507 E Ann St

507 E Ann St, Ann Arbor, MI 48104

Property Information

  • For Sale $3,100,000
  • Property Type Multi-Family
  • Property Size 4,256 SF
  • Units 7
  • Lot Size 0.11 Acre
  • Year Built 1901
  • Date Updated Nov 9, 2026

Description

Discover the vibrant neighborhood surrounding 507 E Ann St, Ann Arbor, MI. Located in the heart of the city, this area boasts a thriving cultural scene, renowned dining options, and exceptional shopping opportunities. Ann Arbor is also home to the University of Michigan, providing an educated and diverse population. Nearby attractions like the historic Kerrytown District and the beautiful Nichols Arboretum offer residents and tenants a vibrant and engaging community. With its blend of urban convenience and natural beauty, this location presents an enticing opportunity for multifamily or high-rise investors seeking to capitalize on the appeal of Ann Arbor.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 finishes feature quartz countertops, custom cabinetry, and consistent high-end finishes 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.

Highlights

  • 6 on-site parking spaces
  • 7-unit multifamily property with 15 total beds
  • Consistent high-end finishes across all units
  • Extensive renovations completed throughout the property
  • Located in the highly desirable Kerrytown district of Ann Arbor

Contacts

Location

Located at 507 E Ann St, Ann Arbor, MI 48104, this property is part of the Downtown Ann Arbor neighborhood and Detroit market.

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