Address
233 Collingwood Drive, Ann Arbor, MI
Price
$ 705,000
Property Attributes
- MLS#26045677
- TypeMulti-Family
- Listing Status Active
- CountyWASHTENAW
- CityAnn Arbor
- AreaAnn Arbor
- NeighborhoodAnn Arbor
- Zip48103
- Style2 to 4 Units
- Year Built1962
- Taxes$ 13802
- Price$ 705,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Lot Size0.2 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking—a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene. Home Energy Score of 2. Download report at Ann Arbor herdmap
| Price History | |
|---|---|
| 8/28/2026 | Listed $705,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected |
| Possession | Close Of Escrow |
| Roof | Other |
| Association Fee Includes | None |
| Construction Materials | Brick |
| Year Built | 1962 |
| Tenant Pays | Electric,Gas |
| Township | Ann Arbor |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| Ownership | Private Owned |
| Gross Income | 59880.0 |
| OwnerPays | Water,Sewer |
| County | Washtenaw |
| New Construction | No |
| Property Type | Multi Family |
| HOA | No |
| Attached Garage | No |
| Status | Active |
| City | Ann Arbor |
| High School District | Ann Arbor |
| Zoning Description | TC1 |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 8712.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 13802.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 199735 |
| MobileHomeRemainsYN | No |
| Legal Description | S 1/2 LOT 28 & ALL LOT 29 BOULEVARD HEIGHTS |
| Senior Community | None |
Interior Features
| Basement | Other |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Total Baths | 4 |
Exterior Features
| Parking Features | Asphalt,Driveway |
|---|---|
| Total Parking | 6.0 |
| Lot Size Area | 0.2 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 75x117 |
| Lot Size Acres | 0.2 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48103
Price
Taxes
Year Built
In The Neighborhood
Open House
Ann Arbor
$ 449,900
1860 N Maple Road
Ann Arbor, MI 48103
- Type
- Multi-Family
- Rooms
- 0 Beds + 3 Baths
Ann Arbor
$ 2,367,000
1104 Packard Street
Ann Arbor, MI 48104
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Ann Arbor
$ 737,500
1013 Fountain Street
Ann Arbor, MI 48103
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Ann Arbor
$ 999,000
517-515 Oswego Street
Ann Arbor, MI 48104
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Ann Arbor
$ 1,269,000
500 Catherine Street
Ann Arbor, MI 48104
- Type
- Multi-Family
- Rooms
- 0 Beds + 5 Baths
Ann Arbor
$ 1,049,000
600 Catherine Street
Ann Arbor, MI 48104
- Type
- Multi-Family
- Rooms
- 0 Beds + 3 Baths
Ann Arbor
$ 1,039,000
908 Spring Street
Ann Arbor, MI 48103
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
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 deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 27, 2026 9:34 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
