Property profile

912 Mary St Ann Arbor, MI 48104

OFF-MARKET
Quadplexes
Property ID
US43-1730165
0.18 ac lot Built 1901
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A four-unit residential student rental property located steps from the University of Michigan’s Central Campus and adjacent to the IM Building and a new 2,300-bed dorm. The building was renovated in 2024 and is configured with 23 bedrooms and 24.5 bathrooms, with each bedroom served by its own ensuite bathroom. Interiors include stainless steel appliances and granite countertops, and each unit has an in-unit washer and dryer. The property features low-maintenance exterior characteristics and is equipped with high-efficiency forced-air heating and air conditioning. Exterior amenities include a front deck with Trex decking and a 700-square-foot second-story rear deck. The site is a 0.18-acre lot with rear parking accommodating 12+ cars. The building is positioned within an area where future upzoning has been planned to allow a mixed-use building up to approximately 70 feet and 60,000+ square feet.

Property profile

Verified
Property type Quadplexes
Use group COMMERCIAL (GENERAL)
Year built 1901
Lot 0.18 ac (7,928 SF)
Zoning code R4C
APN 09-09-32-103-029
UPID US43-1730165

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

912 Mary St Ann Arbor, MI 48104-3360
Ann Arbor metro Census 400500 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2024
Last sale
$1.5M
7 recorded transactions
2024
Price N/A
2021
$1.5M
2002
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R4C · Ann Arbor, MI
Zoning description

R4B, R4C, R4D, and R4E Multiple-Family Dwelling Districts A. General Purpose Statement In addition to the types of dwelling units permitted in the R1, R2, R3, and R4A districts, these Multiple-Family Zoning Districts are…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 912 Mary St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message