500 Catherine Street Ann Arbor, MI $ 1,350,000
500 Catherine Street
$ 1,350,000
Recently Listed
Share Save

500 Catherine Street

Ann Arbor, MI, 48104
$ 1,350,000
Baths5.0

Monthly Estimate*

$ 8,524

500 Catherine Street, Ann Arbor, MI 48104 - Image 1
Studio

Multi-Family Home for sale in Ann Arbor, MI

for $1,350,000 with 5 full baths. This home was built in 1910 on a lot size of 0.1.

Rare opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, this property consists of four residential units totaling eight beds, featuring a diverse unit mix of 1- one-bedroom unit, 2- two-bedroom units, and 1- three-bedroom unit. The varied layouts provide broad tenant appeal and flexibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benefits from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment. This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets.

See more

Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Full Bath

5

Property Type

Multi-Family

Taxes

$ 18,103

Style

2 to 4 Units

Lot Size

0.1

Year Built

1910

Town/City

Ann Arbor

County/Region

Washtenaw

MLS | Web ID

26035679

Features
General
Sewer Public Sewer
Heating Hot Water Radiant
Cooling Window Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Roof Composition
Association Fee Includes Water
Construction Materials Aluminum Siding Brick
Year Built 1910
Tenant Pays Electric Water Gas
Township Ann Arbor
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Washtenaw
New Construction N
Property Type Multi Family
HOA Y
Attached Garage N
Status Active
City Ann Arbor
High School District Ann Arbor
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 18103.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 390300
Legal Description LOT 1 MAYNARD & GRUNERS SUBDIVISION
Senior Community None
See more
Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement
Total Baths 5
See more
Exterior
Parking Features Concrete Driveway
Lot Features Sidewalk
Total Parking 8.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 40x104
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 500
See more
* Excluded Features
List By
Altitude Commercial Real Estat

Broker

George@AltitudeCRE.com

Email

Affordability Calculator

$10,033
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$1,509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4385217 Elementary School
4385218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$1,350,000 Listed Price

Map


See all

500 Catherine Street, Ann Arbor, MI, 48104 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.1. 500 Catherine Street is a studio with 5.0 baths and was built in 1910. The property's zip code is 48104 which is in Ann Arbor, MI