Exceptional investment opportunity in the heart of Ann Arbor!Well maintained Water Hill duplex located just a couple of blocks from all Kerrytown & downtown.This versatile duplex offers both short-term and long-term income potential with permits already in place for rental and short-term rental use. Unit A is fully updated and currently operating as a successful Airbnb, featuring 2 bedrooms plus a smaller flex room perfect for a home office or guest space, 1.5 bathrooms, private basement access with washer and dryer, and its own private entry. Unit B is a separate 1-bedroom unit with an open living/dining/kitchenette area, updated full bath with tub/shower, laundry with stacked washer/dryer, enclosed rear porch/mudroom, and private entry, currently leased as a rental unit.
The property also features a welcoming front porch, fenced backyard, detached two-car garage, and separate/private entrances for both units, offering excellent privacy and functionality for tenants or guests.
Active
$698,500
118 Felch St, Ann Arbor, MI 48103
4beds
1,494sqft
Single Family Residence
Built in 1910
6,098 Square Feet Lot
$671,700 Zestimate®
$468/sqft
$-- HOA
What's special
- 44 days |
- 692 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Haleh Najafi 734-604-1179,
Real Estate One Inc 734-662-8600
Source: MichRIC,MLS#: 26025539
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 152070
- Dimensions: 1110.00 x 137.00
Primary bedroom
- Level: Main
- Area: 10101
- Dimensions: 111.00 x 91.00
Bedroom 2
- Level: Upper
- Area: 13230
- Dimensions: 105.00 x 126.00
Bedroom 3
- Level: Upper
Bathroom 1
- Level: Main
- Area: 4600
- Dimensions: 92.00 x 50.00
Bathroom 1
- Level: Main
- Area: 32330
- Dimensions: 53.00 x 610.00
Bathroom 2
- Level: Main
- Length: 410
Bonus room
- Area: 5537
- Dimensions: 113.00 x 49.00
Dining room
- Level: Main
- Area: 374421
- Dimensions: 411.00 x 911.00
Kitchen
- Level: Main
- Area: 102120
- Dimensions: 1110.00 x 92.00
Kitchen
- Area: 9559
- Dimensions: 121.00 x 79.00
Laundry
- Level: Main
- Area: 1023
- Dimensions: 33.00 x 31.00
Living room
- Level: Main
- Area: 22968
- Dimensions: 174.00 x 132.00
Living room
- Area: 13580
- Dimensions: 140.00 x 97.00
Office
- Level: Upper
- Area: 8925
- Dimensions: 85.00 x 105.00
Heating
- Forced Air
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Basement, Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet, Ceramic Tile, Tile
- Windows: Insulated Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,494
- Total interior livable area: 1,494 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Detached
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Mn Flr Full Bath
Features
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Dimensions: 63' x 99''
- Features: Sidewalk
Details
- Parcel number: 090920409015
- Zoning description: RC1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,Other
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Community & HOA
Community
- Subdivision: Assrs 22 - Ann Arbor
HOA
- Amenities included: Laundry
- Services included: None
Location
- Region: Ann Arbor
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $200,529
- Annual tax amount: $10,773
- Date on market: 5/29/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$671,700
$638,000 - $705,000
$3,849/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $698,500+24.7%$468/sqft |
Source:  MichRIC #26025539 Report a problem | ||
| 7/21/2023 | Sold | $560,000+2.8%$375/sqft |
Source: MichRIC #23129624 Report a problem | ||
| 7/9/2023 | Contingent | $545,000$365/sqft |
Source:  AAABOR #3295030 Report a problem | ||
| 6/30/2023 | Listed for sale | $545,000+71.6%$365/sqft |
Source: AAABOR #3295031 Report a problem | ||
| 6/17/2016 | Sold | $317,575+2.4%$213/sqft |
Source: Public Record Report a problem | ||
| 5/2/2016 | Pending sale | $310,000$207/sqft |
Source: Trillium Real Estate #3239663 Report a problem | ||
| 4/27/2016 | Listed for sale | $310,000+34.5%$207/sqft |
Source: Trillium Real Estate #3239663 Report a problem | ||
| 6/28/2015 | Listing removed | $850$1/sqft |
Source: Owner Report a problem | ||
| 6/18/2015 | Listed for rent | $850$1/sqft |
Source: Owner Report a problem | ||
| 2/25/2013 | Sold | $230,565-7.8%$154/sqft |
Source: Public Record Report a problem | ||
| 6/27/2012 | Listed for sale | $250,000+1.4%$167/sqft |
Source: Reinhart Realtors #3204743 Report a problem | ||
| 8/11/2005 | Sold | $246,500$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,513 | $225,200 +15.8% |
| 2024 | -- | $194,500 +14.7% |
| 2023 | -- | $169,500 -4.6% |
| 2022 | -- | $177,600 +0.6% |
| 2021 | -- | $176,600 +4.1% |
| 2020 | $11,068 | $169,700 +2.2% |
| 2019 | -- | $166,000 -3.6% |
| 2018 | -- | $172,200 +5.1% |
| 2017 | $8,747 | $163,800 +18.9% |
| 2016 | $8,747 +7% | $137,775 +0.3% |
| 2015 | $8,175 | $137,363 +3.5% |
| 2014 | $8,175 | $132,700 |
| 2013 | $8,175 | $132,700 -1.8% |
| 2012 | -- | $135,152 +2.7% |
| 2011 | -- | $131,599 +1.7% |
| 2010 | -- | $129,400 -8.7% |
| 2009 | -- | $141,700 -1.7% |
| 2008 | -- | $144,100 +1.7% |
| 2007 | -- | $141,654 +3.7% |
| 2005 | -- | $136,600 +3.7% |
| 2004 | -- | $131,700 +11.4% |
| 2003 | -- | $118,200 +22.2% |
| 2002 | $2,883 +51.3% | $96,700 +75.5% |
| 2001 | $1,905 +6.8% | $55,100 +6% |
| 2000 | $1,784 | $52,000 +28.1% |
| 1999 | -- | $40,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 8/10Bach Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Slauson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Skyline High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Bach Elementary School
- Middle: Forsythe Middle School
- High: Skyline High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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