203 Koch Ave, Ann Arbor, MI, 48103
About This Home
Fully Remodeled 6BR Student Rental – Steps from UM & The Big House! Leased thru Aug 2027 Turnkey investment near University of Michigan! This fully renovated 6-bedroom, 2-bath home is zoned for 6 occupants and sits just a 12–15 min walk to campus, close to Michigan Stadium, S. Main St., and downtown Ann Arbor’s restaurants and shops. Currently leased through August 2027 — immediate rental income for a new owner. Open-concept living/dining plus a bonus lower-level family room. Updated kitchen with granite counters, maple cabinets, dishwasher, disposal, built-in microwave, and two full-size fridges. Spacious bedrooms with large closets, organizers, ceiling fans, and individually keyed locks for tenant privacy. Large front porch and off-street parking for up to 6 cars a major perk for student tenants. Sold furnished (leather sofas, beds, desks, dressers). A rare turnkey opportunity with a locked-in tenant already in place through 2027! “Home Energy Score of 1. Download report at Ann Arbor herdmap"
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Foundation: Basement,Poured,Sump Pump
- Construction materials: Other,Stucco,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedroom
- Level: Entry
- Area: 121
- Dimensions: 11 X 11
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Entry
- Area: 121
- Dimensions: 11 X 11
Bedroom
- Level: Basement
- Area: 120
- Dimensions: 12 X 10
Bedroom
- Level: Basement
- Area: 120
- Dimensions: 10 X 12
Bedroom
- Level: Basement
- Area: 168
- Dimensions: 14 X 12
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Finished area below ground: 600
- Finished area above ground: 1,249
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,849 sqft
Kitchen
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Living Room
- Level: Entry
- Area: 294
- Dimensions: 21 X 14
Living Room
- Level: Basement
- Area: 260
- Dimensions: 20 X 13
Other
- Level: Entry
- Area: 36
- Dimensions: 9 X 4
Other
- Level: Entry
- Area: 48
- Dimensions: 8 X 6
Primary Bathroom
- Level: Basement
- Area: 48
- Dimensions: 8 X 6
Property
Details
- Parcel number: 090929333002
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 40 x 121
Parking
- Parking features: Assigned 2 Spaces,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Washtenaw County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,222 | $50,664 |
| Home Insurance * | $225 | $2,700 |
| Property Taxes | $1,015 | $12,180 |
| Electricity | $201 | $2,420 |
| Total | $5,663 | $67,956 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $790,000 |
| 2026-07-10 | Listed for sale | $835,000 |
| 2025-02-11 | Listed for rent | $5,550 |
| 2023-05-01 | Listing removed | -- |
| 2021-04-30 | Sold | $535,000 |
| 2021-04-03 | Contingent | $535,000 |
| 2021-04-03 | Pending sale | $535,000 |
| 2021-03-23 | Listed for sale | $535,000 |
| 2020-06-30 | Listing removed | $3,300 |
| 2020-06-28 | Price change | $3,300 |
| 2020-01-29 | Price change | $3,600 |
| 2019-11-22 | Price change | $3,750 |
| 2019-09-26 | Listed for rent | $3,870 |
| 2018-11-08 | Listing removed | $3,750 |
| 2018-09-25 | Listed for rent | $3,750 |
| 2017-10-12 | Listing removed | $3,650 |
| 2017-09-20 | Listed for rent | $3,650 |
| 2016-09-29 | Listing removed | $3,100 |
| 2015-11-17 | Listing removed | $3,300 |
| 2015-09-16 | Listed for rent | $3,300 |
| 2014-11-12 | Listing removed | $3,000 |
| 2014-09-22 | Listed for rent | $3,000 |
| 2013-11-08 | Listing removed | $3,000 |
| 2013-10-09 | Listed for rent | $3,000 |
| 2011-11-30 | Listing removed | $2,100 |
| 2011-11-08 | Listed for rent | $2,100 |
| 2003-01-13 | Sold | $10,000 |
For Sale by Agent
View on Zillow