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Sold on 08/18/2011
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342 Madison, Ann Arbor, MI 48104

$575,000

Last sold 08/18/2011 for $360K

  • —

    bed

  • 3

    bath

  • 1,668

    Sqft ($216/Sqft)

Multi-family not for sale
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About 342 Madison

Property type Multi-family
Neighborhood
Year built 1904
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Terrific Investment Opportunity - U Of M Central Campus - 2 Unit Income Property! One Large 5 Bedroom/2 Bath + Nice Bright Efficiency; Shared Laundry & Storage In Basement; 2 Car Driveway; Well Maintained, Clean With Wood Floors, Linoleum, Carpet, Lots Of Windows & High Ceilings; Large Corner Lot On Madison & Division Across From Blimpy Burgers. 2 Unit Zoned R4c; Rented Thru 2012; $570/Per Room, $41,000/Year - Wonderful Property!
Listed by
Listing Agent - Jennifer Burn
Listing Office - Keller Williams Ann Arbor
Source: MiRealSource, Inc mls logo
MLS#20014583 • last updated 3 years ago
Movoto checked MiRealSource, Inc for data 9 minutes ago
Overview
Status Closed
Type Multi-Family
Total Tax Amount 5468
Originating MLS Ann Arbor Area Association Of REALTORS
Year Built 1904
Interior
# Full Baths 3
# Fireplaces No
Exterior
# Garage Spaces 3
Location
County Ann Arbor (81021)
Community Amenities Laundry Facility
Zoning Washtenaw Ann Arbor
Multifamily Details
Total Units 2
$575K
Range: $379K-$770K
Last 30 days 
Rental est.: $1,181/month
Gross rent multiplier: 25.4
  • Oct 2011
    mls logo MLS # 20014583
  • Oct 19, 2011 Sold
    $360,000 (-4.0%)
  • Jul 14, 2011 Listed
    $375,000
  • Year Property taxes Tax assessment
  • 2024
    $11,927
    —
  • 2023
    $11,927 +37.9%
    — -100.0%
  • 2022
    $8,652 -44.5%
    $235,900 +3.87%
  • 2021
    $15,594 +48.0%
    $227,100 +6.37%
  • 2020
    $10,540 +4.8%
    $213,500 +1.62%
  • 2019
    $10,054 +1.9%
    $210,100 +1.25%
  • 2018
    $9,864 +6.4%
    $207,500 +17.5%
  • 2016
    $9,272 +6.2%
    $176,600
  • 2014
    $8,729
    —
  • 342 Madison
    $360K
  • Ann Arbor (81021)
    $849K
  • 48104
    $619K -16% 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.

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