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Sold for $1,950,000
  • $1,950,000

    1131 Church St, Ann Arbor, MI 48104

    8beds
    4,729sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $1,727,200 Zestimate®
    $412/sqft
    $3,622 Estimated rent

    Home value

    $1,727,200

    $1.54M - $1.93M

    $3,622/mo

    Zestimate® history
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    $3,622/mo

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    $10,665/mo

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    What's special

    Welcome to a unique investment opportunity in the heart of Downtown Ann Arbor – where history meets modern living. Presenting a converted church turned into 7 rental units, this property stands as a testament to innovative real estate. Location is key, as this property is nestled within walking distance from the prestigious University of Michigan campus & the iconic Michigan Stadium; your investment is seamlessly integrated into the vibrant U of M neighborhoods. This prime location ensures a steady stream of tenants, particularly students looking for convenience & a touch of historic charm. The 13-bedroom spaces divided into 7 units offer a diverse range of living spaces, catering to the various needs of your potential tenants. Units 101 & 102 boast 4 bedrooms each, a full kitchen, living room, in-unit laundry, and bathrooms, providing ample space for residents to study, relax, and call home. Unit 103 presents a unique loft-style living experience, offering a distinctive charm and layout that sets it apart from the traditional units. It includes a full kitchen, full bathroom, loft area, and in-unit laundry. The lower level of the property houses 4 studio/efficiency units, each with its own character and size. Unit 3, a larger studio, stands out with a private kitchen and bathroom, catering to individuals who prioritize independence and comfort. Units 1, 2, and 4 vary in size and contain a small kitchenette. The lower level also features a community bathroom serving units 1, 2, and 4, enhancing the property's convenience and communal atmosphere. Whether your tenants are looking for spacious multi-bedroom units, a unique loft experience, or efficient studio living, this converted church property offers a living solution for everyone. Capitalize on the consistently high demand for student housing in Downtown Ann Arbor and make this historic yet modern investment property a cornerstone of your real estate portfolio. Act now and secure your place in the thriving Ann Arbor real estate market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan A Gutfreund 248-978-5774,

    Signature Sotheby's International Realty Bham

    Bought with:

    Lisa Lynne Black, 6501277789

    Savarino Properties Inc

    Source: Realcomp II,MLS#: 20230097271MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Hot Water, Natural Gas, Zoned
    Appliances
    • Laundry: In Unit, Other
    Features
    • High Speed Internet, Programmable Thermostat
    • Basement: Common,Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,729 sqft
    • Finished area above ground: 3,489
    • Finished area below ground: 1,240

    Property

    Parking
    • Total spaces: 5
    • Parking features: Shared Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch
    • Pool features: None
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 50.00 x 137.00
    Details
    • Parcel number: 090933235021
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Common Entry Building,Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block, Stone
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: MILLERS ADD - ANN ARBOR
    Location
    • Region: Ann Arbor

    Financial & listing details

    • Price per square foot: $412/sqft
    • Tax assessed value: $242,117
    • Annual tax amount: $16,126
    • Date on market: 11/17/2023
    • Cumulative days on market: 1 day
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/20/2024Sold$1,950,000+14.7%$412/sqft
    Source: Public Record Report a problem
    12/1/2023Sold$1,700,000+0.1%$359/sqft
    Source: Realcomp II #20230097271 Report a problem
    11/18/2023Pending sale$1,699,000$359/sqft
    Source: Realcomp II #20230097271 Report a problem
    11/17/2023Listed for sale$1,699,000$359/sqft
    Source: Realcomp II #20230097271 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,904 $480,400 +4.6%
    2024-- $459,200 +18.3%
    2023-- $388,300 -14.9%
    2022-- $456,200 +0.7%
    2021-- $453,200 +4%
    2020$14,405 $435,900 -4.7%
    2019-- $457,300 +11.5%
    2018-- $410,200 +8.2%
    2017$12,671 $379,100 +85.1%
    2016$12,671 +4.3%$204,792 +0.3%
    2015$12,151 $204,180 +3.2%
    2014$12,151 $197,801
    2013$12,151 $197,801 +2.4%
    2012-- $193,166 +2.7%
    2011-- $188,088 +1.7%
    2010-- $184,944 -0.3%
    2009-- $185,501 +4.4%
    2008-- $177,683 +2.3%
    2007-- $173,689 -49.6%
    2005-- $344,500 -2.3%
    2004-- $352,600 +15.1%
    2003-- $306,300 +33.7%
    2002$8,543 +51.3%$229,100 +13.3%
    2001$5,645 +2.3%$202,200 +11.7%
    2000$5,516 $181,000 +24.1%
    1999-- $145,900
    Find assessor info on the county website

    Neighborhood: Burns Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,727,200
    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
    $1,727,200