Properties for sale in Michigan

Location Property Info

County: Washtenaw
Street #: 518
Street Direction: N
Street Name: Division
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 1136

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.08
Lot Square Footage: 2614
Lot Dimensions: 40 x 66
Year Built: 1910
Road Frontage: 40
Garage Y/N: No
Fireplace: No
Income Property: Yes
Total Rooms AG: 7
Total Fin SqFt All Levels: 1100
SqFt Above Grade: 1100
Below Grade Finished SqFt: 288
Below Grade Unfinished SqFt: 300
Building Total SqFt: 1688
Total Beds Above Grade: 4
Total Bedrooms: 5
Full Baths: 2
Total Baths: 2
Main Level Primary: No
Stories: 2
School District: Ann Arbor
Elementary School: Bach Elementary School
Middle School: Slauson Middle School
High School: Pioneer High School
Association YN: No
Waterfront: No
Total Fireplaces: 0
Basement: Yes
# of Outbuildings: 0

Tax Info

Tax ID #: 09-09-29-102-009
Taxable Value: 201400
SEV: 201400
For Tax Year: 2025
Seller's Annual Property Tax: 7062
Tax Year: 2025
Zoning: R4C
Homestead %: 0
Spec Assessment & Type: No

Remarks Misc

Directions: From downtown Ann Arbor: Head north on Division St; property is between E Kingsley St and E Lawrence St.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 3
Upper Full Baths: Yes
Upper Level Square Feet: 550
Total Baths Above Grade: Yes

Main Rooms

Main Bedrooms: Yes
Main Level SQFT: 550

Basement Rooms

Basement Bedrooms: Yes
Basement Full Baths: Yes
Basement Finished SQFT: 288
Total Basement SQFT: 588

Home Energy Rate Sys

HERS Index Number: 3

Location & Property Info

Cross Streets: E Kingsley St & N. Division St
Property Sub-Type: Single Family Residence
Municipality: Ann Arbor
Subdivision: Old Fourth Ward

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 654.55
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: Prime Ann Arbor investment opportunity with $60,000 in contracted annual rental income. This 5-bedroom, 2-bath property is leased at $5,000/month from September 1, 2026 through August 15, 2027, with tenants responsible for all utilities, including water and sewer. Recent capital improvements include a new A/C unit and laundry appliances in 2026, new granite kitchen countertops, furnace in 2024, electrical panel in 2023, and sewer line replacement. Located in the highly desirable Kerrytown/Old Fourth Ward area, just blocks from downtown Ann Arbor, the University of Michigan campus, Kerrytown Market & Shops, and the Ann Arbor Farmers Market. Strong rental location, established income, tenant-paid utilities, and significant recent mechanical and infrastructure updates make this a compelling addition to an Ann Arbor investment portfolio. Home Energy Score of 3. Download report at stream.a2gov.org.
Legal: BEG PT E L DIVISION ST 48.75 FT S OF SW COR LOT 12 BLK 24 ORMSBY & PAGES ADD-TH E PAR TO KINGSLEY ST 4 RDS N 40 FT W 4 RDS S 40 FT TO POB SEC 29 T2S R6E

Lot Description

Level: Yes
Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Utilities Attached

Cable Connected: Yes
High Speed Internet: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes
VA Loan: Yes

Laundry Features

In Basement: Yes

Exterior Material

Other: Yes

Roofing

Asphalt: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes
Wall Furnace: Yes

Air Conditioning

Window Unit(s): Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

Aggregate: Yes
Unpaved: Yes

Substructure

Full: Yes

Windows

Egress Window: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Water Heater

Natural Gas: Yes

Fencing

Fenced Back: Yes

Patio and Porch Features

Porch(es): Yes
Covered: Yes
Deck: Yes

Flooring

Ceramic Tile: Yes
Linoleum: Yes
Wood: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Landscape

Garden Area: Yes
Ground Cover: Yes
Shrubs/Hedges: Yes

Architectural Style

Victorian: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Other Roofing: Asphalt Windows: Egress Window Substructure: Full Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected; Phone Connected Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Air Conditioning: Window Unit(s) Water Heater: Natural Gas Fencing: Fenced Back Flooring: Ceramic Tile; Linoleum; Wood Patio and Porch Features: Covered; Deck; Porch(es) Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Landscape: Garden Area; Ground Cover; Shrubs/Hedges Architectural Style: Victorian Driveway: Aggregate; Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional; VA Loan Possession: Close Of Escrow Sale Conditions: None

518 N Division Street, Ann Arbor, MI 48104

Overview

Description

Open Houses

Listing Details MLS# 26041936