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4-Unit Student Quadplex
For Sale
$5,249,500

912 Mary Street, Ann Arbor, MI 48104

Multi Family, Ann Arbor, MI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market135

Property Features for 912 Mary Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning description R4C
Bedrooms 23
Full bathrooms 23
Half bathrooms 3
Rooms Bathroom 24, Bathroom 25, Bedroom 5, Bedroom 2, Bedroom 22, Bedroom 15, Basement, Bathroom 23, Bedroom 17, Bedroom 3, Bathroom 15, Bathroom 18, Bathroom 6, Bathroom 14, Bathroom 2, Bedroom 4, Bathroom 17, Bedroom 12, Bedroom 10, Bathroom 20, Bathroom 22, Bedroom 13, Bathroom 26, Bedroom 21, Bedroom 23, Bathroom 12, Bedroom 16, Bathroom 7, Bathroom 4, Bedroom 7, Bathroom 19, Bathroom 13, Bedroom 14, Bedroom 19, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 10, Bathroom 16, Bedroom 9, Bathroom 21, Bedroom 1, Bathroom 9, Bathroom 3, Bathroom 8, Bedroom 18, Bedroom 20, Bathroom 11, Bedroom 8, Bedroom 11
Parking 12
Parking features Driveway
Basement Full
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN 09-09-32-103-029
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 2 BLK 4 EXC W 8 FT OF S 47 FT JOHN F LAWRENCES ADDN
Tax Annual Amount 62000
Legal Description LOT 2 BLK 4 EXC W 8 FT OF S 47 FT JOHN F LAWRENCES ADDN

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

stainless steel appliances
granite countertops
in-unit washer and dryer
front deck
rear deck

Building Details

Year built 1901
Number of units 4
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Metro Property Services
Listed By: Christopher Vessels · License #6501392137
Added: May 14 Changed: Sep 25 Last Checked: Sep 25 at 6:06PM
MLS# 26022380

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit student rental has 23 bedrooms and 24.5 bathrooms, with an ensuite bathroom for each bedroom. Renovated in 2024, the property is offered with furnishings and features stainless steel appliances, granite countertops, in-unit washers and dryers, forced-air heating, and central air conditioning. Outdoor areas include a front deck and a 700-square-foot second-story deck. Rear parking accommodates 12 or more cars.

The property is steps from the University of Michigan’s Central Campus and near Wolverine Village. It is adjacent to the IM Building. The listing describes planned future rezoning that could permit a mixed-use building up to 70 feet tall and more than 60,000 square feet; this is a potential future use, not an existing improvement.

Key Highlights

  • Four units with 23 bedrooms and 24.5 bathrooms
  • Each bedroom has its own ensuite bathroom
  • Renovated in 2024; furnishings are included

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Nail Salon Kitchen & Bath Showroom Plumbing Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,779
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - A furnished, recently renovated property near the University of Michigan’s Central Campus includes in-unit laundry.
Where is this quadplex located?
The property is located at 912 Mary Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $5,249,500.
What are key features of this property?
This property features: Four units with 23 bedrooms and 24.5 bathrooms; Each bedroom has its own ensuite bathroom; Renovated in 2024; furnishings are included
More about this property
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