LKV Realty
Logo
$3,199,000
$7,200Reward *
507 E Ann Street, Ann Arbor, MI 48104Listing ID 26035677

507 E Ann Street, Ann Arbor, MI 48104

Active
Time on site: 30 daysLast updated: Jul 31, 2026
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
Multi Family
Acres
Acres
0.11
Days on Site
Days on Site
30
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1901
Parking
Parking
Paved, Concrete

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.

Property Information

Property Details

Location

Address
507 E Ann Street
County
Washtenaw
City
Ann Arbor
Zip Code
48104
School District
Ann Arbor

Interior Features

Other Rooms

Laundry Features
In Basement, In Unit, Laundry Room

Building

Building Information

Year Built
1901
Construction
Aluminum Siding
Roof
Composition

Property Taxes

Tax Annual Amount
$20,451
Tax Year
2025
George AbroAltitude Commercial Real Estat, (248) 781-8077

Market Report for 48104

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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