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$ 2,800,000
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Active
1136 Prospect #1 Street Ann Arbor, MI 48104-3968
3,788 SqFt
UPDATED:
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 $739
Subdivision Mi
MLS Listing ID 70510109
Year Built 1901
Annual Tax Amount $22,539
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50X130
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 vacant lot next door that can be purchased separately, 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, and appreciation 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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by @properties Christie's Int'lAA