Furnished Student Housing Investment
For Sale
Contact for pricing
1504 White St, Ann Arbor, MI 48104
Turnkey, fully furnished student rental property near University of Michigan.
Property Size1,536 SF
Price / SF$478.52
Days on Market199
Property Features for 1504 White St
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$58,800
Building Details
Year Built
1920
Units
1
Listing Agency:
Wickfield Properties
Listed By:
Eric Rudland · License #MI 6501438609
Source:
Crexi
Added: Feb 5
Changed: Aug 14
Last Checked: Aug 22 at 4:16PM
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 Wickfield Properties
Investment Insights
Based on property information with market context.
The property at 1504 White Street is a fully furnished student house near the University of Michigan, presenting a turnkey investment opportunity. The 1536 sq. ft. property features 5 bedrooms and 3 bathrooms. The property has separate utility meters and includes on-site parking with a detached garage. Currently leased until 5/17/26, the property generates an annual rent of $58,800. This income-producing property is being offered as a seamless investment opportunity.
Key Highlights
- Turnkey investment property generating $58,800 annual rent.
- Leased until 5/17/26, providing immediate income stream.
- Prime location near the University of Michigan.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Turnkey, fully furnished student rental property near University of Michigan.
Where is this multifamily property located?
The property is located at 1504 White St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Turnkey investment property generating $58,800 annual rent.; Leased until 5/17/26, providing immediate income stream.; Prime location near the University of Michigan.
