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    16350 Oakley Rd Chesaning, MI 48616

    For Sale
    $399,999

    Multi-Family - Chesaning, MI

    Property size:
    3,280 SF
    Lot size:
    3.50 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 16350 Oakley Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    5
    APN
    07092131006000
    Appliances
    Range, Refrigerator
    Size
    3,280 SF
    Lot size
    3.50 Acres

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    5
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Keller Williams First (810) 515-1503

    Listing agent Kris Delaney (517) 625-4663 License #6501368129

    Listing date Nov 20, 2025

    MLS# 50192709 Listing URL

    Copyright © 2025 Greater Shiawassee Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chesaning Multi-Family Investment Property

    This turnkey investment property features five units situated on 3.5 acres. Located 15 minutes north of Owosso, the property is within the Chesaning school district. The building has a metal roof that is approximately 8 years old and vinyl siding. The unit mix includes four one-bedroom units and one two-bedroom unit. Tenants are responsible for paying their electric bills. The owner covers the costs of gas and garbage services. The property is located in Chesaning, Saginaw County, Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Bar & Pub Convenience Store Bed & Breakfast Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesaning
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.168969
    Latitude
    43.18165

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    FAQs

    What type of property is this?
    Apartment building - Turnkey investment: 5 units on 3.5 acres near Owosso.
    Where is this apartment building located?
    The property is located at 16350 Oakley Rd Chesaning, MI.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: - Turnkey investment property ready for its next owner.; - 5 units on 3.5 acres, offering ample space.; - Features 4 one-bedroom units and 1 two-bedroom unit.
    (517) 625-4663
    Request Owner's contact information
    16350 Oakley Rd Chesaning, MI 48616
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    Chesaning, MI 48616
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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
    16350 Oakley Rd Chesaning, MI 48616
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