Property Type:
Multi Family
Lot Size (sq. ft.):
3,675
Status:
Pending
Current Price:
$525,000
List Date:
2/27/2026
Last Modified:
3/02/2026
616 S Ashley Street, Ann Arbor, MI 48103
New Listing
$525,000
Description
Opportunity knocks! Charming historic 3-bedroom downtown Ann Arbor home offers possibilities to investors and business owners due to its C2B (business services) zoning, which allows for short term rental (i.e., AirBnB) retail, food service and more. This property would also be perfect for a primary residence, with a great front porch, 2 full bathrooms, a desirable walkable location, and off-street parking at the rear. Wood floors, remodeled kitchen, open living room-dining room floorplan, many updates, and nicely maintained. Come explore all that this property offers!
More Information MLS# 26007205
Location & Property Info
Cross Streets: W Madison + S Main St
Property Sub-Type: 2 to 4 Units
Municipality: Ann Arbor
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 0
Financial Available: Yes
Road Frontage: 0
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 1
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Ann Arbor
Elementary School: Bach Elementary School
High School: Skyline High School
Middle School: Slauson Middle School
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 3675
Lot Acres: 0.08
Year Built: 1901
Tax Info
Taxable Value: 194903
SEV: 218600
For Tax Year: 2025
Seller's Annual Property Tax: 0
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: C2B
Tax ID #: 09-09-29-414-012
Remarks & Misc
Public Remarks: Opportunity knocks! Charming historic 3-bedroom downtown Ann Arbor home offers possibilities to investors and business owners due to its C2B (business services) zoning, which allows for short term rental (i.e., AirBnB) retail, food service and more. This property would also be perfect for a primary residence, with a great front porch, 2 full bathrooms, a desirable walkable location, and off-street parking at the rear. Wood floors, remodeled kitchen, open living room-dining room floorplan, many updates, and nicely maintained. Come explore all that this property offers!
Legal: N 30 FT OF S 35.4 FT OF LOT 9 HINMANS SUBD. SUBJECT TO AND TOGETHER W/ ROW FOR MUTUAL DRIVEWAY AS RECRDED IN L1503:P796 SPLIT/COMBINED ON 02/26/2020 FROM 09-09-29-414-005, 09-09-29-414-006;
Lot Description
Sidewalk: 1
Income and Expenses
Gross Op. Inc.: 38216
Street Type
Public: 1
Util Avail at Street
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
Exterior Material
Stucco: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Shared Paved: 1
Substructure
Full: 1
Owner Pays
None: 1
Unit 1
Unit Description: Single Family
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Location Property Info
County: Washtenaw
Street #: 616
Street Direction: S
Street Name: Ashley
Suffix: Street
State: MI
Zip Code: 48103
Zip (4): 4908
OfficeContract Info
Status: Pending
Current Price: $525,000
List Price: $525,000
Listing Date: 2026-02-27
Status Change Info
Under Contract Date: 2026-03-02
Property Features
Laundry Features: In Basement
Exterior Material: Stucco
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Hot Water
Driveway: Shared Paved
Street Type: Public
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office:
@properties Christie's Int'lAA
Listing Agent:
Natalie Jean
Last Updated: March - 02 - 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.
