540 Walnut St, Ann Arbor, MI 48104
OFF MARKET

$661,900

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 1,596 sqft

540 Walnut St, Ann Arbor, MI 48104

South University
Est. Refi. Payment $4,423/mo*
Refinance Your Home
Currently Off Market - Sold Apr 14, 2000 for $46,889

Home Value

Trulia Estimate
$662K
Since last month
Decreased$4K (-0.6%)
Since last year
Decreased$63K (-8.6%)
Since last sale
Increased$623K (+1,328.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +33% in the last 10 years
MonthEstimated value
2026
September 2026$670K
August 2026$674K
July 2026$677K
June 2026$720K
May 2026$688K
April 2026$686K
March 2026$697K
February 2026$684K
January 2026$716K
2025
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
514 Pauline Blvd, Ann Arbor, MI
1.30
Multi-Family Home
$679,000
12/01/25
3
2
1,624
711 Granger Ave, Ann Arbor, MI
0.91
Multi-Family Home
$660,000
06/11/26
4
2
-
616 S Ashley St, Ann Arbor, MI
1.05
Multi-Family Home
$560,000
03/13/26
3
2
-
1419 S State St, Ann Arbor, MI
0.98
Multi-Family Home
$585,000
02/18/26
5
1
-
1509 White St, Ann Arbor, MI
1.05
Multi-Family Home
$549,000
05/15/26
4
2
-
1558/1560 W Jones Dr SW, Ann Arbor, MI
1.29
Multi-Family Home
$570,000
10/17/25
4
2
1,992
117 E Summit St, Ann Arbor, MI
1.22
Multi-Family Home
$445,000
11/24/25
3
2
-
222 Buena Vista Ave, Ann Arbor, MI
1.67
Multi-Family Home
$520,000
03/09/26
4
2
1,728
909 Packard St, Ann Arbor, MI
0.62
Multi-Family Home
$1,820,000
01/22/26
12
-
4,168
603 Gott St, Ann Arbor, MI
1.58
Multi-Family Home
$500,000
10/24/25
4
2
1,570

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1603 S University Ave, Ann Arbor, MI 48104
0.10
$806,400
5
2
1,919
Off Market
1607 S University Ave, Ann Arbor, MI 48104
0.11
$789,900
4
2.5
2,292
For Sale
1609 S University Ave, Ann Arbor, MI 48104
0.12
$954,000
4
2.5
2,162
Off Market
1706 S University Ave, Ann Arbor, MI 48104
0.17
$1,156,600
6
2.5
3,083
Off Market
2 Geddes Hts, Ann Arbor, MI 48104
0.22
$1,218,900
4
3
3,901
Off Market
4 Geddes Heights Dr, Ann Arbor, MI 48104
0.22
$1,500,000
3
3.5
2,997
Recently Sold
10 Geddes Hts, Ann Arbor, MI 48104
0.24
$1,184,800
3
2.5
2,480
Off Market
1825 Geddes Ave, Ann Arbor, MI 48104
0.25
$1,960,600
5
4
5,959
Off Market
14 Geddes Heights Dr, Ann Arbor, MI 48104
0.25
$1,484,000
4
2.5
3,044
Off Market
16 Geddes Hts, Ann Arbor, MI 48104
0.27
$1,417,500
4
3.5
3,588
Off Market
916 Olivia Ave, Ann Arbor, MI 48104
0.33
$1,495,000
4
4
3,812
For Sale
805 Oxford Rd, Ann Arbor, MI 48104
0.33
$2,385,000
6
6.5
8,670
Recently Sold

Local Information

  • Map ViewExplore the area around 540 Walnut St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1930
1,596 sqft
$415/sqft
Garage

About this House

This house is close to everything! With 6 bedrooms, 2 baths, This house is actually two apartments that we find one group to lease. It has a nice living room, a formal dining room with hardwood floors, and two studies. A large covered front porch spans the entire front of the house. The main kitchen has a dishwasher and laundry is located in the basement. Parking is also available, including one garage space.

No Pets Allowed

(RLNE1899)
540 Walnut St, Ann Arbor, MI 48104 is a 1 bedroom, 1 bathroom, 1,596 sqft multi-family in South University, built in 1930. It last sold for $46,889 on Apr 14, 2000. More recently, it was listed as a rental in December 2023 with an asking price of $960 per month. That rental listing was removed on January 4, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $661,900, with a rent estimate of $1,297/month.

Home Details for 540 Walnut St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 11
Appliances & Utilities
DryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Metal
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 3484 sqft

Price and Tax history

DateEventPrice
Jan 4, 2024
Source: Zillow Rentals
ListingRemoved
Dec 9, 2023
Source: Zillow Rentals
Listed For Rent
$960
Jun 14, 2018
Source: Agent Provided
ListingRemoved
$800
Apr 12, 2018
Source: Agent Provided
PriceChange
$800
Price decreased by 18%
Oct 13, 2017
Source: Agent Provided
Listed For Rent
$970

Market trends in Ann Arbor

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$510K
$4.17KMoM
Sale-to-List Price
99.6%
0.4%MoM
Price per sq ft
$270
$8MoM
Available listings
552
6MoM

Around this home

Neighborhood Overview

South University
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South University

  • Angelinankas
    "very nice and safe neighborhood. lots of shopping and eateries around here. lots of grocery stores around here including whole foods and trader Joe's. "
    3
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 540 Walnut St

  • What is 540 Walnut St estimated to be worth?
    Trulia's estimated value for 540 Walnut St in Ann Arbor, MI is $661,900.
  • What is the price history for 540 Walnut St?
    540 Walnut St in Ann Arbor, MI last sold for $46,889 in April 2000.
  • Is Ann Arbor a buyer's or seller's market?
    Ann Arbor is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ann Arbor?
    The median sale price in Ann Arbor is $510K. That is up $4.17K from the prior month.
  • Does 540 Walnut St have laundry facilities?
    Yes, 540 Walnut St in Ann Arbor, MI has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 540 Walnut St

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