Property Type:
Multi Family
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$1,350,000
List Date:
7/13/2026
Last Modified:
7/16/2026
500 Catherine Street, Ann Arbor, MI 48104
New Listing
$1,350,000
Overview
Description
Listing Details MLS# 26035679
Location Property Info
- County
- Washtenaw
- Street #
- 500
- Street Name
- Catherine
- Suffix
- Street
- State
- MI
- Zip Code
- 48104
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 4356
- Lot Acres
- 0.1
- Lot Dimensions
- 40x104
- Year Built
- 1910
- New Construction
- No
- Financial Available
- Yes
- Financial Comments
- Gross income 108,840
- Cert of Compliance
- Yes
- Road Frontage
- 40
- Total # Units
- 4
- # of Diff Unit Floor Plans
- 4
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 2446
- Total Parking Spaces
- 8
- Waterfront
- No
- School District
- Ann Arbor
- Association YN
- No
- Basement
- Yes
Tax Info
- Tax ID #
- 09-09-29-105-025
- Taxable Value
- 390300
- SEV
- 390300
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 18103
- Tax Year
- 2025
- Spec Assessment & Ty
- 0.00
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit #
- Yes
- Unit Description
- unit 1 2 beds 1 bath
- Occupied
- Yes
- Monthly Rent
- 2170
- Bathrooms
- Yes
- Full Baths
- Yes
- A/C Unit
- Yes
- Dishwasher
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- unit 2 lease pending
- Occupied
- No
- Monthly Rent
- 3000
- Bathrooms
- Yes
- Full Baths
- Yes
- A/C Unit
- Yes
- Central Air
- Yes
- Dishwasher
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- 2 bed 1 bath
- Occupied
- Yes
- Monthly Rent
- 1950
- Bathrooms
- Yes
- Full Baths
- Yes
- Range/Oven
- Yes
- A/C Unit
- Yes
- Dishwasher
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Unit 4
- Unit #
- 4
- Unit Description
- 1 bed 1 bath
- Occupied
- Yes
- Monthly Rent
- 1500
- Bathrooms
- Yes
- Full Baths
- Yes
- A/C Unit
- Yes
- Dishwasher
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Location & Property Info
- Cross Streets
- Division and Catherine
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Ann Arbor
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 551.92
Remarks & Misc
- Public Remarks
- 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.
- Legal
- LOT 1 MAYNARD & GRUNERS SUBDIVISION
Lot Description
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- No
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Aluminum Siding
- Yes
- Brick
- Yes
Assoc. Fee Incl.
- Water
- Yes
Roofing
- Composition
- Yes
Heat Source
- Other
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Hot Water
- Yes
- Radiant
- Yes
Air Conditioning
- Window Unit(s)
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Water
- Yes
Driveway
- Concrete
- Yes
Substructure
- Full
- Yes
Extras
- Sep Electric Meter
- Yes
Owner Pays
- Water
- Yes
Property Features
Laundry Features:
In Basement
Exterior Material:
Aluminum Siding; Brick
Roofing:
Composition
Substructure:
Full
Lot Description:
Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras:
Sep Electric Meter
Owner Pays:
Water
Tenant Pays:
Electric; Gas; Water
Heat Source:
Other
Heat Type:
Hot Water; Radiant
Air Conditioning:
Window Unit(s)
Driveway:
Concrete
Street Type:
Paved; Public
Mineral Rights:
No
Terms Available:
Cash; Conventional
Sale Conditions:
None
Unit 1:
A/C Unit; Dishwasher; Range Oven; Refrigerator; Washer/Dryer
Unit 2:
A/C Unit; Central Air; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
Unit 3:
Range/Oven; A/C Unit; Dishwasher; Refrigerator; Washer/Dryer
Unit 4:
A/C Unit; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
Listing Office:
Altitude Commercial Real Estat
Listing Agent:
George Abro
Last Updated: July - 16 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
