Ann Arbor, Michigan 48104 · Old Fourth Ward
Priced 16% below what homes in Old Fourth Ward are asking per square foot. This home asks $399 per square foot; the median is $475, over 7 listings.
A rare investment opportunity in the heart of Ann Arbor! Situated on a desirable corner lot, 720 Catherine offers the space and versatility to make the most of its highly sought-after setting. Traditionally used for U-M student housing, the property features up to 7 bedrooms (possible 8th), 4 baths, with the option to utilize it as one large residence or three separate living spaces. Each level has its own kitchen and bathroom, creating excellent potential for multiple rental income streams. Just a short walk to the University of Michigan campuses, Michigan Medicine and vibrant Kerrytown, residents can enjoy beloved markets, restaurants, cafés and shops, along with everything downtown Ann Arbor has to offer. With classic character, a flexible floor plan and strong income-producing potential, 720 Catherine is a smart addition to an established investment portfolio—or an exciting place to start building one.
In Old Fourth Ward. Open in Google Maps
This home asks $399 per square foot. Across Ann Arbor, homes for sale ask a median of $265, and the homes that sold in the last six months closed at $266. 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.
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Updated: 09/25/26
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