About This Home

This 2-bedroom, 1-bathroom single family at 118 W Summit Street in Ann Arbor, MI is listed for $332,500 ($315 per sqft). Built in 1901, the home offers 1,056 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1901
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
1 full
1901
Listing Description

Incredible opportunity to own a home within Ann Arbor's C1 zoning district-one of the few areas that allows for non-owner occupied short-term (Airbnb, VRBO, etc.) rentals-at 118 W Summit St, Ann Arbor, MI 48103. Perfect for investors seeking a high-demand rental property or for use as your personal residence, this property is a blank slate with demolition and renovations already underway.

Currently configured as a 2-bedroom, 1-bath home, it offers potential to add another bath and reimagine the living space to fit your needs. Located in the desirable Water Hill neighborhood near Kerrytown, the home boasts unbeatable walkability to Michigan Medicine, U-M Central Campus, Downtown, Kerrytown, the Farmers Market, scenic parks like Bande

mer and Bird Hills, plus direct access to the new Barton-Bandemer pedestrian tunnel and expanded protected bike lanes, connecting you seamlessly to the entire city. Bring your vision and transform this property just minutes from Ann Arbor's best destinations.

Monthly Cost Estimate

$1,778/mo

20% down · 6.5% · 30 years

Principal$240
Interest$1,441
Insurance$97

Estimates only. Actual payments may vary.

Location

118 W Summit Street

Ann Arbor, MI 48103

Property Details

Heating

Forced Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 118 W Summit Street is listed at $332,500 ($315/sqft). The estimated monthly payment is $1,778 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1901, 0.09 acre lot, 2 stories.

This property is listed by Desert Klein-Kassab.

DK

Desert Klein-Kassab

Agent at Real Estate One

Listed by Real Estate One · Broker phone: (248) 304-6700 · View on Broker Site · Broker website

MLS# 50185013· Source: Multiple Listing Service MiRealSource· 440 days on PropertySimple

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

118 W Summit Street, Ann Arbor, MI 48103

Open this listing in: