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Off market
  • $1,249,600

    1117 Prospect St, Ann Arbor, MI 48104

    --beds
    0baths
    2,515sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $1,249,600 Zestimate®
    $497/sqft
    $2,538 Estimated rent

    Home value

    $1,249,600

    $1.12M - $1.36M

    $2,538/mo

    Zestimate® history
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    $6,834/mo

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    $6,834/mo

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    What's special

    Two Prime UofM Student Rental Properties in One! Also known as 1032 Church St. $118,800 Gross Annual Revenue!2-Unit University of Michigan Student Rental Property located steps from Central Campus directly in the midst of the most popular neighborhood for UofM Undergraduates. Unit 1 has a porch facing Prospect St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Unit 2 has a porch facing Church St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Entire property Leased through Fall 2022, with each unit leased at $4950/mo and residents paying all utilities($118,800 Gross Annual Revenue). Typically rents itself 10 months ahead of time with 3-5% rent increases each year. Onsite Parking for 7-8 Cars. High Efficiency Furnaces, High Efficiency Central A/C, Updated Windows, Granite Countertops, Cherrywood Cabinets and Hardwood flooring throughout. Washer and Dryer Included, along with Standard Furnishings. Plumbing and Electrical completely updat

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Appliances
    • Laundry: Yes, In Unit
    Features
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,515 sqft

    Property

    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 090933222011

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Ann Arbor

    Other

    Other facts
    • Construction: Wood Siding, Block
    • Laundry: Yes, In Unit
    • Road Type: Public
    • Property Subtype 1: 1 - 4 Units
    • # Of Kitchens: 2
    • Outside Features: Deck
    • Tenant Pays: Cable TV, Electricity, Water, Heat
    • Square Footage Source: Tax Record
    • Lot Size Source: (Tax Record)
    • City or Township: City
    • # Total Bedrooms: 12
    • Basement: Yes
    • Basement Type: Full
    • URL: https://annarbor.rapmls.com/scripts/mgrqispi.dll?A

    Price history

    DateEventPrice
    4/2/2023Listing removed--
    Source: MiRealSource #40065919 Report a problem
    4/1/2021Sold$1,315,000-10.8%$523/sqft
    Source: MichRIC #18178 Report a problem
    3/5/2021Pending sale$1,475,000$586/sqft
    Source: MiRealSource #40065919 Report a problem
    1/27/2021Contingent$1,475,000$586/sqft
    Source: MiRealSource #40065919 Report a problem
    1/27/2021Pending sale$1,475,000$586/sqft
    Source: Metro Property Services #3273976 Report a problem
    9/2/2020Price change$1,475,000-1.7%$586/sqft
    Source: Metro Property Services #3273976 Report a problem
    6/12/2020Listed for sale$1,499,900+328.7%$596/sqft
    Source: Metro Property Services #3273976 Report a problem
    10/5/2010Sold$349,900$139/sqft
    Source: Public Record Report a problem
    7/6/2010Listing removed$349,900$139/sqft
    Source: George Fahmie & Company #3006124 Report a problem
    7/4/2010Listed for sale$349,900$139/sqft
    Source: George Fahmie & Company #3006124 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,120 $321,300 +5.7%
    2024-- $303,900 +15.9%
    2023-- $262,100 -13.9%
    2022-- $304,400 -0.7%
    2021-- $306,400 +3.7%
    2020$13,647 $295,400 -1.8%
    2019-- $300,900 +8.7%
    2018-- $276,800 +10.5%
    2017$12,016 $250,600 +29.2%
    2016$12,016 +4.4%$194,027 +0.3%
    2015$11,512 $193,447 +3.2%
    2014$11,512 $187,403
    2013$11,512 $187,403 +2.4%
    2012-- $183,011 +8.9%
    2011-- $168,100 +65.8%
    2010-- $101,404 +1.5%
    2009-- $99,904 +4.4%
    2008-- $95,694 +2.3%
    2007-- $93,543 -50.6%
    2005-- $189,500 +5%
    2004-- $180,400 +14%
    2003-- $158,200 +28.3%
    2002$4,601 +51.3%$123,300 +13.3%
    2001$3,040 +2.3%$108,800 +11.7%
    2000$2,971 $97,400 +23.9%
    1999-- $78,600

    Find assessor info on the county website

    Neighborhood: Burns Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ann Arbor

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,249,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,249,600