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$1,350,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Total Baths
  • Updated 20 hours ago
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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

Full Property Details for 500 Catherine St

General

  • Price: $1,350,000
  • Taxes: $18,103
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26035679
  • Updated: 7/13/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Other Rooms

  • Laundry: In Basement

Parking

  • Total Spaces: 8
  • Parking Features: Concrete, Driveway

Location

  • County: Washtenaw
  • Cross Streets: Division and Catherine

Community

  • Association: Yes
  • Assoc. Fees Include: Water

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Hot Water, Radiant

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding, Brick
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Dimensions: 40 x 104
  • Frontage: Paved
  • Lot Features: Sidewalk

Financial Considerations

  • Tax Amount: $18,103
  • Terms: Cash, Conventional
  • Landlord Pays: Water
  • Tenant Pays: Electricity, Water, Gas

Disclosures and Reports

  • Legal Description: LOT 1 MAYNARD & GRUNERS SUBDIVISION
  • Property ID: 09-09-29-105-025

Listed by Altitude Commercial Real Estat, George Abro

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Listing agent

— 500 Catherine St —

  • George Abro

    Altitude Commercial Real Estat

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 500 Catherine St

School District:Ann Arbor Public Schools
NameGradesDistance
Bach Elementary School
600 West Jefferson Street, Ann Arbor, MI 48103
K-50.8 mi
Ann Arbor Preschool and Family Center
2775 Boardwalk Drive, Ann Arbor, MI 48104
PK-2.5 mi
Slauson Middle School
1019 West Washington Street, Ann Arbor, MI 48103
6-81 mi
Forsythe Middle School
1655 Newport Road, Ann Arbor, MI 48103
6-81.6 mi
Skyline High School
2552 North Maple Road, Ann Arbor, MI 48103
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 Catherine St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$1,350,000
9.76%
MLS
7/24/2025
Sold
$1,230,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 500 Catherine St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,103
11%
$390,300
5%
2023
$16,242
—
$371,400
8%
2023
$16,242
38%
$342,900
17%
2022
$11,782
—
$294,200
-15%
2022
$11,782
-18%
$348,000
1%
2020
$14,354
—
$343,600
-1%
2020
$14,354
5%
$347,900
—
2019
$13,691
8%
$348,400
—
2016
$12,627
-3%
$349,500
11%
2017
$12,958
3%
$315,100
15%
2016
$12,627
3%
$274,400
16%
2015
$12,319
2%
$236,700
18%
2014
$12,108
4%
$200,800
2%
2013
$11,678
—
$197,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Altitude Commercial Real Estat, George Abro

500 Catherine Street, Ann Arbor, MI 48104 (MLS# 26035679) is a Single Family property with 0 bedrooms and 0 full bathrooms. 500 Catherine Street is currently listed for $1,350,000 and was received on July 13, 2026. Want to learn more about 500 Catherine Street? Do you have questions about finding other Single Family real estate for sale in Ann Arbor? You can browse all Ann Arbor real estate or contact a Coldwell Banker agent to request more information.

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