Pending
Sale Pending at 518 N Division St, Ann Arbor, MI 48104 | MLS# 81026041953 | Listing updated on 2026-08-20
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$720,000

Monthly Est:$3,584

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

518 N Division St, Ann Arbor, MI 48104

$3,584/moEst:

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  • Multi Family

  • Built in 1910

  • $-- HOA

  • 3,484.8 sqft lot

  • --/sqft

Description

Prime Ann Arbor investment opportunity generating $60,000 in contracted annual rent. Currently configured as a 5-bedroom, 2-bath residence and leased at $5,000/month from September 1, 2026 through August 15, 2027, with tenants paying all utilities, including water and sewer. The existing layout may offer potential for future separation into a duplex configuration. Recent improvements include new A/C and laundry appliances in 2026, granite kitchen countertops, furnace in 2024, and electrical panel in 2023. Outstanding Kerrytown/Old Fourth Ward location near downtown Ann Arbor, University of Michigan, Kerrytown Market & Shops, and the Farmers Market. Strong existing income ...

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  • Houzeo last checked: 5 minutes ago
  • Listing updated: August 20, 2026 at 2:53 pm
  • Listing Provided by: Kiara Nelson (734) 732-3844 , Dominic Nelson | Keller Williams Ann Arbor Mrkt (734) 995-9400
  • Source: Realcomp MLS-MI | MLS#: 81026041953 Realcomp MLS-MI
  • Originating MLS: Greater Metropolitan Association of REALTORS

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Building
518 N Division St
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Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Washtenaw County

  • City

    Ann Arbor

  • Neighborhood

    Old Fourth Ward

  • Year Built

    1910

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    3,484.8 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    81026041953

  • MLS Status

    Pending

  • Days on Market

    43

  • Cumulative Days on Market

    2

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Cooling

    Window Units

  • Heating

    Forced Air, Natural Gas, Wall Furnace

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1910

  • Home type

    Multi Family

  • Construction Materials

    Other

Utilities & Energy

  • Laundry Features

    In Basement

  • Water Source

    Public

  • Basement

    Full

  • Parking Features

    Aggregate, Unpaved

  • Utilities

    Cable Connected, Natural Gas Connected, Phone Connected

Other Features

  • Subdivision Name

    Old Fourth Ward

  • Lot Features

    Level

  • Community Features

    Sidewalks

Price History

DateEventPrice

08/15/2026

Source: mls_logoRealcomp MLS-MI #81026041953

Pending

$720,000

$0/sqft

08/11/2026

Source: mls_logoRealcomp MLS-MI #81026041953

Listed for Sale

$720,000 +26.87%

$0/sqft

09/26/2025

Source: mls_logoRealcomp MLS-MI #81025044994

Sold

$567,500 +11.30%

$0/sqft

09/04/2025

Source: mls_logoRealcomp MLS-MI #81025044994

Listed for Sale

$509,900

$0/sqft

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 23, 2026, 09:00PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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