1702 Hill Street
Ann Arbor, MI, 48104 $ 1,950,000
Baths0.0 Monthly Estimate*
$ 12,165
Studio for $1,950,000. This home was built in 1920 on a lot size of 0.28.
This property presents a rare and exceptional opportunity for both families and investors—whether you're a parent seeking a refined residence for a University of Michigan student, or an investor looking for a fully reimagined, high-performing asset. Thoughtfully transformed from the ground up, the home now stands as a distinguished, turnkey property along U-M's renowned fraternity and sorority row. With clarity of vision, the owner tastefully converted the former single-family residence into a legal duplex, creating two beautifully appointed 4-bedroom units, along with a separate partially finished lower level walk-out rec space. The result is a residence that functions elegantly for both multi-generational use and high-performance investment. This home exudes stately curb appeal. Crisp white cement-board siding, architectural black Pella windows, and a stunning new concrete front porch with a wood-clad ceiling set a tone of quiet refinement Evening soffit lighting enhances both beauty and security; subtle details that signal the level of care woven into this rebuild. Quality is evident at every turn. Nearly every component of the structure has been renovated and a massive rear addition was completed in 2023: insulation, drywall, electrical, plumbing, heating, central air, roofing, siding, windows, doors, flooring, decking. Unit 1702 - Main Level. The moment you step inside, this sanctuary feels like home. 9'+ ceilings and wide-plank engineered wood floors create a warm, modern aesthetic filled with natural light. The kitchen features stylish cabinetry, ss appliances, a butcher-block island, walk-in pantry and an eat-in area overlooking the front yard. The living room is generously sized and opens to a brand-new deck overlooking the backyard. Bathrooms are beautifully finished with modern vanities, lighting, mirrors, and standout tile selections. A laundry closet with full-size machines adds convenience, and all four bedrooms; each comfortably accommodate a full bed, desk, and dresser. Unit 1704 - Second Floor. This unit spans the second floor and is slightly larger, creating two expansive common spaces perfect for residents. You're welcomed by a bright living room overlooking the backyard, with access to an oversized deck ideal for relaxing or studying outdoors. The kitchen mirrors the downstairs aesthetic with stylish wood cabinets, island, ss appliances, butcher-block counters, and an excellent pantry. The eat-in area flows into a second living space/study area facing the front yard. Full-size laundry machines, modern bathroom finishes, and four well-proportioned bedrooms complete this highly functional layout. This unit is leased until August 2026. Be sure to watch the video tour. Recreation Space - Lower-Level walk-out is partially finished. Large Pella windows bring in abundant natural light, and the walk-out access makes the space feel open and inviting. A stylish full bath features a marble vanity and tiled shower. This space is pre-plumbed for an additional kitchen. Once finished this will create great additional recreation/activity space for residents or the owner. For families and investors alike, this property combines exceptional student living with long-term value, offering a high-performing, turnkey asset in Ann Arbor's premier university corridor.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Subject To Tenant Rights
Roof Other
Construction Materials Other
Year Built 1920
Tenant Pays Electric Water Gas
Township Ann Arbor
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Washtenaw
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Washtenaw to Hill St.
City Ann Arbor
High School District Ann Arbor
Zoning Description R2B
Number Of Units Total 2
MLS Area Ann Arbor/Washtenaw - A
Lot Size Units Acres
Lot Size Square Feet 12197.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 36607.0
Lease Renewal Y/N N
MLS Area Minor Ann Arbor/Washtenaw - A
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 531635
Legal Description LOT 7 AND WLY PART OF LOT 8 HAVING FRONTAGE OF 121 FT ON HILL ST AND 79.22 FT ON SL OF LOTS C H MILLESN 2ND ADDITION
Senior Community None
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InteriorBasement Full Walk-Out Access
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Unit Laundry Closet
Total Baths 0
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ExteriorParking Features Driveway Gravel
Lot Features Sidewalk
Total Parking 8.0
Lot Size Area 0.28
Number of Buildings 1
Spa N
Lot Dimensions 100 x 119
Lot Size Acres 0.28
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList BySavarino Properties IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,165
- Monthly Property Taxes
- $3,051
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Ann Arbor, MI
Average List Price $1,467,000
Percent of Sale Price 25%
About Ann Arbor, MI 119,763 Population
5% Since 2002
$ 64,208 Median Income
30.65 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4671423 Elementary School
4664641 Middle School
Huron High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/19/2025 | $1,950,000 | | Listed Price |