509 Linden St, Ann Arbor, MI 48104
This exceptional investment opportunity presents a 927 square foot, single-unit apartment building ideally situated at 509 Linden Street in Ann Arbor, Michigan. The property, zoned R4C, sits on a 4,356 square foot lot (APN: 09-09-28-413-003) and boasts four bedrooms and 2.5 bathrooms. Its location in Ann Arbor's vibrant student rental market, near the University of Michigan, ensures consistent demand and rental income potential. The building is well-maintained, contributing to a positive tenant experience and attracting multiple student inquiries annually. This translates to consistent annual rental increases, making it an attractive investment for those seeking a stable and appreciating asset in a high-demand area. The property's single-unit configuration simplifies management, while its prime location offers easy access to local amenities and the broader Ann Arbor community. This is a rare opportunity to acquire a well-positioned multifamily property in one of the nation's top student rental markets. The asking price for this turnkey investment is $785,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.