500 Catherine Street Ann Arbor, MI $ 1,350,000
500 Catherine Street
$ 1,350,000
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500 Catherine Street

Ann Arbor, MI, 48104
$ 1,350,000
Baths0.0 Sq 2,446

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. This 2,446 square foot home was built in 1910 on a lot size of 0.1.

Opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, the property consists of four residential units totaling eight beds, featuring a diverse unit mix of one one-bedroom unit, two two-bedroom units, and one three-bedroom unit. The varied layouts provide broad tenant appeal and exibility 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 benets 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. This property has a gross income of nearly $109,000

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,103

Style

Lot Size

0.1

Year Built

1910

Town/City

Ann Arbor

County/Region

Washtenaw

MLS | Web ID

70545356

Features
General
Heating Hot Water Radiant
Status Active Active
Year Built 1910
County Washtenaw
Class MULTIFAMILY
Type Multi-Family
Municipality Ann Arbor
Subdivision MI
Sale/Rent For Sale
Status Detail 0
HOA Fee Includes Water
Area Ann Arbor (81021)
Primary City Ann Arbor
City Ann Arbor
School District Ann Arbor Public Schools
Financial Terms Cash Conventional
Legal Description LOT 1 MAYNARD & GRUNERS SUBDIVISION
DOM 1
Postal Code 48104
Price Per Sq Ft Total AG 551.92
Public Remarks Opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street
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Exterior
Exterior Aluminum Brick
Frontage 40
Lot Size Area 0.1
Lot Dimensions 40x104
Lot Description Sidewalks
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 4
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* Excluded Features
List By
George Abro

Listing Agent

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.
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Nearby
1447815 Elementary School
1447814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$1,350,000 Listed Price

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500 Catherine Street, Ann Arbor, MI, 48104 is a Multi-Family Home for sale at $1,350,000 with 2,446 sqft and a lot size of 0.1. 500 Catherine Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 48104 which is in Ann Arbor, MI