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507 E Ann

Ann Arbor, MI 48104
  • $3,199,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 26035677
UPDATED: 117 min ago
$3,199,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,256
    SQFT
  • $752
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1901
County:

School Ratings & Info

School District:

Description

Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
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507 E Ann Ann Arbor, MI 48104

  • Price: $3,199,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 117 min ago
  • MLS #: 26035677
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,256
SQFT
$752
$/SQFT
1901
Built
Neighborhood:
Ann Arbor (81021)
County:
Washtenaw
Area:
Ann Arbor (81021)
School District:
Ann Arbor Public Schools
Property Description
Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
Exterior Features

Exterior Construction Aluminum Frontage 46 Lot Description Sidewalks Lot Size 46x104 Roads City/CountyPaved Street Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Municipality Ann Arbor Principal Res Exempt YN No Property Type Multi-Family SEV 868200 Taxable Value 741802 Total Tax Amount 20451 Total Tax Year 2025 Unit1 Occupied YN Yes Unit1 Rent Rate 2100 Unit2 Occupied YN Yes Unit2 Rent Rate 2195 Unit3 Occupied YN Yes Unit3 Rent Rate 4500 Unit4 Occupied YN Yes Unit4 Rent Rate 1800 Unit5 Occupied YN Yes Unit5 Rent Rate 2095 Unit6 Occupied YN Yes Unit6 Rent Rate 3900

Listing courtesy of Altitude Commercial Real Estat : (248) 781-8077.

Source MLS: MiRealSource
Originating MLS: Greater Metropolitan AOR

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507