203 Koch Avenue
Ann Arbor, MI 48103
Single Family Residence · MLS # 20261088468 · Listing courtesy of Real Estate One-Plymouth
About this home
Excellent Ann Arbor Investment Opportunity! Don’t miss this fantastic opportunity to own an investment rental property in Ann Arbor, conveniently located close to campus! This spacious, fully furnished property features 6 bedrooms and 2 full bathrooms, making it an ideal rental opportunity in a desirable location. Highlights include convenient parking in the rear for 6 vehicles and a fully furnished setup including 2 full sized refrigerators, offering added value and convenience for tenants. Whether you are an experienced investor or looking to expand your real estate portfolio, this property is one to consider. Enjoy the benefits of owning a rental property near campus in the sought-after Ann Arbor market. Buyer to assume the existing lease agreement through August 15, 2027. A great opportunity for investors looking to secure a property in a prime location!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ann Arbor
Over the last 90 days, 328 homes sold in Ann Arbor for a median of $469,500, about $244 per square foot, and the typical one went under contract in 18 days. This home is listed at $734,999, or $327 per square foot, 34% above the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ann Arbor sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $17,400 a year. A buyer who lives here would pay about $13,714 to $19,548 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.67 mills for Ann Arbor City and Ann Arbor schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Ann Arbor
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial 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. Data updated Nov 14, 2026, 7:39 PM.