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500 Catherine Street, Ann Arbor, MI 48104

Ann Arbor, Michigan 48104 · Old Fourth Ward

$1,249,0005 ba

Rare opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, this property consists of four residential units totaling eight beds, featuring a diverse unit mix of 1- one-bedroom unit, 2- two-bedroom units, and 1- three-bedroom unit. The varied layouts provide broad tenant appeal and flexibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benefits from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment. This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets.

Where it is

In Old Fourth Ward. Open in Google Maps

Explore Old Fourth Ward — market stats & more listings

List price$1,249,000
StatusActive
Bathrooms5
Lot0.1 acres
Year built1910
Type2 to 4 Units
MunicipalityAnn Arbor
School districtAnn Arbor
HOA duesYes
Property taxes$18,103 / year (2025)
Days on site21 · since Oct 5, 2026
MLS #20260713154852414601000000

Price history

  1. Oct 5, 2026Reduced to $1,249,000 from $1,269,000
  2. Jul 13, 2026Listed with the MLS

Changes this site has seen since the listing first appeared here.

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Listed by Altitude Commercial Real Estat
George Abro · 248-404-7281

This site does not display the entire MichRIC Broker Reciprocity Database, just the areas I work.

Updated: 10/26/26

Recent sales nearby

2 similar homes sold within a mile in the last six months.

The same shape of home, about as many bedrooms, nearest first. What each one closed for takes an email — no password, and it opens every sale on the site.

All sales in Old Fourth Ward