118 Felch Street, Ann Arbor, MI 48103

• 4 beds |
• 2 baths |
• 1,494 sqft

Property Description

Exceptional investment opportunity in the heart of Ann Arbor!Well maintained Water Hill duplex located just a couple of blocks from all Kerrytown & downtown.This versatile duplex offers both short-term and long-term income potential with permits already in place for rental and short-term rental use. Unit A is fully updated and currently operating as a successful Airbnb, featuring 2 bedrooms plus a smaller flex room perfect for a home office or guest space, 1.5 bathrooms, private basement access with washer and dryer, and its own private entry. Unit B is a separate 1-bedroom unit with an open living/dining/kitchenette area, updated full bath with tub/shower, laundry with stacked washer/dryer, enclosed rear porch/mudroom, and private entry, currently leased as a rental unit.The property also features a welcoming front porch, fenced backyard, detached two-car garage, and separate/private entrances for both units, offering excellent privacy and functionality for tenants or guests.

Listing Status:

Active

Data Last Updated:

May 31, 2026 at 12:45AM

Listing Office:

Real Estate One Inc : 734-662-8600

Listing Agent:

Haleh Najafi : 734-604-1179

MLS ID:

70535227

Interior

• Appliances: DishwasherDryerFreezerMicrowaveRange/OvenRefrigeratorWasherGas Water Heater
• Laundry: Main Level
• Heating: Natural GasForced Air
• Disability Feature: Accessibility Features

Exterior

• Parking: Parking spaces: 2

Construction

• General: Aluminum SidingTwoBasement

Location

• Road/Access: Paved
• HOA Amenities: 0.0
• Originating MLS: MiRealSource
• School District: Ann Arbor Public Schools
• County: Washtenaw

Lot

• Zoning: LOT 8 ASSESSORS PLAT NO 22

Utilities

• Water: Public

Financial

• Source: MiRealSource