing Office - Keller Williams Ann Arbor
Source: MiRealSource, Inc mls logo
MLS#21385490 • last updated 3 years ago
Movoto checked MiRealSource, Inc for data 4 minutes ago
Overview
Status Closed
Type Multi-Family
Lot Size (Acres) 0.08
Total Tax Amount 8726
Originating MLS Ann Arbor Area Association Of REALTORS
Year Built 1901
Interior
Basement Finished
# Fireplaces No
Exterior
Foundation Basement
Location
County Ann Arbor (81021)
Community Amenities Laundry Facility
Zoning Washtenaw Ann Arbor
Multifamily Details
Total Units 5
$1.25M
Range: $1.13M-$1.38M
Last 30 days 
Rental est.: $1,181/month
Gross rent multiplier: 67.2
  • Feb 2018
    mls logo MLS # 21385490
  • Feb 1, 2018 Sold
    $952,449 (+0.3%)
  • Nov 3, 2017 Listed
    $950,000
  • Nov 2017
    mls logo MLS # 543253053
  • Nov 3, 2017 Listed
    $950,000
  • Year Property taxes Tax assessment
  • 2024
    $31,810
    $619,100
  • 2023
    $31,810 +37.9%
    $619,100 +5.83%
  • 2022
    $23,076 -44.5%
    $585,000 +9.8%
  • 2021
    $41,591 +47.4%
    $532,800 +4.99%
  • 2020
    $28,210
    $507,500
  • 308 E Jefferson
    $952K
  • Ann Arbor (81021)
    $849K
  • 48104
    $699K -6% y/y
  • Ann Arbor
    $519K -5% y/y
No chart available
Statistics calculated by Movoto

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7/10
Bach Elementary School
public Grades K-5
Ann Arbor Public Schools
7/10
Slauson Middle School
public Grades 6-8
Ann Arbor Public Schools
8/10
Pioneer High School
public Grades 9-12
Ann Arbor Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Ann Arbor (81021)

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