$950,000
Ann Arbor, MI 48104
MLS# 26050488
7 beds | 4 baths | 2382 sqft
1 / 33
Property Description
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.
Details
Location & Property Info
Cross Streets: S. State/ N. Thayer
Property Sub-Type: Single Family Residence
Municipality: Ann Arbor
Office/Contract Info
On-Market Date: 2026-09-25
Auction or For Sale: For Sale
List Price/SqFt: 398.82
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 66x52
Road Frontage: 65
Garage Y/N: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 11
Total Fin SqFt All Levels: 2382
SqFt Above Grade: 2382
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 3285
Total Beds Above Grade: 7
Main Level Primary: No
Stories: 3
School District: Ann Arbor
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.08
Lot Square Footage: 3485
Year Built: 1910
Total Bedrooms: 7
Full Baths: 4
Total Baths: 4
Tax Info
Taxable Value: 274584
SEV: 409700
For Tax Year: 2025
Seller's Annual Property Tax: 18532
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: N/A
Zoning: R4c
Tax ID #: 090928206001
Remarks & Misc
Public Remarks: 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.
Legal: N 52 FT LOT 5 B2N R10E EASTERN ADDITION
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Purchase Money Mtg: 1
VA Loan: 1
Other: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 1
Laundry Room: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 5
Upper Full Baths: 3
Upper Level Square Feet: 856
Total Baths Above Grade: 4
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Level SQFT: 903
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 903
Driveway
Concrete: 1
Substructure
Full: 1
Windows
Egress Window: 1
Appliances
Cooktop: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Softener Owned: 1
Water Heater
Natural Gas: 1
Exterior Features
Balcony: 1
Other: 1
Fencing
Front Yard: 1
Patio and Porch Features
Patio: 1
Porch(es): 1
Covered: 1
Flooring
Carpet: 1
Vinyl: 1
Landscape
Decor Fence: 1
Architectural Style
Colonial: 1
Other: 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 720
Street Name: Catherine
Suffix: Street
State: MI
Zip Code: 48104
Zip (4): 1506
OfficeContract Info
Status: Active
List Price: $950,000
Current Price: $950,000
Listing Date: 2026-09-22
Property Features
Laundry Features: Common Area; In Basement; Laundry Room
Exterior Material: Vinyl Siding
Windows: Egress Window
Substructure: Full
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public
Appliances: Cooktop; Disposal; Dryer; Microwave; Oven; Range; Refrigerator; Washer; Water Softener Owned
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Water Heater: Natural Gas
Exterior Features: Balcony; Other
Fencing: Front Yard
Flooring: Carpet; Vinyl
Patio and Porch Features: Covered; Patio; Porch(es)
Landscape: Decor Fence
Architectural Style: Colonial; Other
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; Purchase Money Mtg; VA Loan; Other
Possession: Negotiable; Subject To Tenant Rights
Sale Conditions: None
Room Information
| Room Name | Length | Width | Level | Remarks |
| Primary Bathroom | 15.30 | 10.90 | Main | FIRST BEDROOM (UNIT #1) |
| Bedroom 2 | 12.60 | 11.10 | Main | 2ND BEDROOM (UNIT #1) |
| Kitchen | 6.40 | 10.90 | Main | (UNIT #1) |
| Living Room | 11.50 | 13.11 | Main | (UNIT #1) |
| Bathroom 1 | 11.50 | 5.00 | Main | (UNIT #1) |
| Other | 11.40 | 12.10 | Main | FOYER (UNIT #1) |
| Bedroom 3 | 12.30 | 11.10 | Upper | 2ND FLOOR (UNIT #2) |
| Bedroom 4 | 12.60 | 11.70 | Upper | 2ND FLOOR (UNIT #2) |
| Bedroom 5 | 11.30 | 12.30 | Upper | 2ND FLOOR (UNIT #2) |
| Bedroom 6 | 11.50 | 12.00 | Upper | 2ND FLOOR (UNIT #2) |
| Bathroom 2 | 8.50 | 7.90 | Upper | 2ND FLOOR (UNIT #2) |
| Bathroom 3 | 4.00 | 7.90 | Upper | 2ND FLOOR (UNIT #2) |
| Kitchen | 8.10 | 7.10 | Upper | 2ND FLOOR (UNIT #2) |
| Kitchen | 14.30 | 5.11 | Upper | 3RD FLOOR (UNIT #3) |
| Other | 11.30 | 12.30 | Upper | 7TH BEDROOM*3RD FLOOR (UNIT #3) |
| Other | 9.11 | 13.10 | Upper | POTENTIAL 8TH BEDROOM*3RD FLOOR (UNIT#3)/OR FLEX/LIVING SPACE |
| Bathroom 4 | 7.30 | 8.20 | Upper | 4TH BATHROOM 3RD FLOOR (UNIT#3) |
Listing Office: The Charles Reinhart Company
Listing Agent: Tayla Scott
Last Updated: September - 25 - 2026
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