765 Waterman Street
Ann Arbor, MI 48103


Estimated $/mo*


Square Feet
Estimate Finished Square Feet
2,057 Sq Ft Above Ground
Back on the market at no fault to the home. The buyer was unable to obtain financing. Privacy, Nature, and Wildlife. This duplex has it all. Here is the perfect opportunity for you to purchase your very own private retreat only 4 miles from downtown Ann Arbor! Nestled among the trees, on an acre of land, this duplex features 2, 2 bedroom, 1 bath units with tons of natural light. Each unit is well appointed, and features an eat in kitchen, laundry, AC/Baseboard Heat and separate gas/water meters. Live in 765 which has been updated throughout with heated tile floors in the kitchen bathroom, and laundry room, custom granite and marble counter tops, a jetted bathtub, stainless steel appliances, and even a motion activated kitchen faucet; then supplement your payments by renting out 767 which is currently rented for $1,450/month. Both units could easily be rented if you are looking for a profitable income property. Looking to have a 2,000 square foot ranch on an acre? Convert the duplex into your dream single family home, and watch deer stroll by from your patio. You could start from scratch and build your dream home on an acre!
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  • Income Property

Year Built

  • 1967


  • 3272349

Lot Size

  • 1

Number Of Kitchens

  • 2


  • Yes
  • In Unit

Number of Units

  • 2

Taxable Value

  • $4,098

State Equalized Value

  • $129,300


Community - Ann Arbor Area

Ann Arbor, the hub of Washtenaw County, is the sixth largest city in Michigan.  A lively downtown and charming tree-lined neighborhoods make Ann Arbor an ideal place to live, work, and raise a family.

Known for academic excellence, Ann Arbor Public Schools District is consistently ranked one of the best in the country.  Ann Arbor is also home to the University of Michigan, Cleary University, Concordia University and Washtenaw Community College.

You will find a wonderful mix of city advantages and scenic beauty in Ann Arbor.  Nicknamed “Tree Town”, Ann Arbor has more than 2,000 acres of tree lined city parks.  Ann Arbor provides endless recreation opportunities including trails, golf courses, canoeing, tennis courts, athletic fields and more.  One of the most walkable communities in the country, Ann Arbor prides itself on being environmentally friendly with a progressive recycling program and conscious effort to preserve the city’s green space.

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While surrounded by all of this natural beauty, you'll also find that Ann Arbor is less than an hour from the big city advantages Detroit, Michigan has to offer.  Detroit is home to the Detroit Symphony Orchestra, several museums, extraordinary shopping and professional sports team including the Detroit Lions, Pistons, Red Wings and Tigers.

Within a four-hour drive of Ann Arbor are Chicago and Toronto, or take a 25-minute trip to Detroit Metropolitan Airport and the world is at your feet.  Amtrak makes several stops daily in Ann Arbor, connecting passengers to over 450 locations across the country.

There is a very broad range of major employers countywide, many of them located in and near Ann Arbor.  The University of Michigan, the University of Michigan Health System, and the St. Joseph Mercy Health System are among the area's leading employers.  These opportunities allow many of the county's residents to work quite close to home; other residents commute less than an hour to greater Detroit or Lansing.

Whether it's life in a college town that you prefer, or the appeal of a small town conveniently located to a larger urban area, Ann Arbor and Washtenaw County has it all.  Come see why our home is well loved by so many!

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The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange ("IDX") program of Ann Arbor Area Board of Realtors®. Real estate listings held by brokers other than Reinhart Realtors are marked with the IDX Logo. All information is subject to change and should be independently verified.