For Sale
555 E William Street 16K, Ann Arbor, MI 48104
$219,000
MLS # 26005753 (Michigan Regional Information Center (MichRIC))
0 beds1 bath396 sqftBuilt 19690.01 acres
1 / 16
Listing Description
South side Large Studio with amazing view of UM Campus & the Big House. Prime downtown location just one block from UM Campus in the quiet State Street neighborhood. Quiet, secure building has 24 hour lobby security, soundproof walls, on site laundry, storage, maintenance staff. This is a perfect place for student, downtown based professional, senior, investor, weekender or anyone looking for a reasonably priced residence. Parking & on site rental management available. NOTE: THIS UNIT IS RENTED THROUGH 4/30/27
Source: SparkMLS
About this home
This 1-bath, 396 sq ft home built in 1969 sits in Tower Plaza in Ann Arbor.
Currently offered at $219,000 (about $553/sq ft).
Annual property taxes run approximately $7,158 ($597/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 6,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms0
Bathrooms1
Living Area396 sqft
Lot Size0.01 acres
Year Built1969
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleOther
ConstructionOther
BasementOther
HeatingHeat Pump, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed2/16/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$640 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$7,158
Tax Year2025
Assessed Value$103,275
Parcel #09-09-29-401-200
Source: SparkMLS
Legal Description
UNIT 181 TOWER PLAZA CONDO
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brian Tomsic
University Realty Associates
Frequently Asked Questions about 555 E William Street 16K, Ann Arbor, MI 48104
What school district is 555 E William Street 16K, Ann Arbor, MI 48104 in?
Per MLS# 26005753, this property is served by Ann Arbor. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26005753, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26005753, the most recent reported annual property tax for 555 E William Street 16K, Ann Arbor, MI 48104 is $7,158 (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.
Is 555 E William Street 16K, Ann Arbor, MI 48104 eligible for USDA financing?
Per USDA Rural Development boundary data, 555 E William Street 16K, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 555 E William Street 16K, Ann Arbor, MI 48104 is in flood zone X (minimal risk). 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 fiber internet available at 555 E William Street 16K, Ann Arbor, MI 48104?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 6.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Mortgage Calculator
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Monthly payment$2,060
Principal & interest$1,420
HOA$640
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
6 Gbps
Upload
6 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
123.NET IncFiber
6 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
1 GbpsStarlinkGSO Satellite
280 MbpsAT&TLicensed Fixed Wireless
100 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsT-MobileLicensed Fixed Wireless
25 MbpsAT&TDSL
10 MbpsFCC 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
555 E William Street 16K, Ann Arbor, MI 48104
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Neighborhood
Tower Plaza
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Community
Ann Arbor
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County
Washtenaw County
View county overview →
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