Four-Unit Multifamily
For Sale
Contact for pricing
500 Catherine St, Ann Arbor, MI 48104
Four residential units totaling eight beds, with a mix of one-, two-, and three-bedroom layouts for flexible occupancy.
Property Size2,446 SF
Price / SF$518.81
Days on Market53
Property Features for 500 Catherine St
General Information
Standard status
Active
Size
2,446 SF
Property subtype
Multifamily
Net Operating Income
$108,840
Additional Details
Multifamily Units
4
Building Details
Buildings
1
Units
4
Tenancy
Multi
Listing Agency:
Altitude Commercial Real Estate
(248) 781-8076
Listed By:
George Abro · License #MI 6502432561
Source:
Crexi
Added: Jun 29
Changed: Aug 7
Last Checked: Aug 20 at 3:39PM
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 Altitude Commercial Real Estate
Investment Insights
Based on property information with market context.
The property is a four-unit multifamily investment consisting of four residential units totaling eight beds. The unit mix includes one one-bedroom unit, two two-bedroom units, and one three-bedroom unit, providing varied layouts to match different household needs.
Located in the Kerrytown area of Ann Arbor at 500 Catherine Street, the property is described as being just minutes from the University of Michigan and downtown Ann Arbor. The surrounding area includes Kerrytown Market along with nearby restaurants, retail, and entertainment.
This configuration can work well for operators seeking a small, well-defined residential rental building with multiple bedroom types under one roof. Prospective tenants are served by layouts that range from one-bedroom through three-bedroom homes, supporting a broad mix of renter preferences within the same property.
Located in the Kerrytown area of Ann Arbor at 500 Catherine Street, the property is described as being just minutes from the University of Michigan and downtown Ann Arbor. The surrounding area includes Kerrytown Market along with nearby restaurants, retail, and entertainment.
This configuration can work well for operators seeking a small, well-defined residential rental building with multiple bedroom types under one roof. Prospective tenants are served by layouts that range from one-bedroom through three-bedroom homes, supporting a broad mix of renter preferences within the same property.
Key Highlights
- Four residential units totaling 8 beds at 500 Catherine Street in Ann Arbor (Kerrytown area)
- Unit mix includes 1 one‑bedroom unit, 2 two‑bedroom units, and 1 three‑bedroom unit
- Five total bedrooms spread across one-, two-, and three‑bedroom layouts for flexible tenant occupancy
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,417
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units totaling eight beds, with a mix of one-, two-, and three-bedroom layouts for flexible occupancy.
Where is this quadplex located?
The property is located at 500 Catherine St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $1,269,000.
What are key features of this property?
This property features: Four residential units totaling 8 beds at 500 Catherine Street in Ann Arbor (Kerrytown area); Unit mix includes 1 one‑bedroom unit, 2 two‑bedroom units, and 1 three‑bedroom unit; Five total bedrooms spread across one-, two-, and three‑bedroom layouts for flexible tenant occupancy
