547 Elizabeth St, Ann Arbor, MI 48104

Building Details

Year Built

1901

Listing office Altitude Commercial Real Estate g***@altitudecre.com Show Phone

Listing date Jun 24, 2026

Source Altitudecre

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Overview

This for-sale triplex includes a 1,563 square foot building with three separate units. The property was built in 1901 and is offered as a residential income asset suitable for investors seeking a multi-unit rental structure.

Located at 547 Elizabeth St in Ann Arbor, Michigan, the building is positioned within the city’s R4C zoning district. The current offering is focused on the existing three-unit configuration and the established multifamily/residential income use.

From a tenant and operator standpoint, a three-unit layout can provide multiple rental streams in a single ownership structure. Buyers looking for a straightforward residential income property can evaluate the building’s vintage construction and unit count as key factors, along with the constraints and opportunities associated with the R4C zoning designation. This is presented as an opportunity to add a small multifamily asset in Ann Arbor to a rental portfolio, with the understanding that the property is being sold based on its existing improvements and zoning.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Ann Arbor

County

Washtenaw

State

Michigan

Longitude

-83.7420281

Latitude

42.2862709

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FAQs

What type of property is this?

Triplex - Built in 1901, this three-unit triplex offers a residential income setup within Ann Arbor’s R4C zoning district.

Where is this triplex located?

The property is located at 547 Elizabeth St Ann Arbor, MI.

What is the asking price?

The asking price for this property is $715,000.

What are key features of this property?

This property features: Built in 1901, 1,563 SF three‑unit triplex in Ann Arbor, MI; 3‑unit residential income setup for multifamily or single‑family rental portfolio use; Zoned R4C