Address
912 Mary Street, Ann Arbor, MI
Price
$ 5,249,500
Property Attributes
- MLS#26022380
- TypeMulti-Family
- Listing Status Active
- CountyWASHTENAW
- CityAnn Arbor
- AreaAnn Arbor
- NeighborhoodAnn Arbor
- Zip48104
- Style2 to 4 Units
- Year Built1901
- Taxes$ 62000
- Price$ 5,249,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.18 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Fully Leased for 2026-27 with total scheduled revenue of $419,400! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus and the brand new Wolverine Village dorm. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a potential Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and property is very popular with University of Michigan Athletes.
| Price History | |
|---|---|
| 5/14/2026 | Listed $5,295,000 |
| 9/25/2026 | Listed $5,249,500 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Vinyl Siding |
| Year Built | 1901 |
| Tenant Pays | Electric,Gas |
| Township | Ann Arbor |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| Ownership | Private Owned |
| OwnerPays | Water,Sewer |
| County | Washtenaw |
| Insurance Expense | 3480.0 |
| New Construction | Yes |
| Property Type | Multi Family |
| Attached Garage | No |
| Status | Active |
| City | Ann Arbor |
| High School District | Ann Arbor |
| Zoning Description | R4C |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7841.0 |
| Listing Terms | Cash,Conventional,Tax Def Exchange |
| Land Lease Y/N | No |
| Tax Annual Amount | 62000.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=sZMYUSF8PKJ |
| Standard Status | Active |
| Tax Assessed Value | 903900 |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 2 BLK 4 EXC W 8 FT OF S 47 FT JOHN F LAWRENCES ADDN |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Laundry Features | In Unit |
Exterior Features
| Parking Features | Aggregate,Driveway,Concrete |
|---|---|
| Total Parking | 12.0 |
| Lot Size Area | 0.18 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 66x135 |
| Lot Size Acres | 0.18 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48104
Price
Taxes
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 26, 2026 7:18 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
