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University of Michigan Student Rental

912 Mary St, Ann Arbor, MI 48104

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For Sale

$5,295,000

Fully leased, renovated student rental near University of Michigan campus.

Type:Investment

Lot size:

0.21 Acres

HighLights

Fully Leased for 2026‑27, providing immediate rental income.
23 Bedrooms & 24 1/2 Bathrooms, each bedroom with its own ensuite bathroom.
Located steps from Central Campus of the University of Michigan.
Planned future upzoning allows for a Mixed Use Building up to 70 ft height.
High‑end finishes including Stainless Steel Appliances and Granite Countertops.
Includes all furnishings and In‑Unit Washer and Dryer.

We can help!

Listing Contact

Christopher Vessels

Learn more

For Sale

$5,295,000

Fully leased, renovated student rental near University of Michigan campus.

Type:Investment

Lot size:

0.21 Acres

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 5:43 pm

Property Features for 912 Mary St

General Information

Standard status: Active
Lot size: 0.21 Acres
Property subtype: Investment

Building Details

Year Built: 1901

We can help!

Listing Contact

Christopher Vessels

Listing agent Christopher Vessels License #6501392137

Listing office Metro Property Services

Listing date Apr 24, 2026

Source Elliman

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 Metro Property Services

HighLights

Fully Leased for 2026‑27, providing immediate rental income.
23 Bedrooms & 24 1/2 Bathrooms, each bedroom with its own ensuite bathroom.
Located steps from Central Campus of the University of Michigan.
Planned future upzoning allows for a Mixed Use Building up to 70 ft height.
High‑end finishes including Stainless Steel Appliances and Granite Countertops.
Includes all furnishings and In‑Unit Washer and Dryer.

Overview

This fully leased, four-unit property is a student rental located steps from the University of Michigan's Central Campus. Renovated in 2024, the property features 23 bedrooms and 24 and a half bathrooms, with each bedroom having its own ensuite bathroom. High-end finishes include stainless steel appliances and granite countertops. The property includes furnishings and in-unit washer and dryer. 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 offers rear parking for over 12 cars. The property has high-efficiency forced air furnace and A/C. Planned future upzoning would allow for a mixed-use building up to 70 feet in height, totaling over 60,000 square feet. The property is adjacent to the IM Building and a new 2300-bed dorm. The location is very bikeable (bike score: 86), very walkable (walk score: 71), and has excellent transit (transit score: 72). The property is fully leased for the 2026-2027 year.

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Local Demand

City: Ann Arbor
County: Washtenaw
State: Michigan
Longitude: -83.7421953
Latitude: 42.2705763

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For sale
Apartment buildings
MI
Ann Arbor
48104
912 Mary St

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 $5,295,000.

What are key features of this property?

This property features: Fully Leased for 2026‑27, providing immediate rental income.; **23 Bedrooms & 24 1/2 Bathrooms**, each bedroom with its own ensuite bathroom.; Located steps from Central Campus of the University of Michigan.