Skip main navigation
For sale
  • $795,000

    508 W Summit St, Ann Arbor, MI 48103

    5beds
    5baths
    --sqft
    : 
    5+ Units
    Built in 1901
    -- sqft lot
    $763,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $5,835 with tenants paying utilities via bill back. A great investment opportunity.
    5 days
    on Zillow
    |
    854
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 12:16am

    Listed by:

    Jonathon Keller 734-323-1072,

    J Keller Properties, LLC 734-369-8239

    Source: MichRIC,MLS#: 25016569MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 508 W Summit St.

    Next available tour time:Tuesday at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Common Area, In Basement, Laundry Room
    Features
    • Basement: Full
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 9,583.2 Square Feet
    • Dimensions: 82 x 116
    • Features: Sidewalk
    Details
    • Parcel number: 090920301002
    • Zoning description: R2A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1901

    Utilities & green energy

    • Utilities for property: Cable Available, Cable Connected

    Community & HOA

    Location
    • Region: Ann Arbor

    Financial & listing details

    • Tax assessed value: $278,163
    • Annual tax amount: $18,744
    • Date on market: 4/23/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Sewer, Gas
    • Road surface type: Paved
    • Loading
    • Loading