$1,100,000
Ann Arbor, MI 48104
MLS# 26035678
1 / 2
Property Description
Excellent opportunity to acquire a well-located multifamily investment property in the heart of Ann Arbor. Located at 600 Catherine Street, the property consists of three residential units, nominally configured as two one-bedroom units and one two-bedroom, with two of the units offering oversized layouts that provide added flexibility and strong tenant appeal. Positioned near the Kerrytown district and within close proximity to the University of Michigan, the property benefits from consistent rental demand driven by students, professionals, and downtown residents alike. The property offers investors an opportunity to capitalize on a highly sought-after Ann Arbor location with long-term rental upside and strong occupancy potential.
Details
Maps
Location & Property Info
Cross Streets: Division and Catherine
Property Sub-Type: 2 to 4 Units
Municipality: Ann Arbor
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 533.46
General Property Info
New Construction: No
Lot Dimensions: 40x104
Financial Available: Yes
Financial Comments: Annual Gross Income is $82,700.
Road Frontage: 40
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2062
Total Parking Spaces: 45
School District: Ann Arbor
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 4356
Lot Acres: 0.1
Year Built: 1910
Tax Info
Taxable Value: 330591
SEV: 337400
For Tax Year: 2025
Seller's Annual Property Tax: 22312
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 09-09-29-105-018
Remarks & Misc
Public Remarks: Excellent opportunity to acquire a well-located multifamily investment property in the heart of Ann Arbor. Located at 600 Catherine Street, the property consists of three residential units, nominally configured as two one-bedroom units and one two-bedroom, with two of the units offering oversized layouts that provide added flexibility and strong tenant appeal. Positioned near the Kerrytown district and within close proximity to the University of Michigan, the property benefits from consistent rental demand driven by students, professionals, and downtown residents alike. The property offers investors an opportunity to capitalize on a highly sought-after Ann Arbor location with long-term rental upside and strong occupancy potential.
Legal: LOT 8 MAYNARD & GRUNERS SUBDIVISION
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
No: 1
Laundry Features
In Basement: 1
Laundry Room: 1
Exterior Material
Brick: 1
Stucco: 1
Roofing
Composition: 1
Heat Source
Other: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Radiant: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Water: 1
Driveway
Concrete: 1
Paved: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 1 bed/ 1 bath
Occupied: Yes
Monthly Rent: 2100
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 2
Unit #: 2
Unit Description: 2 Bed/ 1 Bath
Occupied: Yes
Monthly Rent: 2200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Washer/Dryer: 1
Unit 3
Unit #: 3
Unit Description: 1 Bed/1 Bath
Occupied: Yes
Monthly Rent: 1995
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Dishwasher: 1
Refrigerator: 1
Washer/Dryer: 1
Location Property Info
County: Washtenaw
Street #: 600
Street Name: Catherine
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 5560
OfficeContract Info
Status: Active
Current Price: $1,100,000
List Price: $1,100,000
Listing Date: 2026-07-13
Property Features
Laundry Features: In Basement; Laundry Room
Exterior Material: Brick; Stucco
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Extras: Sep Electric Meter
Owner Pays: None
Tenant Pays: Electric; Gas; Water
Heat Source: Other
Heat Type: Hot Water; Radiant
Air Conditioning: Window Unit(s)
Driveway: Concrete; Paved
Street Type: Paved; Public
Mineral Rights: No
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: A/C Unit; Dishwasher; Range Oven; Refrigerator; Washer/Dryer
Unit 2: A/C Unit; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Dishwasher; Refrigerator; Washer/Dryer
Listing Office: Altitude Commercial Real Estat
Listing Agent: George Abro
Last Updated: July - 16 - 2026
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