518 N Division Street, Ann Arbor, MI 48104
New Listing $720,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 1,100 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $720,000 List Date: 8/11/2026 Last Modified: 8/11/2026
Overview
Description
Open Houses
- Friday, August 14, 2:00 pm - 4:00 pm
Listing Details MLS# 26041936
Location Property Info
- County
- Washtenaw
- Street #
- 518
- Street Direction
- N
- Street Name
- Division
- Suffix
- Street
- State
- MI
- Zip Code
- 48104
- Zip (4)
- 1136
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.08
- Lot Square Footage
- 2614
- Lot Dimensions
- 40 x 66
- Year Built
- 1910
- Road Frontage
- 40
- Garage Y/N
- No
- Fireplace
- No
- Income Property
- Yes
- Total Rooms AG
- 7
- Total Fin SqFt All Levels
- 1100
- SqFt Above Grade
- 1100
- Below Grade Finished SqFt
- 288
- Below Grade Unfinished SqFt
- 300
- Building Total SqFt
- 1688
- Total Beds Above Grade
- 4
- Total Bedrooms
- 5
- Full Baths
- 2
- Total Baths
- 2
- Main Level Primary
- No
- Stories
- 2
- School District
- Ann Arbor
- Elementary School
- Bach Elementary School
- Middle School
- Slauson Middle School
- High School
- Pioneer High School
- Association YN
- No
- Waterfront
- No
- Total Fireplaces
- 0
- Basement
- Yes
- # of Outbuildings
- 0
Tax Info
- Tax ID #
- 09-09-29-102-009
- Taxable Value
- 201400
- SEV
- 201400
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 7062
- Tax Year
- 2025
- Zoning
- R4C
- Homestead %
- 0
- Spec Assessment & Type
- No
Remarks Misc
- Directions
- From downtown Ann Arbor: Head north on Division St; property is between E Kingsley St and E Lawrence St.
Waterfront Options
- Water Access Y/N
- No
More Information
Access Feat
- Accessibility Features
- No
Upper Rooms
- Upper Bedrooms
- 3
- Upper Full Baths
- Yes
- Upper Level Square Feet
- 550
- Total Baths Above Grade
- Yes
Main Rooms
- Main Bedrooms
- Yes
- Main Level SQFT
- 550
Basement Rooms
- Basement Bedrooms
- Yes
- Basement Full Baths
- Yes
- Basement Finished SQFT
- 288
- Total Basement SQFT
- 588
Home Energy Rate Sys
- HERS Index Number
- 3
Location & Property Info
- Cross Streets
- E Kingsley St & N. Division St
- Property Sub-Type
- Single Family Residence
- Municipality
- Ann Arbor
- Subdivision
- Old Fourth Ward
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 654.55
- Ownership Type
- Private Owned
Remarks & Misc
- Public Remarks
- Prime Ann Arbor investment opportunity with $60,000 in contracted annual rental income. This 5-bedroom, 2-bath property is leased at $5,000/month from September 1, 2026 through August 15, 2027, with tenants responsible for all utilities, including water and sewer. Recent capital improvements include a new A/C unit and laundry appliances in 2026, new granite kitchen countertops, furnace in 2024, electrical panel in 2023, and sewer line replacement. Located in the highly desirable Kerrytown/Old Fourth Ward area, just blocks from downtown Ann Arbor, the University of Michigan campus, Kerrytown Market & Shops, and the Ann Arbor Farmers Market. Strong rental location, established income, tenant-paid utilities, and significant recent mechanical and infrastructure updates make this a compelling addition to an Ann Arbor investment portfolio. Home Energy Score of 3. Download report at stream.a2gov.org.
- Legal
- 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
Lot Description
- Level
- Yes
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Utilities Attached
- Cable Connected
- Yes
- High Speed Internet
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- VA Loan
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Other
- Yes
Roofing
- Asphalt
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
- Wall Furnace
- Yes
Air Conditioning
- Window Unit(s)
- Yes
Lower Rooms
- Lower Finished SQFT
- 0
- Total Lower SQFT
- 0
Driveway
- Aggregate
- Yes
- Unpaved
- Yes
Substructure
- Full
- Yes
Windows
- Egress Window
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Water Heater
- Natural Gas
- Yes
Fencing
- Fenced Back
- Yes
Patio and Porch Features
- Porch(es)
- Yes
- Covered
- Yes
- Deck
- Yes
Flooring
- Ceramic Tile
- Yes
- Linoleum
- Yes
- Wood
- Yes
Security Features
- Carbon Monoxide Detector(s)
- Yes
- Smoke Detector(s)
- Yes
Landscape
- Garden Area
- Yes
- Ground Cover
- Yes
- Shrubs/Hedges
- Yes
Architectural Style
- Victorian
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features: In Basement Exterior Material: Other Roofing: Asphalt Windows: Egress Window Substructure: Full Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Utilities Attached: Cable Connected; High Speed Internet; Natural Gas Connected; Phone Connected Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Air Conditioning: Window Unit(s) Water Heater: Natural Gas Fencing: Fenced Back Flooring: Ceramic Tile; Linoleum; Wood Patio and Porch Features: Covered; Deck; Porch(es) Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Landscape: Garden Area; Ground Cover; Shrubs/Hedges Architectural Style: Victorian Driveway: Aggregate; Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional; VA Loan Possession: Close Of Escrow Sale Conditions: None
Listing Office: Keller Williams Ann Arbor Mrkt
Listing Agent: Kiara Nelson
Last Updated: August - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
