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Price: $269,000 1018 Fountain St, Ann Arbor MI 48103 MLS® #: 543265600

  • 4 Beds
  • 2 Bath
  • 1,632 SqFt
  • $164.83 / SqFt
  • Year Built: 1963

Description of 1018 Fountain St, Ann Arbor

Fantastic investment opportunity in the heart of Water Hill. 1018 & 1020 Fountain! Ranch-style stacked duplex. Each unit has 2 large bedrooms and 1 bathroom. Live in one unit and rent out the other, or rent both - Each unit rents for $1300/mo. Upper unit has been renovated and lower unit has been prepped for remodel. Driveway can accommodate 6 cars. In need of some TLC, but most of the work has been completed. These duplexes don't come on the market very often. Seller will consider Cash and rehab/construction loans.

About this Property

This $269,000 property has approximately 1,632 square feet and was built in 1963. This home is located in the Ann Arbor school district. Properties located in the Ann Arbor district have an average price per square foot of $213/SqFt. Houses with similar square footage range in price from $212,000 to $750,000 and have an average price per square foot of $239/SqFt. The average priced home in 48103 with 4 bedrooms is $551,486. Depending on where you live in Ann Arbor your children and/or teenagers may go to the Ann Arbor school district, or Saline school district. 1018 Fountain St has property taxes in the amount of $4,643, which are assessed as non-homestead because the home is considered a second home for the owner and/or not occupied by the primary owner. The property taxes will be lowered if you purchase this property, occupy it as your primary residence and file the homestead exemption form.

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Stats for Zipcode 48103 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$527,496.88 $232.77 $163.03 158.38% 370

Essential Information

Lot Information


  • ExteriorWood, Other
  • SewerSewer-Sanitary
  • Water SourceMunicipal Water
  • Porch TypeBalcony, Porch

Floor Plan

  • Master Bedroom 0x0 Upper
  • Dining Room0x0 Entry
  • Kitchen0x0 Entry
  • Living Room0x0 Entry

School Information

Community Information


  • Interior FeaturesCable Available
  • HeatingHot Water, Other
  • CoolingCeiling Fan
  • Fuel TypeGas
  • FoundationSlab

Additional Information

  • DirectionsMiller to Fountain
  • HomesteadNo
  • Land ContractNo
  • Road FrontPaved, Pub. Sidewalk
  • OwnershipPrivate - Owned

Parking Information

Listing Details


54082-(Aa) Ann Arbor (Westside South O


Dryer, Refrigerator, Stove, Washing Machine

Tax Description


Square Footage

  • Square Footage SourceTax Record
  • Above Ground Finished1,632
  • Total Finished1632

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and ANN ARBOR, ©2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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