$698,500
Ann Arbor, MI 48103
MLS# 26025539
4 beds | 2 baths | 1494 sqft
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Property Description
Exceptional investment opportunity in the heart of Ann Arbor!Well maintained Water Hill duplex located just a couple of blocks from all Kerrytown & downtown.This versatile duplex offers both short-term and long-term income potential with permits already in place for rental and short-term rental use. Unit A is fully updated and currently operating as a successful Airbnb, featuring 2 bedrooms plus a smaller flex room perfect for a home office or guest space, 1.5 bathrooms, private basement access with washer and dryer, and its own private entry. Unit B is a separate 1-bedroom unit with an open living/dining/kitchenette area, updated full bath with tub/shower, laundry with stacked washer/dryer, enclosed rear porch/mudroom, and private entry, currently leased as a rental unit. The property also features a welcoming front porch, fenced backyard, detached two-car garage, and separate/private entrances for both units, offering excellent privacy and functionality for tenants or guests.
Details
Maps
Location & Property Info
Cross Streets: Main & Felch
Property Sub-Type: Single Family Residence
Municipality: Ann Arbor
Subdivision: Assrs 22 - Ann Arbor
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 467.54
General Property Info
New Construction: No
Lot Dimensions: 63' x 99''
Road Frontage: 99
Garage Y/N: Yes
Garage Spaces: 2
Fireplace: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 10
Total Fin SqFt All Levels: 1494
SqFt Above Grade: 1494
Below Grade Finished SqFt: 1494
Below Grade Unfinished SqFt: 1494
Building Total SqFt: 1494
Total Beds Above Grade: 4
Main Level Primary: Yes
Stories: 2
School District: Ann Arbor
Elementary School: Bach Elementary School
High School: Skyline High School
Middle School: Forsythe Middle School
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.14
Lot Square Footage: 6098
Year Built: 1910
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 200529
SEV: 225200
For Tax Year: 2025
Seller's Annual Property Tax: 10773
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: $225,200, Tax record
Zoning: RC1
Tax ID #: 09-09-20-409-015
Remarks & Misc
Public Remarks: Exceptional investment opportunity in the heart of Ann Arbor!Well maintained Water Hill duplex located just a couple of blocks from all Kerrytown & downtown.This versatile duplex offers both short-term and long-term income potential with permits already in place for rental and short-term rental use. Unit A is fully updated and currently operating as a successful Airbnb, featuring 2 bedrooms plus a smaller flex room perfect for a home office or guest space, 1.5 bathrooms, private basement access with washer and dryer, and its own private entry. Unit B is a separate 1-bedroom unit with an open living/dining/kitchenette area, updated full bath with tub/shower, laundry with stacked washer/dryer, enclosed rear porch/mudroom, and private entry, currently leased as a rental unit.
The property also features a welcoming front porch, fenced backyard, detached two-car garage, and separate/private entrances for both units, offering excellent privacy and functionality for tenants or guests.
Legal: LOT 8 ASSESSORS PLAT NO 22
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Util Avail at Street
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
High Speed Internet: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Association Info.
Approx. Assoc Fee: 0
Laundry Features
In Basement: 1
Main Level: 1
Assoc. Amenities
Laundry: 1
Pets Allowed: 1
Exterior Material
Aluminum Siding: 1
Assoc. Fee Incl.
None: 1
Roofing
Shingle: 1
Parking Features
Detached: 1
Garage Door Opener: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Wall Unit(s): 1
Window Unit(s): 1
Access Feat
Accessibility Features: Yes
Accessibility Feat
Accessible Mn Flr Full Bath: 1
Upper Rooms
Upper Bedrooms: 3
Upper Level Square Feet: 1494
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Full Baths: 2
Main Level SQFT: 1494
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 1008
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 1008
Driveway
Concrete: 1
Substructure
Full: 1
Windows
Insulated Windows: 1
Kitchen Features
Eating Area: 1
Additional Items
Sump Pump: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Water Heater
Natural Gas: 1
Fencing
Fenced Back: 1
Patio and Porch Features
Patio: 1
Porch(es): 1
Flooring
Carpet: 1
Ceramic Tile: 1
Tile: 1
Architectural Style
Colonial: 1
Other: 1
Possession
Close Of Escrow: 1
Home Energy Rate Sys
HERS Index Number: 1
Location Property Info
County: Washtenaw
Street #: 118
Street Name: Felch
Suffix: Street
State: MI
Zip Code: 48103
Zip (4): 3379
OfficeContract Info
Status: Active
List Price: $698,500
Current Price: $698,500
Listing Date: 2026-04-14
Property Features
Accessibility Feat: Accessible Mn Flr Full Bath
Laundry Features: In Basement; Main Level
Exterior Material: Aluminum Siding
Roofing: Shingle
Windows: Insulated Windows
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected
Util Avail at Street: Storm Sewer
Kitchen Features: Eating Area
Additional Items: Sump Pump
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Wall Unit(s); Window Unit(s)
Water Heater: Natural Gas
Fencing: Fenced Back
Flooring: Carpet; Ceramic Tile; Tile
Patio and Porch Features: Patio; Porch(es)
Parking Features: Detached; Garage Door Opener
Architectural Style: Colonial; Other
Driveway: Concrete
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Room Information
| Room Name | Length | Length | Width | Level | Width |
| Dining Room | 411.00 | 411.00 | 911.00 | Main | 911.00 |
| Office | 85.00 | 85.00 | 105.00 | Upper | 105.00 |
| Living Room | 174.00 | 174.00 | 132.00 | Main | 132.00 |
| Primary Bedroom | 1110.00 | 1110.00 | 137.00 | Upper | 137.00 |
| Kitchen | 1110.00 | 1110.00 | 92.00 | Main | 92.00 |
| Bedroom 3 | Upper | ||||
| Bedroom 2 | 105.00 | 105.00 | 126.00 | Upper | 126.00 |
| Laundry | 33.00 | 33.00 | 31.00 | Main | 31.00 |
| Bathroom 1 | 92.00 | 92.00 | 50.00 | Main | 50.00 |
| Bathroom 2 | 410.00 | 410.00 | Main | ||
| Bathroom 1 | 53.00 | 53.00 | 610.00 | Main | 610.00 |
| Primary Bedroom | 111.00 | 111.00 | 91.00 | Main | 91.00 |
| Kitchen | 121.00 | 121.00 | 79.00 | 79.00 | |
| Living Room | 140.00 | 140.00 | 97.00 | 97.00 | |
| Bonus Room | 113.00 | 113.00 | 49.00 | 49.00 |
Listing Office: Real Estate One Inc
Listing Agent: Haleh Najafi
Last Updated: June - 29 - 2026
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