507 E Ann Street, Ann Arbor, MI 48104

Local realty services provided by:Better Homes and Gardens Real Estate Connections
507 E Ann Street,Ann Arbor, MI 48104
$3,450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: george abro
Office: altitude commercial real estat
MLS#:26035677
Source:MI_MICHRIC

Price summary

  • Price:$3,450,000

About this home

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 nishes feature quartz countertops, custom cabinetry, and consistent high-end nishes throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.

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Home facts

  • Year built:1901
  • Listing ID #:26035677
  • Added:1 day(s) ago
  • Updated:July 13, 2026 at 11:55 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1901
  • Lot area:0.11 Acres
  • Construction Materials:Aluminum Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,450,000
  • Tax amount:$20,451 (2025)

Parking

  • Total parking spaces:6