See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

612 Spring St, Ann Arbor, MI, 48103

4beds
2baths
1,763sqft
$574,999
$326price/sqft
$3,953/moest. monthly cost
$158,120/yrincome needed

About This Home

Victorian charm brightening up Spring St. in the coveted Water Hill neighborhood! A rare opportunity to own a highly rentable duplex on this tree lined street, walkable to vibrant downtown Ann Arbor, the nearby charm of Kerrytown, U of M Hospital and the college campus. Excellent multi family investment opportunity with no shortage of tenants who line up for this property. The upstairs unit is under contract with occupancy starting in August and the lower unit has had the same tenant for years. Well maintained, this beautifully unique home boasts a new roof and relatively new appliances. Both units offer private entrances. The first floor unit has 2 bedrooms and a full bathroom. Stunning hardwoods are the primary flooring, and white exposed brick lightens the already bright and airy living area. The kitchen is expansive and offers another entrance into the home. The upstairs unit is partially furnished and equally bright and welcoming. Newer LVP flooring throughout with a large living room, open concept to the kitchen which is complete with a portable dishwasher. 2 good sized bedrooms, a large full bathroom with a bonus space off of it, potentially a dream walk in closet or extra storage space. Both units have access to their own washer and dryer and the large basement for storage needs. An unbeatable location in a neighborhood that does nothing but appreciate in one of the favorite Ann Arbor neighborhoods. If you are looking to expand your investment portfolio, stop here- you found it. Shares a driveway with 604 Spring St. “Home Energy Score of 3. Download report at Ann Arbor herdmap"

Getting Around

87
WalkingVery Walkable
60
TransitGood Transit
76
BikeVery Bikeable

Schools

8/10
Bach Elementary SchoolGrades K-50.7 mi
9/10
Slauson Middle SchoolGrades 6-80.7 mi
10/10
Skyline High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Basement,Block,Michigan Basement
  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Walk Up Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet
  • Finished area above ground: 1,763

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans,Window Units

Interior Area

  • Total interior livable area: 1,763 sqft

Property

Details

  • Parcel number: 090920318003
  • Zoning description: Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Porch
  • Exterior features: Private Entrance

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 53 x 165

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$155$1,860
Property Taxes $699$8,388
Electricity $192$2,307
Total$3,953$47,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,531/yr
40% on housing$118,590/yr
45% on housing$105,413/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 48103$264
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48103$275
Washtenaw County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Price change$574,999
2026-06-16Price change$599,995
2026-06-04Listed for sale$599,999
2023-12-12Listing removed--
2023-11-13Price change$650,000
2023-10-13Listed for sale$685,000

For Sale by Agent

AgentRon Yarbrough
BrokerageAvera Realty

Similar Homes