Map
Listed price in listed location currency (USD).
$720,000

520

MLS® 26041936

Open House
Fri Aug 14, 2:00-4:00 PM EDT

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1100 sqft
Garage 
Taxes $7,062
Days Active 0
Lot Size 0.08 Acres
Approx. Age 1910
Avg. Price Per Sqft $654
MLS® Number 26041936

Property Address: 518 N Division St, Ann Arbor, MI, 48104-1136

Average square foot calculated using Size range provided by listing agent.

Description

Prime Ann Arbor investment opportunity with $60, 000 in contracted annual rental income. This 5-bedroom, 2-bath property is leased at $5, 000/month from September 1, 2026 through August 15, 2027, with tenants responsible for all utilities, including water and sewer. Recent capital improvements include a new A/C unit and laundry appliances in 2026, new granite kitchen countertops, furnace in 2024, electrical panel in 2023, and sewer line replacement. Located in the highly desirable Kerrytown/Old Fourth Ward area, just blocks from downtown Ann Arbor, the University of Michigan campus, Kerrytown Market & Shops, and the Ann Arbor Farmers Market. Strong rental location, established income, tenant-paid utilities, and significant recent mechanical and infrastructure updates make this a compelling addition to an Ann Arbor investment portfolio. Home Energy Score of 3. Download report at stream.a2gov.org.
MLS® Number26041936
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFull
DrivewayUnpaved, Aggregate
Garage Spaces
HeatForced Air, Wall Furnace
A/CWindow Unit(s)

Extras

Price History

Last Sold Price

$567,500$567.5K

Appreciation

--

Avg. Days Listed

4 days

Today, For Sale for $720,000

Screenshot 2026-08-11 at 9.34.19AM
For Sale · 0 days

$720,000

MLS® 26041936

A day ago

Not Sold Yet

August 2026, For Sale for $720,000

Screenshot 2026-08-11 at 9.34.19AM
For Sale · 0 days

$720,000

MLS® 26041936

A day ago

Not Sold Yet

September 2025, Sold for $567,500

004_img_3603_436
Sold · 4 days

$567,500$509,900

MLS® 81025044994

A year ago

Sold on Sep 8, 2025

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