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Off market
  • $1,747,200

    521 S 4th Ave, Ann Arbor, MI 48104

    14beds
    4,432sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,747,200 Zestimate®
    $394/sqft
    $3,356 Estimated rent

    Home value

    $1,747,200

    $1.59M - $1.92M

    $3,356/mo

    Zestimate® history
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    $11,702/mo

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    $11,702/mo

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    What's special

    Opportunity knocks two blocks from Central Campus. This single income property has three residences on one parcel and includes addresses 521 S. Fourth, 523 S. Fourth and 525 S. Fourth plus a detached garage. Meticulously maintained and cared for with current Certificates of Occupancy, these three homes contain a total of 14 bedrooms. 521 has 992 SF, 2 beds and 1 bath; 523 is 1714 SF, 6 beds and 2.1 baths; 525 is 1726 SF, 6 beds and 2 baths. All three houses have basements with laundry and all have AC. There are 6 parking spaces behind, a two car garage and plenty of street parking. Current rent is $9845 a month with room for growth. Tenants pay utilities and are responsible for trash. This property is part of a four-property sale. The following three adjacent properties are also being offered: 517 S. Fourth Ave, 526 and 528 S Fifth Avenue. See attached aerial map and floor plan. MLS Numbers are 3271130, 3271128, 3271127, 3271125, 3271119. NO SHOWINGS UNTIL 2-23

    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
    • Bedrooms: 14
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,432 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Wood products, Metal
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 090929438018

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & HOA

    Location
    • Region: Ann Arbor

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $1,441,000
    • Annual tax amount: $37,988

    Price history

    DateEventPrice
    7/1/2020Sold$1,400,000-11.1%$316/sqft
    Source: MichRIC #19864 Report a problem
    6/5/2020Pending sale$1,575,000$355/sqft
    Source: Reinhart Realtors #3271130 Report a problem
    2/21/2020Listed for sale$1,575,000+131.6%$355/sqft
    Source: Reinhart Realtors #3271130 Report a problem
    11/20/2019Listing removed$1,465
    Source: Michigan Commercial Realty LLC Report a problem
    11/7/2019Listed for rent$1,465+1%
    Source: Michigan Commercial Realty LLC Report a problem
    1/9/2018Listing removed$1,450
    Source: Michigan Commercial Realty Report a problem
    11/6/2017Listed for rent$1,450+1.8%
    Source: Michigan Commercial Realty Report a problem
    6/24/2017Listing removed$1,425
    Source: Graham Miles Report a problem
    6/7/2017Price change$1,425-8.1%
    Source: Graham Miles Report a problem
    5/23/2017Listed for rent$1,550
    Source: Graham Miles Report a problem
    12/3/2014Listing removed$1,550
    Source: Graham Miles Report a problem
    11/10/2014Listed for rent$1,550+3.3%
    Source: Graham Miles Report a problem
    4/8/2014Listing removed$1,500
    Source: Graham Miles Report a problem
    11/14/2013Listed for rent$1,500+3.4%
    Source: Graham Miles Report a problem
    12/10/2011Listing removed$1,450
    Source: Graham Miles Report a problem
    11/10/2011Listed for rent$1,450
    Source: Graham Miles Report a problem
    7/3/2002Sold$680,000$153/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,988 $720,500 +9.2%
    2024-- $659,500 +13%
    2023-- $583,800 +5%
    2022-- $555,800 +15.8%
    2021-- $480,100 +2.1%
    2020$21,751 $470,300 +0.2%
    2019-- $469,400 +3.3%
    2018-- $454,400 +0.9%
    2017$19,134 $450,500 +45.7%
    2016$19,134 +4.3%$309,234 +0.3%
    2015$18,348 $308,310 +3.2%
    2014$18,348 $298,677
    2013$18,348 $298,677 +2.4%
    2012-- $291,677 +2.7%
    2011-- $284,009 +2.5%
    2010-- $277,000 -9.4%
    2009-- $305,704 +4.4%
    2008-- $292,820 +2.3%
    2007-- $286,237 -13%
    2005-- $329,000 +3.6%
    2004-- $317,500 +8.7%
    2003-- $292,100 +82%
    2002$6,555 +51.3%$160,500 +6.6%
    2001$4,332 +2.3%$150,600 +22.2%
    2000$4,233 $123,200 +13.2%
    1999-- $108,800
    Find assessor info on the county website

    Neighborhood: South Central

    Nearby schools

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

    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
    $1,747,200
    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
    $1,747,200