Property details
About 101 E Mckay St
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.
Highlights
Summary
- Basement: Yes
- Parking: Asphalt
- Heating: Forced Air, Natural Gas
- List Price: $695,000
- Annual Tax Amount: $9,441
- Tax Year: 2024
- Year Built: 1920
- Lot Size: 0.38 Acres
- MLS Number: 81025033168
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Keller Williams Ann Arbor Mrkt
- Office Phone: (734) 995-9400
- Listing Agent: Kiara Nelson, Dominic Nelson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 22, 2020 | Home Sold | $300,000 |
| Oct 22, 2020 | Home Sold | $352,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $157,000 | $9,441 |
| 2023 | $188,800 | $10,977 |
| 2022 | $187,600 | $10,977 |
| 2021 | $155,800 | $9,651 |
| 2020 | $150,000 | $9,314 |
| 2019 | $139,300 | $255 |
| 2018 | $139,300 | $5,727 |
| 2017 | $116,500 | $5,485 |
History based on county public records data.
Nearby schools
10
Pleasant Ridge Elementary School
Public District KG-3
0.4 mi
•229 Pleasant Ridge Dr
8
Heritage School
Public District 4-5
1.0 mi
•290 Woodland Dr
6
Woodland Meadows Elementary School
Public District KG-3
1.0 mi
•350 Woodland Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,917. Most Saline, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Family Dollar
Kmart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Little Caesars
What do the neighbors drive?
Ford
Buick
Chevrolet
What do the neighbors listen to?
New Country
Oldies
Country
Frequently asked questions
About 101 E Mckay St
The listing price of 101 E Mckay St property is $695,000.
The property 101 E Mckay St is a multi located in Saline, Michigan, 48176.
Coming Soon: 101 E Mckay St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 101 E Mckay St are: Pleasant Ridge Elementary School (GreatSchools Rating 10/10), Heritage School (GreatSchools Rating 8/10), Woodland Meadows Elementary School (GreatSchools Rating 6/10), Saline Middle School (GreatSchools Rating 8/10), Multicultural Academy (GreatSchools Rating 3/10), South Arbor Charter Academy (GreatSchools Rating 10/10), Saline Alternative High School (GreatSchools Rating 5/10), Saline High School (GreatSchools Rating 7/10), Ann Arbor Learning Community (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $9,441 (source: MLS/based on county public records data).
The last sale was on October 22, 2020 for $300,000 (source: MLS/tax record).
The year of construction for 101 E Mckay St is 1920.
This home is located at 101 E Mckay St in Saline, MI and zip code 48176. Features: 0 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $695,000.
In June 2025, from all listings sold in Saline, MI there were more than 10 sold above asking price, over 10 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Saline, MI between May and June 2025 increased by 15.7%. In June 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $455,000.