912 Mary Street, Ann Arbor, MI 48104 (MLS# 26022380)

912 Mary Street, Ann Arbor, MI 48104

New Listing

$5,249,500

Virtual Tour

https://my.matterport.com/show/?m=sZMYUSF8PKJ

Property Type: Multi Family Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $5,249,500 List Date: 9/25/2026 Last Modified: 9/25/2026

Overview

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.

Listing Details MLS# 26022380

Location Property Info

County: Washtenaw
Street #: 912
Street Name: Mary
Suffix: Street
State: MI
Zip Code: 48104

General Property Info

Lot Measurement: Acres
Lot Square Footage: 7841
Lot Acres: 0.18
Lot Dimensions: 66x135
Year Built: 1901
New Construction: Yes
Construction Status: Completed
Cert of Compliance: Yes
Road Frontage: 66
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 6040
Total Parking Spaces: 12
Waterfront: No
School District: Ann Arbor

Tax Info

Tax ID #: 09-09-32-103-029
Taxable Value: 903900
SEV: 903900
For Tax Year: 2025
Seller's Annual Property Tax: 62000
Tax Year: 2025
Spec Assessment & Ty: --
Zoning: R4C

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 3480
Annual Mgmt. Fees: 24516
Annual Utilities: 5912

More Information

Unit 1

Unit Description: Unit #1
Bathrooms: 6
Full Baths: 6

Unit 2

Unit Description: Unit #2
Bathrooms: 6
Full Baths: 5
Half Baths: Yes

Unit 3

Unit Description: Unit #3
Bathrooms: 7
Full Baths: 6
Half Baths: Yes

Unit 4

Unit Description: Unit #4
Bathrooms: 7
Full Baths: 6
Half Baths: Yes

Property Features

Laundry Features: In Unit Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Aggregate; Concrete Street Type: Paved; Public Terms Available: Cash; Conventional; Tax Def Exchange Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 3: Range/Oven; A/C Unit; Central Air; Dishwasher; Garage; Garb Disp; Refrigerator; Sep. Heat System; Washer/Dryer Unit 4: A/C Unit; Central Air; Deck/Patio; Dishwasher; Garb Disp; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer

Listing Office: Metro Property Services

Listing Agent: Christopher Vessels

Last Updated: September - 25 - 2026

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