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$620,000
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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.
Full Property Details
Full Property Details for 101 E McKay St
General
- Sold For: $620,000
- Taxes: $10,686
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25033168
- Added to Site: 197 day(s) ago
Parking
- Total Spaces: 6
- Parking Features: Asphalt, Driveway
Location
- Area: Ann Arbor/Washtenaw - A
- County: Washtenaw
- Cross Streets: E Michigan Ave & Ann Arbor St
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Utility Description: Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Basement: Yes
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,379
- Zoning: D-2
Financial Considerations
- Tax Amount: $10,686
- Terms: Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Trash, Sewer, Gas
Disclosures and Reports
- Legal Description: *OLD SID - 18 18-045-021-00 SC 3-14 LOT 17 ASSESSOR'S PLAT NO. 2.
- Property ID: 18-18-01-126-020
Listed by Keller Williams Ann Arbor Mrkt, Kiara Nelson and Dominic Nelson
Sold by The Stephan Group, Andrea Stephan
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Schools
Schools serving 101 E McKay St
School District:Saline Area Schools
| Name | Grades | Distance |
|---|---|---|
Heritage School 290 Woodland Drive East, Saline, MI 48176 | 4-5 | 1 mi |
Woodland Meadows Elementary School 350 Woodland Drive West, Saline, MI 48176 | K-3 | 1.1 mi |
Saline Middle School 7190 North Maple Road, Saline, MI 48176 | 6-8 | 0.9 mi |
Saline High School 1300 Campus Parkway, Saline, MI 48176 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 E McKay St
Date
Details
Price
Change
Source
11/07/2025
Sold
$620,000
-4.62%
MLS
7/24/2025
Price Reduced
$650,000
-6.47%
MLS
7/13/2025
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
101 E McKay Street, Saline, MI 48176 (MLS# 25033168) is a Single Family property that was sold at $620,000 on November 07, 2025. Want to learn more about 101 E McKay Street? Do you have questions about finding other Single Family real estate for sale in Saline? You can browse all Saline real estate or contact a Coldwell Banker agent to request more information.

