1136 Prospect Street, Ann Arbor, MI 48104-3968
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1136 Prospect Street, Ann Arbor, MI 48104-3968
1136 Prospect Street, Ann Arbor, MI 48104-3968
1136 Prospect Street, Ann Arbor, MI 48104-3968
1136 Prospect Street, Ann Arbor, MI 48104-3968
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Realty Executives Home Towne
$ 3,750,000
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1136 Prospect Street Ann Arbor, MI 48104-3968

3,788 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,788 sqft

Price per Sqft $989

Subdivision Mi

MLS Listing ID 70510086

Year Built 1901

Annual Tax Amount $22,539

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 98X131

Property Sub-Type Multi-Family

Property Description

A truly rare investment opportunity in Ann Arbor's most iconic row of multi-family. The historic Samuel Miller Residence is located in North Burns Park neighborhood less than 1/2 mile from University of Michigan. This 11-unit property has been impeccably maintained, and updated to meet the modern expectations of city ordinance. Zoned R4C, 9-1 bedroom units, 1-2 bedroom unit , 1 efficiency, 11 parking spaces, and an included vacant lot next door, a standout feature rarely found in comparable properties. Each unit has a charm of it's own with unique architectural features, private entry & updated interiors. Electrical, Mechanicals, and systems (mini-splits) have all been updated to manage efficiency and attract quality tenants. 2026 Certificate of Occupancy permit in place. Ideal for investors seeking a combination of cash flow, appreciation, and future development potential in one of Michigan's most lucrative rental markets.

Location

State MI

County Washtenaw

Area Ann Arbor (81021)

Rooms

Basement Egress/Daylight Windows

Exterior

Exterior Feature Brick, Stone, Wood

Building

Lot Description Sidewalks

Foundation Basement

Structure Type Brick,Stone,Wood

Schools

School District Ann Arbor Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by @properties Christie's Int'lAA

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1136 Prospect Street