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    1525 Schust Rd Saginaw, MI 48604

    For Sale
    $659,000

    5 or More Units - Saginaw, MI

    Property size:
    10,432 SF
    Lot size:
    1.25 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 1525 Schust Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Commercial
    APN
    11-12-4-01-3001-000
    Interior features
    Cable Internet Installed, Carpet, Internet Available, Fixtures, Gas Available, Occupied, Separate Meters
    Size
    10,432 SF
    Lot size
    1.25 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Wall Furnace
    Cooling system
    Ceiling Fan(s), Multi Units, Window Unit(s)

    Building Details

    Year built
    1977
    Flooring type
    Carpet
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    Century 21 Signature Realty (989) 921-7000 [email protected]

    Listing agent Diana Bay (989) 921-7000 License #6506040025

    Listing date Nov 13, 2025

    MLS# 50189269 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Saginaw 16-Unit Apartment Building

    This 10,432 square foot apartment building is a prime 16-unit complex situated on a corner lot, offering excellent visibility and parking. The property, located in Saginaw, MI, features a unit mix of 2 studios, 12 one-bedroom units, and 2 two-bedroom units. It has a strong rental history with 100% occupancy. The building includes updated systems, featuring a newer roof and separate utility meters. Tenants cover gas and electric. On-site laundry facilities provide added convenience. The property, zoned for multi-family and commercial use, sits on a 1.25-acre lot. This is a solid income-producing property with long-term upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Schust View Apts Apartment Building

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.94623
    Latitude
    43.472114

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    FAQs

    What type of property is this?
    Apartment building - Fully rented 16-unit apartment building with updated systems.
    Where is this apartment building located?
    The property is located at 1525 Schust Rd Saginaw, MI.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Fully Rented: 100% occupancy provides immediate income.; - Updated Systems: Newer roof and separate utility meters reduce maintenance concerns.; - Tenant-Paid Utilities: Tenants cover gas and electric, lowering owner expenses.
    (989) 921-7000
    Request Owner's contact information
    1525 Schust Rd Saginaw, MI 48604
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    Saginaw, MI 48604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1525 Schust Rd Saginaw, MI 48604
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