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Five-Bedroom Multifamily Home
For Sale
$805,000

1136 Michigan Ave, Ann Arbor, MI 48104

Colonial residence with a finished basement, attic, and large private yard near the University of Michigan campus.

Property SizeContact for details
Days on Market33

Property Features for 1136 Michigan Ave

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 1

Amenities

finished basement
attic
large private yard

Building Details

Year Built 1910
Construction colonial
Listing Agency: Signature Sotheby's International Realty Bham
Listed By: Brandon Curry · License #6501388008
Source: Katie-k
Added: Jul 31 Changed: Aug 31 Last Checked: Aug 31 at 7:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Sotheby's International Realty Bham

Investment Insights

Based on property information with market context.

This 1910 colonial multifamily property in Ann Arbor offers 5 bedrooms and 2 full bathrooms, with additional finished space in the basement and attic. The home also includes a large private yard that can support outdoor gatherings, personal use, or potential parking conversion. Its residential layout and campus-adjacent setting provide a documented fit for student or graduate housing.

The property is located on Michigan Ave in the Burns Park area, near the University of Michigan campus and downtown Ann Arbor. Tenants currently pay gas, water, electric, and other utilities, while the owner pays for internet. Showings require 48 hours’ notice.

Key Highlights

  • 5 bedrooms and 2 full bathrooms
  • Finished basement and attic provide additional usable space
  • Large private yard with potential for parking conversion

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Accounting Firm Auto Parts Store Big Box & Wholesale Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Colonial residence with a finished basement, attic, and large private yard near the University of Michigan campus.
Where is this multifamily property located?
The property is located at 1136 Michigan Ave Ann Arbor, MI.
What is the asking price?
The asking price for this property is $805,000.
What are key features of this property?
This property features: 5 bedrooms and 2 full bathrooms; Finished basement and attic provide additional usable space; Large private yard with potential for parking conversion
More about this property
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