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    912 Mary St Ann Arbor, MI 48104

    New
    For Sale
    $5,795,000

    MULTI_FAMILY - Ann Arbor, MI

    Lot size:
    0.21 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 912 Mary St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Bedroom 17, Bedroom 13, Bedroom 3, Bedroom 22, Bathroom 12, Bathroom 13, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 25, Bedroom 9, Bathroom 14, Bathroom 3, Bathroom 5, Bedroom 23, Bedroom 11, Bedroom 20, Basement, Bedroom 18, Bedroom 21, Bathroom 1, Bathroom 16, Bathroom 22, Bathroom 17, Bedroom 1, Bathroom 20, Bathroom 18, Bathroom 24, Bedroom 15, Bedroom 8, Bathroom 9, Bathroom 7, Bathroom 21, Bathroom 8, Bathroom 10, Bedroom 7, Bathroom 26, Bathroom 23, Bathroom 15, Bedroom 10, Bedroom 19, Bedroom 5, Bedroom 16, Bedroom 6, Bathroom 19, Bathroom 11, Bedroom 4, Bathroom 6, Bedroom 12, Bedroom 14
    Bedrooms
    23
    APN
    09-09-32-103-029
    Parking
    12
    Parking features
    Driveway
    Basement
    Full
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1901
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Metro Property Services (734) 668-6686

    Listing agent Christopher Vessels (734) 649-2409

    Listing date Dec 4, 2025

    MLS# 25060642 Listing URL

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ann Arbor Multifamily Investment Property

    This is a fully leased, newly renovated four-unit multifamily property located steps from the University of Michigan's Central Campus. Renovated in 2024, the property features a total of 23 bedrooms and 24 and a half bathrooms, with each bedroom having its own ensuite bathroom. High-end finishes are present throughout, including stainless steel appliances and granite countertops. Each unit includes its own washer and dryer. The property has a low-maintenance exterior and high-efficiency forced air furnace and A/C. All furnishings are included in the sale. Exterior features include a front deck with Trex decking and a 700-square-foot second-story rear deck. Situated on a 0.205-acre lot, the property includes rear parking for 12 or more cars. Planned future upzoning of the property would allow for a mixed-use building up to 70 feet in height, with over 60,000 square feet. The property is adjacent to the IM Building and a new 2300-bed dorm. It is currently used as a University of Michigan student rental property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.742201
    Latitude
    42.270563

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    FAQs

    What type of property is this?
    Apartment building - Fully leased, renovated student rental near University of Michigan campus.
    Where is this apartment building located?
    The property is located at 912 Mary St Ann Arbor, MI.
    What is the asking price?
    The asking price for this property is $5,795,000.
    What are key features of this property?
    This property features: - Fully Leased for 2026-27: Provides immediate and guaranteed income.; - Steps from Central Campus: Prime location for University of Michigan student rentals.; - 23 Bedrooms & 24 1/2 Bathrooms (Ensuite): High capacity and desirable amenity for student housing.
    (734) 649-2409
    Request Owner's contact information
    912 Mary St Ann Arbor, MI 48104
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    Ann Arbor, MI 48104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    912 Mary St Ann Arbor, MI 48104
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