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
$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 Aug 27 2026 at 4:17 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 8/27/26 09:17