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    Triplex with R4C Zoning
    Updated: Jun 24
    Triplex with R4C Zoning

    547 Elizabeth St, Ann Arbor, MI 48104

    $715,000
    1,563 sqft
    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
    Residential income property in Ann Arbor area
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    This listing looks promising.

    Here's a quick look at some key insights for

    547 Elizabeth St, Ann Arbor, MI 48104

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    • Est. Cap Rate

      2.8%
      NOI ÷ price

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $289K
      Suggested

    • Property Type

      Single Family Residence
      Built 1901
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    Triplex with Three Residential Units
    Updated: Jul 13
    Triplex with Three Residential Units

    600 Catherine Street, Ann Arbor, MI 48104

    $1,049,000
    0.10 AC lot
    Three residential units: two one‑bedroom units and one two‑bedroom unit
    0.1‑acre lot size at 600 Catherine Street
    Built in 1910 with brick and stucco construction
    Radiant hot water heating plus window unit cooling
    Composition roof with basement and laundry room
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ann Arbor, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Occupied Triplex with GC Zoning
    Fully Occupied Triplex with GC Zoning

    7038 Whitmore Lake Road, Whitmore Lake, MI 48189

    $389,900
    1.08 AC lot

    Fully occupied triplex on General Commercial–zoned land, producing monthly rental income with long-term tenants in place.

    View details
    Fully Occupied Triplex with GC Zoning
    Fully Occupied Triplex with GC Zoning

    7038, Whitmore Lake, MI 48189

    $389,900
    1.08 AC lot

    Triplex investment property with General Commercial zoning, generating steady rental income and offering commercial redevelopment flexibility.

    View details
    Ypsilanti Multifamily Investment Opportunity
    Ypsilanti Multifamily Investment Opportunity

    95 Oakwood Street, Ypsilanti, MI 48197

    $300,000
    0.16 AC lot

    Three-unit property near Eastern Michigan University, ideal for investors.

    View details
    Ypsilanti Triplex Near EMU
    Ypsilanti Triplex Near EMU

    95 Oakwood St, Ypsilanti, MI 48197

    $300,000

    Three-unit property near Eastern Michigan University with upgrades.

    View details

    Ann Arbor, MI Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Ann Arbor, MI on our real estate platform. These investment opportunities span a total of 1,563 square feet of properties for sale, with an estimated market value of $1,764,000.

    Sale prices for three-family homes in Ann Arbor, MI start at $715,000, averaging $882,000, and reaching up to $1,049,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 14
    Duplexes 14
    Quadplexes 6
    Short term rental properties 4
    Triplexes 3

    Demographics Overview

    Population 169K
    Population Growth (5Y) +2.0%
    Median Household Income $90,855
    College Educated 70.9%

    High-Yield Neighborhoods for Investment

    Identify Ann Arbor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48104 $882K

    Taxes & Financing

    Tax Rate (average for all types) 4.58%
    Property Tax per SF $58.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washtenaw County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washtenaw County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Ann Arbor fall within the 100,000+ square foot range.

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