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518 N Division Street

Ann Arbor, MI 48104
$720,000
Prime Ann Arbor investment opportunity generating $60,000 in contracted annual rent. Currently configured as a 5-bedroom, 2-bath residence and leased at $5,000/month from September 1, 2026 through August 15, 2027, with tenants paying all utilities, including water and sewer. The existing layout may offer potential for future separation into a… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Ann Arbor Mrkt.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multifamily
Lot Size
0.08 Acres
Year Built
1910
MLS Number
81026041953
30 Days Snapshot Of 48104
$537k
-23%
(avg) sold price
32
-37%
homes sold
61
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Basement?: 1
Building
2 total units, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1910, Other, Unit count: 2
Cooling
Window Unit(s)
Water Features
Public (Municipal)
Heating
Forced Air, Wall Furnace, Natural Gas
Interior Features
Laundry Facility, Cable Available
Lot
Lot size area: 0.08, Lot size dimensions: 40 x 66
Parking
4 parking spaces
Property
Property type: Multifamily
Taxes
Tax amount (summer): $7,062
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Mike Gar
Broker | Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Ann Arbor Preschool and Family Center Telephone N/A Public PK
Bach Elementary School 734-994-1949 Public KG-5
Slauson Middle School 734-994-2004 Public 6-8
Skyline High School 734-994-6515 Public 9-12
Ann Arbor Preschool and Family Center Telephone N/A Public PK
Bach Elementary School 734-994-1949 Public KG-5
Bach Elementary School 734-994-1949 Public KG-5
Slauson Middle School 734-994-2004 Public 6-8
Forsythe Middle School 734-994-1985 Public 6-8
Skyline High School 734-994-6515 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.