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Sold
  • $620,000

    101 E McKay St, Saline, MI 48176

    6beds
    7baths
    --sqft
    5+ Units
    Built in 1920
    -- sqft lot
    $615,600 Zestimate®
    $--/sqft
    $1,669 Estimated rent

    Home value

    $615,600

    $554,000 - $683,000

    $1,669/mo

    Zestimate® history
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    $4,087/mo

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    $4,087/mo

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    What's special

    Tremendous potential for expansionFurnished with a microwaveOversized lotWindow ac unit
    Open Sunday 2-4PM. Incredible investment opportunity in the heart of downtown Saline! Don't miss your chance to own this fully rented six-unit income property, ideally situated just steps from the vibrant shops and restaurants of downtown Saline. Each unit features one bedroom and one full bathroom, and all have been nicely updated—making this a truly turn-key opportunity for investors. Every unit includes a refrigerator and range/oven; several also come furnished with a microwave, and one features a window AC unit. With a current Certificate of Occupancy, this property offers peace of mind and immediate cash flow. It sits on an oversized lot with ample parking, charming front and rear porches, and tremendous potential for expansion or even the addition of a second structure. These opportunities are rarely found in this central location. Zoned D2 (Downtown Support District), this flexible parcel supports mixed-use development, including residential, office, and commercial uses. One could also assemble multiple parcels to create a larger developmentideal for investors with long-term vision. Major recent upgrades include a new foundation wall, providing valuable structural updates and built-in equity for the next owner. Whether you're seeking your first investment property or a strategic addition to your portfolio, this well-positioned asset checks all the boxes. See attached documents for detailed rental information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kiara Nelson 734-732-3844,

    Keller Williams Ann Arbor Mrkt,

    Dominic Nelson 734-957-6337,

    Keller Williams Ann Arbor Mrkt

    Bought with:

    Andrea Stephan

    Source: MichRIC,MLS#: 25033168MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement

    Property

    Parking
    • Total spaces: 6
    • Parking features: Asphalt, Driveway
    Lot
    • Size: 0.38 Acres
    • Dimensions: 99 x 165
    Details
    • Parcel number: 181801126020
    • Zoning description: D-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Wood Siding
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Saline

    Financial & listing details

    • Tax assessed value: $157,000
    • Annual tax amount: $10,686
    • Date on market: 7/24/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Water, Sewer, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/7/2025Sold$620,000-4.6%
    Source: MichRIC #25033168 Report a problem
    9/12/2025Contingent$650,000
    Source: MichRIC #25033168 Report a problem
    7/24/2025Listed for sale$650,000-6.5%
    Source: MichRIC #25033168 Report a problem
    7/20/2025Contingent$695,000
    Source: MichRIC #25033168 Report a problem
    7/13/2025Listed for sale$695,000+97.4%
    Source: MichRIC #25033168 Report a problem
    10/14/2020Sold$352,000-30.9%
    Source: Agent Provided Report a problem
    7/16/2020Price change$509,244-15%
    Source: Bradbury Development Co. #2200051152 Report a problem
    7/5/2020Listed for sale$599,111
    Source: Bradbury Development Co. #2200051152 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 48176

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $615,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $615,600