Two-Unit Short-Term
For Sale
$2,999,999
809 Henry St, Ann Arbor, MI 48104
Updated in 2023, the property includes additional land that may be used for event parking under city zoning rules.
Property Size2,825 SF
Price / SF$1,061
Days on Market9
Property Features for 809 Henry St
General Information
Standard status
Active
Size
2,825 SF
Property subtype
Commercial
Net Operating Income
$217,490
Additional Details
Gross Income
$305,150
Multifamily Units
2
Building Details
Year Built
1910
Year Renovated
2023
Listing Agency:
The Charles Reinhart Company
Listed By:
Bruce Maxson · License #6506044620
(517) 202-3442
Source:
Metrodetroithomeguide
Added: Sep 19
Changed: Sep 26
Last Checked: Sep 26 at 3:26PM
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 The Charles Reinhart Company
Investment Insights
Based on property information with market context.
This two-unit property contains 5 bedrooms and 3 full bathrooms and underwent renovation in 2023. It has been operated as a short-term rental. The sale includes 809 Henry L.L.C., which owns the property and has applied for a new short-term rental permit; the permit is described as transferable to the purchaser of the LLC.
The property is within walking distance of Michigan Stadium, Crisler Center, Yost Ice Arena, the University of Michigan Golf Course, and The Big House. Additional land may support event parking, a use permitted under Ann Arbor zoning ordinances.
The property is within walking distance of Michigan Stadium, Crisler Center, Yost Ice Arena, the University of Michigan Golf Course, and The Big House. Additional land may support event parking, a use permitted under Ann Arbor zoning ordinances.
Key Highlights
- Two units with 5 bedrooms and 3 full bathrooms
- Renovated in 2023
- Previously operated as a short‑term rental
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Updated in 2023, the property includes additional land that may be used for event parking under city zoning rules.
Where is this short term rental property located?
The property is located at 809 Henry St Ann Arbor, MI.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Two units with 5 bedrooms and 3 full bathrooms; Renovated in 2023; Previously operated as a short‑term rental
