Movoto Real Estate
Sold on 11/07/2025
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101 E Mckay St, Saline, MI 48176

$620,000

Last sold 11/07/2025 after 122 Days

  • 6

    bed

  • —

    bath

Multi-family not for sale

About 101 E Mckay St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 0.38 Acre
Property description
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.
Listed by
Listing Agent - Kiara Nelson
Listing Agent Contact: 7349959400
Listing Office - Keller Williams Ann Arbor Mrkt
Source: Realcomp mls logo
MLS#81025033168 • last updated 1 year ago
Movoto checked Realcomp for data 4 minutes ago
Overview
Heating ForcedAir, NaturalGas
Status Sold
SubType Multi Family
MLS # 81025033168
Lot Size (Acres) 0.38
Property Tax 10686
Exterior
Construction Wood Siding
Foundation Michigan Basement
# Parking Spaces 6
Parking Asphalt
Location
High School District Saline
APN 181801126020
Zoning Commercial, Office, Residential
  • Nov 2025
    mls logo MLS # 81025033168
  • Nov 7, 2025 Sold
    $620,000
  • Sep 12, 2025 Active
    —
  • Jul 24, 2025 Price Change
    $650,000 (-6.5%)
  • Jul 24, 2025 Listed
    —
  • Jul 19, 2025 Active
    —
  • Jul 8, 2025 Listed
    $695,000
  • Nov 2025
    mls logo MLS # 70479829
  • Nov 7, 2025 Sold
    $620,000 (-4.6%)
  • Sep 12, 2025 Keep Showing-Contgcy Appl
    —
  • Jul 24, 2025 Listed
    —
  • Jul 19, 2025 Keep Showing-Contgcy Appl
    —
  • Jul 8, 2025 Listed
    $695,000 (+97.4%)
  • Oct 2020
    mls logo MLS # 2200051152
  • Oct 15, 2020 Sold
    $352,000 (-30.9%)
  • Aug 13, 2020 Pending
    —
  • Jul 5, 2020 Listed
    $509,244
  • Jul 2020
    mls logo MLS # 40074622
  • Jul 5, 2020 Listed
    $509,244
  • Year Property taxes Tax assessment
  • 2024
    $11,532 +5.1%
    $149,500 -20.82%
  • 2022
    $10,977 +16.3%
    $188,800 +0.64%
  • 2021
    $9,441 -2.2%
    $187,600 +20.41%
  • 2020
    $9,652 +2.2%
    $155,800 -0.76%
  • 2019
    $9,441
    $157,000
  • 101 E Mckay St
    $620K
  • 04182 - Saline
    —
  • 48176
    $569K -5% y/y
  • Saline
    $549K -4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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