1013 Fountain Street Ann Arbor, MI 48103
Source MLS VerifiedListing Courtesy of: MichRic / Listed By: Howard Watts, Coldwell Banker Professionals; Glenda Gerbstadt, Professionals

  1013 Fountain Street Ann Arbor, MI 48103

Active (5 Days)
$737,500 (USD)

Description

Great investment opportunity or owner-occupied living in the heart of sought-after Water Hill! Tucked away in a secluded setting, this distinctive Swiss-chalet-style duplex is anything but a typical rental property. Both 2-bedroom, 1-bath units offer open floorplans, updated kitchens and tiled baths, with each unit featuring its own 2-car garage plus private deck and patio. Major recent updates include a new roof in 2025 and newer boilers, just 4 and 6 years old. Unit 1 offers nearly 1,600 sq. ft. and is ideally suited for owner-occupied living, featuring a dramatic upper-level loft/family room/flex space with soaring cathedral ceilings & skylights, plus a substantial additional area offering excellent potential for future finishing or abundant storage. Unit 2 is occupied by a long-term tenant on month-to-month terms and features skylights in the kitchen & bathroom. Convenient to downtown Ann Arbor, U of M Central Campus, parks, shopping, dining and more. City HERD result to follow. Current rents of $2,050 and $1,450 per month are below market, presenting an excellent opportunity for increased income and future upside. Certificate of Occupancy in place through April 2028. A rare opportunity to own a distinctive duplex in one of Ann Arbor's most desirable neighborhoods!

MLS #:
26045413
Taxes
$15,621
Lot Size
6,882 SQFT
Type
Multifamily
Year Built
1965
County
Washtenaw County

Listed By

Howard Watts, Coldwell Banker Professionals
Glenda Gerbstadt, Coldwell Banker Professionals
Source
MichRic
Last checked Sep 1 2026 at 8:05 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Baseboard
  • Hot Water
  • Wall Unit(s)
Basement Information
  • Slab
Exterior Features
  • Wood Siding
  • Block
  • Stucco
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Wines Elementary School
  • Middle School: Forsythe Middle School
  • High School: Skyline High School
Parking
  • Asphalt
  • Driveway
Location
   
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Disclaimer: Copyright 2026 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 9/1/26 13:05