507 E Ann Street, Ann Arbor, MI 48104

$3,450,000
  • 507 E Ann Street, Ann Arbor, MI 48104 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#26035677
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAnn Arbor

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.

507 E Ann Street | MLS# 26035677

This multi-family property located at 507 E Ann Street, Ann Arbor, MI 48104 is currently listed for sale with an asking price of $3,450,000. E Ann Street is located within the Ann Arbor school district. Search Ann Arbor real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Composition
Taxes: $20,451
Year Built: 1901

Feature Descriptions

Days on Site: 3
Exterior: Aluminum Siding
Laundry: In Basement, In Unit, Laundry Room
Lot: Sidewalk
Lot Dimensions: 46x104
Owner Pays: None
Parcel Number: 09-09-29-105-004
Parking: Concrete, Driveway, Paved
Parking Total: 6
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: Electric, Water, Gas
Units: 7
Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Ann Arbor

Listed By / Shown By

Listed By

Agency Name: Altitude Commercial Real Estat
Agent Name: George Abro
Agency Phone: 248-781-8077

agent picture

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 07/17/2026.

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Estimated Payment

$ 22,008.82 per month $19,298.32 Principal & Interest $1,704.25 Property Tax $1,006.25 Homeowner's Insurance

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