Sold
518 N Division Street, Ann Arbor, MI 48104
Sold on 09/26/2025 for$567,500
MLS # 25044994 (Michigan Regional Information Center (MichRIC))
5 beds2 baths1,388 sqftBuilt 19100.08 acres
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Listing Description
Income Property in Kerrytown- Current Lease expires in August 2026, $4,200/month includes utilities. 1910 residence offering 5 bedrooms, and 2 full baths. Recent updates include furnace installed in 2023, & Sewer Line Replacement. The home blends original character with opportunity for customization, featuring tall ceilings, abundant natural light, and flexible living space. Located in the heart of Ann Arbor, just blocks from Kerrytown, the Farmers Market, and the University of Michigan campus. A rare opportunity to own a piece of Ann Arbor in a prime location! HERD SCORE 3/10. Download report at stream.a2gov.org
Source: SparkMLS
About this home
Located in Downtown Ann Arbor in Ann Arbor, this property offers 5-bedroom, 2-bath, 1,388 sq ft, with original construction dating to 1910.
This home sold for $567,500 (about $409/sq ft).
Annual property taxes run approximately $7,017 ($585/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms2
Living Area1,388 sqft
Lot Size0.08 acres
Year Built1910
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleHistoric, Victorian
ConstructionOther
BasementFull
HeatingForced Air, Wall Furnace
WaterPublic
SewerPublic
UtilitiesPhone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
Sale & Financing
Listed9/3/2025
Sold Date9/25/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,017
Tax Year2025
Assessed Value$101,905
Parcel #09-09-29-102-009
Source: SparkMLS
Legal Description
BEG PT E L DIVISION ST 48.75 FT S OF SW COR LOT 12 BLK 24 ORMSBY & PAGES ADD-TH E PAR TO KINGSLEY ST 4 RDS N 40 FT W 4 RDS S 40 FT TO POB SEC 29 T2S R6E
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Old Fourth Ward Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Ann Arbor Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Evelyn Roberts
NestEgg Properties
Frequently Asked Questions about 518 N Division Street, Ann Arbor, MI 48104
Which school district serves 518 N Division Street, Ann Arbor, MI 48104?
Per MLS# 25044994, 518 N Division Street, Ann Arbor, MI 48104 is in the Ann Arbor Public Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor Public Schools directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 25044994, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 518 N Division Street, Ann Arbor, MI 48104?
Per public tax records, annual property taxes for this property are $7,017 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 518 N Division Street, Ann Arbor, MI 48104 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 518 N Division Street, Ann Arbor, MI 48104 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is 518 N Division Street, Ann Arbor, MI 48104 in a historic district?
Per municipal ordinance records, this property is within the Old Fourth Ward Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 518 N Division Street, Ann Arbor, MI 48104. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 518 N Division Street, Ann Arbor, MI 48104?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$3,307
Principal & interest$3,307
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
518 N Division Street, Ann Arbor, MI 48104
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Municipality
Downtown Ann Arbor
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County
Washtenaw County
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