507 E Ann Street
Ann Arbor, Michigan 48104
15
Bed
0
Bath
0.11Acre(Lot)
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 nishes feature quartz countertops, custom cabinetry, and consistent high-end nishes throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytow
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Laundry Facility,Cable Available Roof: Composition -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1901 Total Units: 7 Roof: Composition -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.11 Lot Dimensions: 46x104 Frontage Feet: 46 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $3,450,000 -
Listing Information
Legal Description: E 1/2 LOT 5 AND W 9 FT LOT 6 PLAT OF G WILCOXSON LAND
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Tax Information
Annual Tax: $20,451 Parcel Number: 090929105004Legal Information
Legal Description: Section: E 1/2 LOT 5 AND W 9 FT LOT 6 PLAT OF G WILCOXSON LAND
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Unit 1 Information
# of Bedrooms: 4 -
Unit 3 Information
# of Bedrooms: 1
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School Information
School District: Ann Arbor -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 845 Brookwood Place , Ann Arbor, MI, 48104 | $900,000 | 4 | -- | -- | |
| 1136 Michigan Avenue , Ann Arbor, MI, 48104 | $850,000 | 5 | 2 | 1,320 | 1,320 SqFt |
| 600 Catherine Street , Ann Arbor, MI, 48104 | $1,100,000 | 4 | -- | -- | |
| 500 Catherine Street , Ann Arbor, MI, 48104 | $1,350,000 | 8 | -- | -- | |
| 1810 E Stadium Boulevard , Ann Arbor, MI, 48104 | $590,000 | 3 | -- | -- |
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ByOwner last updated this listing 07/19/2026 @ 13:15
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