Date
Details
Price
Change
Source
7/13/2026
Listed
$3,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 507 E Ann St
General
- Price: $3,450,000
- Taxes: $20,451
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26035677
- Updated: 7/13/2026
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: In Basement, In Unit, Laundry Room
Parking
- Total Spaces: 6
- Parking Features: Concrete, Driveway, Paved
Location
- County: Washtenaw
- Cross Streets: N. Division and Ann
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Utility Description: Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Roof: Composition
- Year Built: 1901
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Dimensions: 46 x 104
- Frontage: Paved
- Lot Features: Sidewalk
Financial Considerations
- Tax Amount: $20,451
- Terms: Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Gas
Disclosures and Reports
- Legal Description: E 1/2 LOT 5 AND W 9 FT LOT 6 PLAT OF G WILCOXSON LAND
- Property ID: 09-09-29-105-004
Listed by Altitude Commercial Real Estat, George Abro
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Listing agent
— 507 E Ann St —
George Abro
Altitude Commercial Real Estat
NMLS#: 1598647
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Schools
Schools serving 507 E Ann St
School District:Ann Arbor Public Schools
| Name | Grades | Distance |
|---|---|---|
Bach Elementary School 600 West Jefferson Street, Ann Arbor, MI 48103 | K-5 | 0.8 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 | 6-8 | 1 mi |
Forsythe Middle School 1655 Newport Road, Ann Arbor, MI 48103 | 6-8 | 1.6 mi |
Skyline High School 2552 North Maple Road, Ann Arbor, MI 48103 | 9-12 | 2.4 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 507 E Ann St
Tax History
Tax History for 507 E Ann St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,064
240%
$868,200
20%
2023
$14,742
—
$722,300
20%
2023
$14,742
38%
$603,100
-5%
2022
$10,694
—
$637,400
10%
2022
$10,694
-18%
$581,400
5%
2020
$13,028
—
$554,900
17%
2020
$13,028
5%
$472,800
3%
2019
$12,427
8%
$461,200
20%
2016
$11,460
-3%
$384,700
5%
2017
$11,762
3%
$366,900
5%
2016
$11,460
2%
$348,300
8%
2015
$11,181
2%
$323,700
4%
2014
$10,990
4%
$310,800
2%
2013
$10,599
—
$304,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 E Ann St
507 E Ann Street, Ann Arbor, MI 48104 (MLS# 26035677) is a Single Family property with 0 bedrooms and 0 full bathrooms. 507 E Ann Street is currently listed for $3,450,000 and was received on July 13, 2026. Want to learn more about 507 E Ann 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.