Property Attributes
- MLS#26047546
- TypeMulti-Family
- Listing Status Active
- CountyWASHTENAW
- CityAnn Arbor
- AreaAnn Arbor
- NeighborhoodAnn Arbor
- Zip48104
- Style2 to 4 Units
- Year Built1920
- Taxes$ 33624
- Price$ 2,367,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.15 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Property is scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.
| Price History | |
|---|---|
| 9/8/2026 | Listed $2,367,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Vinyl Siding |
| Year Built | 1920 |
| Tenant Pays | Electric,Gas |
| Township | Ann Arbor |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| OwnerPays | Trash Collection,Water,Sewer |
| County | Washtenaw |
| New Construction | Yes |
| Property Type | Multi Family |
| Attached Garage | No |
| Status | Active |
| City | Ann Arbor |
| High School District | Ann Arbor |
| Zoning Description | R4C |
| Number Of Units Total | 3 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6534.0 |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 33624.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 473847 |
| MobileHomeRemainsYN | No |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Laundry Features | In Unit |
Exterior Features
| Parking Features | Concrete,Driveway |
|---|---|
| Total Parking | 8.0 |
| Lot Size Area | 0.15 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 50x130 |
| Lot Size Acres | 0.15 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48104
In The Neighborhood
Ann Arbor
$ 449,900
- Type
- Multi-Family
- Rooms
- 0 Beds + 3 Baths
Ann Arbor
$ 737,500
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Ann Arbor
$ 705,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 4 Baths
Ann Arbor
$ 999,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Ann Arbor
$ 1,269,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 5 Baths
Ann Arbor
$ 1,049,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 3 Baths
Ann Arbor
$ 1,039,000
- Type
- Multi-Family
- Rooms
- 0 Beds + 0 Baths
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 26, 2026 4:00 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers