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.
Active
Price cut: $45K (7/24)
$650,000
101 E McKay St, Saline, MI 48176
6beds
7baths
--sqft
Est.:
5+ Units
Built in 1920
-- sqft lot
$633,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 34 days
- on Zillow |
- 574 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 07:12am
Listed by:
Kiara Nelson 734-732-3844,
Keller Williams Ann Arbor Mrkt 734-995-9400,
Dominic Nelson 734-957-6337,
Keller Williams Ann Arbor Mrkt
Source: MichRIC,MLS#: 25033168

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Heating
- Forced Air
Features
- Basement: Michigan Basement
- Number of fireplaces: 1
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
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