1136 Prospect Street
Ann Arbor, MI 48104

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Description

A truly rare investment opportunity in Ann Arbor's most iconic row of multi-family. The historic Samuel Miller Residence is located in North Burns Park neighborhood less than 1/2 mile from University of Michigan. This 11-unit property has been impeccably maintained, and updated to meet the modern expectations of city ordinance. Zoned R4C, 9-1 bedroom units, 1-2 bedroom unit, 1 efficiency, 11 parking spaces, and an included vacant lot next door, a standout feature rarely found in comparable properties. Each unit has a charm of it's own with unique architectural features, private entry & updated interiors. Electrical, Mechanicals, and systems (mini-splits) have all been updated to manage efficiency and attract quality tenants. 2026 Certificate of Occupancy permit in place. Ideal for investors seeking a combination of cash flow, appreciation, and future development potential in one of Michigan's most lucrative rental markets.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Washtenaw County
• Zip Code: 48104
• Year Built: 1901
• School District: Ann Arbor
• Units: 11 units
• Basement: Daylight, Full, Walk-Out Access, Yes, Yes
• # of Parking Spaces: 11
• Lot Size: 13068 sq ft lot
• Construction Materials: Brick, Stone, Wood Siding
• Cooling: Window Unit(s), Mini-Split
• Cross Street: E University & Packard
• Directions: E university to Prospect
• Driveway: Gravel
• Extras: Sep Electric Meter
• Financial Available: Yes
• Heat Source: Natural Gas
• Heat Type: Mini-Split
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.3
• Lot Size Square Feet: 13068
• Lot Size Units: Acres
• MLS Area Major: Ann Arbor/Washtenaw - A
• MLS Area Minor: Ann Arbor/Washtenaw - A
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Trash Collection
• Ownership: Private Owned
• Parcel Number: 09-09-33-234-035
• Parking Features: Gravel
• Possession: Subject To Tenant Rights
• Road Frontage: 98
• Road Surface Type: Paved
• Roof: Composition, Slate
• SEV: 880800
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 22539
• Tax Legal Description: LOT 24 MILLERS ADDITION
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Sewer, Water
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 3788
• Township: Ann Arbor
• Util Availat Street: High Speed Internet, Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
• Water Source: Public Water
• Zoning Description: R4C