507 E Ann St
Ann Arbor, MI 48104
Old Fourth Ward
15 Beds
7 Baths
15 Beds
7 Baths
Local Information
- Map ViewExplore the area around 507 E Ann St.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
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Description
Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior nishes feature quartz countertops, custom cabinetry, and consistent high-end nishes throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
Home Highlights
Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 507 E Ann St
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MLS Status: Active |
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 15Number of Bathrooms: 7 |
Appliances & Utilities Utilities: Natural Gas Connected, Electricity Connected, Cable ConnectedLaundry: In Basement,In Unit,Laundry Room |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Gas & Electric Has Electric on Property |
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Exterior Home Features Roof: Composition |
Parking & Garage Parking Spaces: 6Parking: Concrete,Driveway,Paved |
Frontage Road Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1901 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: Aluminum SidingNot a New Construction |
Property Information Parcel Number: 090929105004 |
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Price List Price: $3,450,000 |
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Direction & Address City: Ann Arbor |
School Information High School District: Ann Arbor |
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Listing Agent Listing ID: 26035677 |
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Lot Area: 4791.6 sqft |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity, Water, Gas |
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Owner Pays: None |
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Mls Number: 26035677 |
Last check for updates: about 8 hours ago
Listing courtesy of George Abro, (248) 404-7281
Altitude Commercial Real Estat, (248) 781-8077
Source: MichRIC, MLS#26035677
Market trends in Ann Arbor
Last updated June 2026
Avg. sale price
$503K
$36.5KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$259
$2MoM
Available listings
520
34MoM
Price History for 507 E Ann St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/13/2026 | $3,450,000 | Listed For Sale | MichRIC #26035677 |
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Comparable Sales for 507 E Ann St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $1,230,000 | 07/25/25 | 8 | 4 | - | |
0.58 | Multi-Family Home | $1,020,000 | 11/03/25 | 8 | 8 | 3,680 | |
0.45 | Multi-Family Home | $445,000 | 11/24/25 | 3 | 2 | - | |
0.75 | Multi-Family Home | $459,900 | 09/03/25 | 4 | 2 | 1,499 | |
1.17 | Multi-Family Home | $1,250,000 | 11/14/25 | 10 | 6 | - | |
1.18 | Multi-Family Home | $1,750,000 | 11/14/25 | 12 | 6 | - | |
0.77 | Multi-Family Home | $419,000 | 06/03/26 | 4 | 2 | - | |
0.80 | Multi-Family Home | $500,000 | 10/24/25 | 4 | 2 | 1,570 | |
1.03 | Multi-Family Home | $520,000 | 03/09/26 | 4 | 2 | 1,728 | |
0.91 | Multi-Family Home | $420,000 | 01/15/26 | 3 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKET@properties Christie's Int'lAA
OFF MARKETColdwell Banker Realty
OFF MARKETThe Charles Reinhart Company
OFF MARKETKeller Williams Ann Arbor Mrkt
OFF MARKETThe Charles Reinhart Company
OFF MARKETThe Charles Reinhart Company
FOR SALENEW - 8 HRS AGOAltitude Commercial Real Estat
FOR SALENEW - 8 HRS AGOAltitude Commercial Real Estat
OFF MARKETAltitude Commercial Real Estat
Assigned Schools
These are the assigned schools for 507 E Ann St.
- Ann Arbor Preschool and Family Center
- PK-K
- Public
NAGreatSchools RatingParent Rating AverageJo Ann (the vice principal) is a bully and demonstrates passive aggressiveness towards other adults, which creates a very toxic environment. The principal doesn't even respond to emails or phone calls. The teachers are nice and seem to genuinely care about the kids. If the administration fails, how can the school function? This place is setting itself up for a potential lawsuit in the near future with this "I don't give a care" mentality.Other Review2y ago - Forsythe Middle School
- 6-8
- Public
- 615 Students
9/10GreatSchools RatingParent Rating AverageIt was not great. The way of dealing with mental health and such wasn't great either.Student Review3y ago - Bach Elementary School
- K-5
- Public
- 306 Students
8/10GreatSchools RatingParent Rating AverageBach is a special place to learn and grow.Parent Review4mo ago - Slauson Middle School
- 6-8
- Public
- 715 Students
9/10GreatSchools RatingParent Rating AverageI am currently a student at Slauson Middle School in grade 7, It is a very beautiful place. Most of the teachers are very kind and good people, especially, Mrs. Greene, Mr. Sternfels, Mrs. Margolis, Mrs. Darnton, Mr. Treze, and of course the best of them all Mr. Hooker who isn't a teacher. Although some of the teachers are stricter than others and others more laid back, none our bad people and I am happy to go to this school. The food here is great compared to my elementary school, lots of options. Additionally, it is a safe school, fights are not very common and when they happen they are broken up in a very short time if public, threats to schools are none from what I know, and the punishment system is stricter than average but not unreasonable. Finally, there are counselors you can go to who are very open and nice, Mrs. Kissel, Mrs. Chung, and I forgot the 3rd one. Nothing bad about the school's structure. Overall I would rate this school a 4.6/5. P.S. Homework is not too much but enough for success.Student Review2y ago - Skyline High School
- 9-12
- Public
- 1302 Students
10/10GreatSchools RatingParent Rating AverageI've had 2 children graduate from Skyline thus far. They received an excellent education and were well prepared for college. They both have careers in STEM at this time. They both participated in Magnet Programs and those were very valuable to their learning experience. The majority of their high school friends are doing great in their lives and careers as well. I am 100% satisfied with our experience.Parent Review2y ago 
Check out schools near 507 E Ann St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
George Abro, Altitude Commercial Real Estat, (248) 781-8077
Agent Phone: (248) 404-7281
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
507 E Ann St, Ann Arbor, MI 48104 is a 15 bedroom, 7 bathroom multi-family built in 1901. 507 E Ann St is located in Old Fourth Ward, Ann Arbor. This property is currently available for sale and was listed by MichRIC on Jul 13, 2026. The MLS # for this home is MLS# 26035677.