912 Mary Street, Ann Arbor, MI 48104 (MLS# 25060642)

912 Mary Street, Ann Arbor, MI 48104

$5,495,000

Virtual Tour

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

Property Type: Multi Family Lot Size (sq. ft.): 8,930 Status: Active

Current Price: $5,495,000 List Date: 12/04/2025 Last Modified: 2/11/2026

Overview

Description

Fully Leased for 2026-27! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus. 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 massive 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 Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.

Listing Details MLS# 25060642

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: 8930
Lot Acres: 0.21
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
Basement: Yes

Tax Info

Tax ID #: 09-09-32-103-029
Taxable Value: 903900
SEV: 903900
For Tax Year: 2024
Seller's Annual Property Tax: 62651
Tax Year: 2025
Spec Assessment & Ty: --
Zoning: R4C
Homestead %: 0

Remarks Misc

Directions: Packard to Mary St.

Access Feat

Accessibility Features: No

More Information

Income and Expenses

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

Unit 1

Unit Description: Unit #1
Bathrooms: 6
Full Baths: 6
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garb Disp: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit Description: Unit #2
Bathrooms: 6
Full Baths: 5
Half Baths: Yes
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garb Disp: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 3

Unit Description: Unit #3
Bathrooms: 7
Full Baths: 6
Half Baths: Yes
Range/Oven: Yes
A/C Unit: Yes
Central Air: Yes
Dishwasher: Yes
Garage: Yes
Garb Disp: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 4

Unit Description: Unit #4
Bathrooms: 7
Full Baths: 6
Half Baths: Yes
A/C Unit: Yes
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garb Disp: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Mary St past Benjamin St
Property Sub-Type: 2 to 4 Units
Area: Ann Arbor/Washtenaw - A
Municipality: Ann Arbor

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 909.77

Remarks & Misc

Public Remarks: Fully Leased for 2026-27! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus. 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 massive 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 Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
Tax Def Exchange: Yes

Laundry Features

In Unit: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Aggregate: Yes

Substructure

Full: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Trash Collection: Yes
Water: Yes

Possession

Subject To Tenant Rights: 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: Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Aggregate 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: February - 11 - 2026

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