308 E Jefferson St
Ann Arbor, MI 48104
South Central- Studio
- 3,054 sqft
Studio
3,054 sqft
Local Information
-- mins to
Description
Looking to invest in the Ann Arbor rental market? Don't miss this 5 unit gem in the heart of downtown 1 block from LSA and the U-M Union. It's always fully rented but with a few improvements, including finishing off the 4th floor/attic area, the future owner could get even more rental revenue. 50 year roof installed in 2001. New steam boiler in 2011. Many of the original elements of the home are intact still; hardwood flooring, wood trim and doors (not painted) and beautiful fireplace in unit 1. CofO is under review and will be obtained before closing.
308 E Jefferson St, Ann Arbor, MI 48104 is a studio, 3,054 sqft multi-family in South Central, built in 1901. It last sold for $952,449 on Jan 31, 2018. More recently, it was listed as a rental in May 2017 with an asking price of $1,350 per month. That rental listing was removed on July 25, 2017. It is currently off market. The Trulia Estimate is $1,374,800, with a rent estimate of $2,401/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 308 E Jefferson St
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Year Built Year Built: 1901 |
Property Type / Style Property Type: Multi Family |
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Appliances & Utilities DryerRefrigeratorWasher |
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Units in Building: 5 |
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Lot Area: 3484 sqft |
Price History for 308 E Jefferson St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/01/2018 | $950,000 | ListingRemoved | Agent Provided |
| 02/01/2018 | $950,000 | Pending | Agent Provided |
| 01/31/2018 | $952,449 | Sold | MichRIC #60975 |
| 01/30/2018 | $950,000 | PendingToActive | Agent Provided |
| 11/09/2017 | $950,000 | Pending | Agent Provided |
| 11/03/2017 | $950,000 | Listed For Sale | Agent Provided |
| 07/25/2017 | $1,350 | ListingRemoved | Agent Provided |
| 05/04/2017 | $1,350 | Listed For Rent | Agent Provided |
Market trends in Ann Arbor
Last updated May 2026
Avg. sale price
$466K
$4.83KMoM
Sale-to-List Price
99.8%
0.9%MoM
Price per sq ft
$257
$3MoM
Available listings
486
31MoM
Comparable Sales for 308 E Jefferson St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $1,230,000 | 07/25/25 | 8 | 4 | 2,646 | |
0.83 | Multi-Family Home | $1,020,000 | 11/03/25 | 8 | 8 | 3,680 | |
0.65 | Multi-Family Home | $679,000 | 12/01/25 | 3 | 2 | 1,624 | |
0.58 | Multi-Family Home | $510,000 | 08/05/25 | 3 | 3 | 1,738 | |
0.68 | Multi-Family Home | $1,820,000 | 01/22/26 | 12 | - | 4,168 | |
0.88 | Multi-Family Home | $520,000 | 03/09/26 | 4 | 2 | 1,728 | |
0.92 | Multi-Family Home | $500,000 | 10/24/25 | 4 | 2 | 1,570 | |
0.85 | Multi-Family Home | $445,000 | 11/24/25 | 3 | 2 | - | |
0.85 | Multi-Family Home | $1,750,000 | 11/14/25 | 12 | 6 | - | |
1.23 | Multi-Family Home | $459,900 | 09/03/25 | 4 | 2 | 1,499 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 308 E Jefferson St.
What Locals Say about South Central
At least 9 Trulia users voted on each feature.
100 % Say it's dog friendly
95 % Say there are sidewalks
87 % Say it's walkable to restaurants
86 % Say people would walk alone at night
78 % Say there's holiday spirit
73 % Say parking is easy
67 % Say kids play outside
64 % Say yards are well-kept
57 % Say there are community events
54 % Say there's wildlife
50 % Say car is needed
46 % Say neighbors are friendly
38 % Say they plan to stay for at least 5 years
36 % Say streets are well-lit
30 % Say it's walkable to grocery stores
26 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
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