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$720,000
-- Bed
-- Bath
--sqft
518 N Division St, Ann Arbor, MI 48104
$720,000
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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 ...
Continue Reading- Houzeo last checked: 42 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
- Originating MLS: Greater Metropolitan Association of REALTORS
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
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
15
Cumulative Days on Market
2
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