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Ann Arbor 48104 Central Ann Arbor
1325 Brooklyn Avenue
$905,000
● House - Off Market

1325 Brooklyn Avenue

Ann Arbor, MI 48104
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,394 Ft²
$5,238
Est. Monthly
2.87%
Cap Rate

About This Property

Imagine living on a tree-lined street within walking distance of the University and Burns Park. Imagine living in a house built in 1923 and filled with lots of natural light. Imagine gathering with neighbors each summer for an annual block party. This house has lots of living space with a large eat-in kitchen, office, laundry room, and 1/2 bath on the first floor. A large, vaulted-ceiling great room overlooks a landscaped, partially fenced backyard. Upstairs, there are three bedrooms and a full bath. The basement is partially finished with a cozy, fun play area under the stairs. Close to schools, hospitals, and shopping. It is also on the city bus route. Plan to visit this house and see its potential as your new home.
Unit Size
2,394 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$355
Property Type
House
Property Taxes
$1,064
HOA Dues
-
Year Built
1923

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25007960)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Mar 15, 2025 In contract -
In contract
Mar 5, 2025 Listed by Howard Hanna Real Estate $850,000
Listed by Howard Hanna Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 878
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANGER & BIXBY ADD
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 46 GRANGER & BIXBY ADDITION

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 400400

Zoning

  • Zoning: R1D

Geography

  • District: 09
  • Parcel: 09-09-33-307-020
  • Block: 307
  • Lot: 46
  • Meridian: SEC 33 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2638
  • Longitude: -83.7314

    Address

  • Full Address: 1325 Brooklyn Ave
  • Address - House Number: 1325
  • Address - Street Name: Brooklyn
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C053
  • 4-Digit Zip Code: 4414
  • Zip Code: 48104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,006,000
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 887,224
  • High Value: 1,033,413
  • Low Value: 741,035

    Market Valuation

  • Market Total Value: $721,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,500

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Ann Arbor

Stats & Trends

Median Asking:

$700,000

Sale Price/ft²

$464

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1389 ft²

Average Home Age

67.8 years

Currently For Sale

52 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 332 E Washington Street, Ann Arbor, MI, 48104

$3,400 /mo

  • 3 Beds
  • 1 Bath
  • 4,450 ft²
332 E Washington Street, Ann Arbor, MI, 48104 Listing by William Milliken

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Ann Walton, Howard Hanna Real Estate
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25007960
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1325 Brooklyn Avenue built and last sold?
The property at 1325 Brooklyn Avenue was built in 1923 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1325 Brooklyn Avenue is $0.
What are some comparable homes to 1325 Brooklyn Avenue?
There are currently no comparable homes to 1325 Brooklyn Avenue.
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