For Sale
555 E William Street 5B, Ann Arbor, MI 48104
$219,900
MLS # 26020541 (Michigan Regional Information Center (MichRIC))
0 beds1 bath396 sqftBuilt 19690 acres
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Listing Description
Highly desirable, south side studio in the heart of it all -- updated, polished, and move-in ready. You'll love the dark wood cabinetry, granite countertops, stainless appliances, and luxury vinyl flooring throughout. Tucked just one block from U of M campus and State Street, this building offers the best of downtown living without the noise. Enjoy 24-hour security, soundproof walls, on-site laundry, storage, and a dedicated maintenance team. Whether you're a student, a professional who wants a downtown base, a senior, weekender, or investor -- this is an easy yes at a reasonable price.
Source: SparkMLS
About this home
Located in Tower Plaza in Ann Arbor, this property offers 1-bath, 396 sq ft, with original construction dating to 1969.
Asking $219,900 (about $555/sq ft).
Annual property taxes run approximately $4,636 ($386/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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms0
Bathrooms1
Living Area396 sqft
Year Built1969
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleOther
ConstructionConcrete
BasementOther
HeatingHeat Pump, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed5/6/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
HOA
HOA Fee$648 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Heat
Source: SparkMLS
Tax Information
Annual Tax$4,636
Tax Year2025
Assessed Value$86,300
Parcel #09-09-29-401-065
Source: SparkMLS
Legal Description
UNIT 46 TOWER PLAZA CONDO
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gerrit Stukkie
Block Real Estate
Frequently Asked Questions about 555 E William Street 5B, Ann Arbor, MI 48104
What school district is 555 E William Street 5B, Ann Arbor, MI 48104 in?
Per MLS# 26020541, 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# 26020541, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26020541, the most recent reported annual property tax for 555 E William Street 5B, Ann Arbor, MI 48104 is $4,636 (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 5B, Ann Arbor, MI 48104 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 555 E William Street 5B, 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.
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$2,074
Principal & interest$1,426
HOA$648
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
555 E William Street 5B, 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
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