Active

538 S Ashley Street

Ann Arbor, Michigan 48103

$565,000 $2,382/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

Description

Exceptional Old West Side duplex set on a mature landscaped lot in a premium location with easy access and walkability to downtown and UM campus. Charming and well maintained, this updated duplex offers a 1st floor 2 bedroom, 1 bath unit with open floor plan and a 2nd floor studio unit with kitchenette & full bath. Shared laundry room has separate entrance for easy access. An enjoyable fenced in backyard has a covered patio area and mature trees for shade. An attached carport is great for car parking or storage for bikes, etc. The paved driveway offers 3 parking spaces. This special property has multiple updates including newer roof, freshly painted exterior, newer covered front porch with eyebrow roof for street appeal, foundation tuck-pointing, newer brick chimney & chimney cap, some ele ctrical updates, newer furnace, humidifier & thermostat, newer hot water heater, some appliances & much more! 1st floor is leased by long-term tenants to July 31, 2027, at $2,020/month forJune & July 2026, increasing to $2,100 per month August 1, 2026. 2nd floor studio leased to June 30, 2026, at $1,130 per month, current tenant not renewing & seller not marketing for lease in order to give the buyer the opportunity to select new 2nd floor rental rate and tenant. Seller pays gas & electric (approx. $2,300 last 12 months) and water & sewer (approx. $900 last 12 months). City Rental Housing Certificate of Compliance in effect until January 25, 2028. Don't miss this terrific opportunity for this solid property and location! Home Energy Score of 2. Download report at Ann Arbor herdmap.

Property Details

Property Type : Multifamily

Price : $565,000

AD Id : 78314382

MLS Id : 81026021390

Beds : 3

Lot Size : 0.00 sq ft lot

Year Built : 1901

County : Washtenaw

Map

Features

Interior Features

Laundry Facility,Cable Available Roof: Other
Heating & Cooling

Cooling: Wall Unit(s),Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1901 Total Units: 2 Roof: Other Foundation/Basement: Crawl
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Water

Public (Municipal)

Lot Information

Lot Size: 0.00 Lot Dimensions: 66x68x66x72 Frontage Feet: 66
Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $565,000
Listing Information

Possession: At Close Legal Description: BEG SE COR LOT 6 B5S R2E WM S MAYNARDS ADD TH N 66 FT TH E TO W L S ASHLEY ST SLY TO S L LOT 6 IF EXTED TH W TO POB PRT SEC 29 T2S R6E

Tax Information

Annual Tax: $11,460 Parcel Number: 090929413009
Possession

At Close
Legal Information

Legal Description: Section: BEG SE COR LOT 6 B5S R2E WM S MAYNARDS ADD TH N 66 FT TH E TO W L S ASHLEY ST SLY TO S L LOT 6 IF EXTED TH W TO POB PRT SEC 29 T2S R6E

Unit 1 Information

# of Bedrooms: 1
Unit 2 Information

# of Bedrooms: 1

School Information

School District: Ann Arbor
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street

Sell a home like this and save $33,401 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1680 Tudor Drive , Ann Arbor, MI, 48103	$450,000	4	--	--
612 Spring Street , Ann Arbor, MI, 48103	$599,999	4	2	1,763	1,763 SqFt
908 Spring Street , Ann Arbor, MI, 48103	$1,039,000	4	--	--
916 Brooks Street , Ann Arbor, MI, 48103	$899,900	3	--	--
1716 Orchard Street , Ann Arbor, MI, 48103	$549,000	4	--	--
413 S Revena Boulevard , Ann Arbor, MI, 48103	$549,000	4	--	--
450-462 W Stadium Boule.., Ann Arbor, MI, 48103	$4,150,000	16	--	--
2219/2221 Dexter Avenue , Ann Arbor, MI, 48103	$375,000	2	--	--

Similar Multifamily To 538 S Ashley Street

Nearby For Sale

Active

$375,000

Multifamily For Sale

2219/2221 Dexter Avenue ,
Ann Arbor, MI, 48103

Bed

Acre(Lot)

450-462 W Stadium Boulevard ,
Ann Arbor, MI, 48103

Bed

Acre(Lot)

845 Brookwood Place ,
Ann Arbor, MI, 48104

Bed

Acre(Lot)

1716 Orchard Street ,
Ann Arbor, MI, 48103

Bed

Acre(Lot)

1308 Traver Road ,
Ann Arbor, MI, 48105

Bed

0.16

Acre(Lot)

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/16/2026 @ 05:22

MLS: 81026021390 LISTED BY: Elizabeth Brien , The Charles Reinhart Company 734-665-0300 SOURCE: Realcomp II Ltd