Incredible opportunity to own a home within Ann Arbor’s C1 zoning district—one of the few areas that allows for non-owner occupied short-term (Airbnb, VRBO, etc.) rentals—at 118 W Summit St, Ann Arbor, MI 48103. Perfect for investors seeking a high-demand rental property or for use as your personal residence, this property is a blank slate with demolition and renovations already underway. Currently configured as a 2-bedroom, 1-bath home, it offers potential to add another bath and reimagine the living space to fit your needs. Located in the desirable Water Hill neighborhood near Kerrytown, the home boasts unbeatable walkability to Michigan Medicine, U-M Central Campus, Downtown, Kerrytown, the Farmers Market, scenic parks like Bandemer and Bird Hills, plus direct access to the new Barton-Bandemer pedestrian tunnel and expanded protected bike lanes, connecting you seamlessly to the entire city. Bring your vision and transform this property just minutes from Ann Arbor’s best destinations.
For sale
$352,500
118 W Summit St, Ann Arbor, MI 48103
2beds
1,056sqft
Single Family Residence
Built in 1901
3,920 Square Feet Lot
$334,300 Zestimate®
$334/sqft
$-- HOA
What's special
- 390 days
- 738
- 25
Zillow last checked:
Listing updated:
Listed by:
Desert Klein-Kassab 734-678-9769,
Real Estate One/Max Broock Realtors 734-662-8600,
Douglas Kassab 734-604-7888,
Real Estate One/Max Broock Realtors
Source: MiRealSource,MLS#: 50185013
Originating MLS: MiRealSource
Originating MLS: MiRealSourceFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Features: Other
- Level: Upper
- Area: 300
- Dimensions: 15 x 20
Bedroom 2
- Features: Other
- Level: Main
- Area: 80
- Dimensions: 10 x 8
Bathroom 1
- Features: Other
- Level: Upper
- Area: 35
- Dimensions: 5 x 7
Family room
- Features: Other
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Kitchen
- Features: Other
- Level: Main
- Area: 96
- Dimensions: 12 x 8
Living room
- Features: Other
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Heating
- Forced Air, Natural Gas
Features
- Flooring: Other
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,376
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Frontage type: Road
- Frontage length: 45
Lot
- Size: 3,920 Square Feet
- Dimensions: 45 x 90 x 45 x 90
Details
- Parcel number: 090920410003
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: No
HOA
- Has HOA: No
Location
- Region: Ann Arbor
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $321,800
- Annual tax amount: $7,696
- Date on market: 8/13/2025
- Cumulative days on market: 390 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
$334,300
$318,000 - $351,000
$2,149/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Price change | $352,500-3.4%$334/sqft |
Source:  MiRealSource #50185013 Report a problem | ||
| 12/12/2025 | Price change | $365,000-2.7%$346/sqft |
Source: MiRealSource #50185013 Report a problem | ||
| 9/4/2025 | Price change | $375,000-6.3%$355/sqft |
Source: MiRealSource #50185013 Report a problem | ||
| 8/15/2025 | Listed for sale | $400,000+0.9%$379/sqft |
Source: MiRealSource #50185013 Report a problem | ||
| 8/21/2024 | Sold | $396,500-0.6%$375/sqft |
Source:  Realcomp II #20240051416 Report a problem | ||
| 8/14/2024 | Pending sale | $399,000$378/sqft |
Source: Realcomp II #20240051416 Report a problem | ||
| 7/18/2024 | Listed for sale | $399,000$378/sqft |
Source: Realcomp II #20240051416 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,454 | $160,900 +16.7% |
| 2024 | -- | $137,900 +13.2% |
| 2023 | -- | $121,800 -4.1% |
| 2022 | -- | $127,000 -0.5% |
| 2021 | -- | $127,700 +4.5% |
| 2020 | $2,022 | $122,200 +2% |
| 2019 | -- | $119,800 -1.6% |
| 2018 | -- | $121,700 +7.9% |
| 2017 | $1,781 | $112,800 +205.6% |
| 2016 | $1,781 +5% | $36,910 +0.3% |
| 2015 | $1,696 | $36,800 +3.2% |
| 2014 | $1,696 | $35,651 |
| 2013 | $1,696 | $35,651 +2.4% |
| 2012 | -- | $34,816 +2.7% |
| 2011 | -- | $33,901 +1.7% |
| 2010 | -- | $33,335 -0.3% |
| 2009 | -- | $33,436 +4.4% |
| 2008 | -- | $32,027 +2.3% |
| 2007 | -- | $31,307 -67.6% |
| 2005 | -- | $96,700 +8% |
| 2004 | -- | $89,500 +10.9% |
| 2003 | -- | $80,700 +28.9% |
| 2002 | $1,248 +41.8% | $62,600 +87.4% |
| 2001 | $880 +1% | $33,400 +6% |
| 2000 | $871 | $31,500 +23% |
| 1999 | -- | $25,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Central
Nearby schools
Schools provided by the listing agent
- District: Ann Arbor Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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