Three-Unit Residential Income Property

515 N Harrison Street Saginaw, MI 48602

Claim this Listing
For Sale
$124,900

MULTI_FAMILY - Saginaw, MI

Property size:
2,556 SF
Lot size:
0.28 Acres
Price / SF:
$48/SF
Added:
May 25, 2026
Days on Market:
49
Last Refresh:
Jul 12 at 2:06 pm

Property Features for 515 N Harrison Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 1, Basement, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Patio and Porch features
Porch
Exterior features
Porch
Appliances
Range/Oven, Refrigerator
Standard status
Active
APN
15 0235 00000
Size
2,556 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2561

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1874
Floors in Building
2
Number of units
3

Listing agent Mark Greskowiak License #6506036834

Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI

Listing date May 25, 2026

MLS# 50208814

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This three-unit residential income property offers a shared front lobby/common entry area that supports convenient access to each home. Units 1 and 2 feature 1-bedroom, 1-bath layouts and are both occupied by long-term tenants. Unit 3 is the spacious upper unit and is currently vacant; it was most recently rented at $840 per month and includes 2 bedrooms, 1 bath, along with a generous living area. A new furnace was installed in 2020, providing an important mechanical update for the building.

The property is located at 515 N Harrison Street in Saginaw, Michigan (48602), situated on a 0.28-acre lot. With three separate units under one roof, the configuration supports an investor strategy focused on rental income, or an owner-occupant approach where one unit can be lived in while other units generate rent.

At the time of listing, Units 1 and 2 are reported at $770 and $750 per month, respectively. The combination of two occupied units and an available third unit can be useful for tenants seeking a manageable, multi-door layout, as well as for buyers evaluating a straightforward residential income property with a recent HVAC improvement.

Key Highlights

  • 3‑unit income property built in 1874 with a shared front lobby/common entry
  • Unit 1 rent $770/mo and Unit 2 rent $750/mo with two long‑term tenants in place
  • Unit 3 is vacant; most recently rented at $840/mo and features 2 bedrooms and 1 bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Electrical Service Parking Lot & Garage Accounting Firm Dental Office HVAC Service Kitchen & Bath Showroom Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Three-unit income property with a shared entry, two rented one-bedrooms, and an available upstairs two-bedroom unit.
Where is this triplex located?
The property is located at 515 N Harrison Street Saginaw, MI.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 3‑unit income property built in 1874 with a shared front lobby/common entry; Unit 1 rent $770/mo and Unit 2 rent $750/mo with two long‑term tenants in place; Unit 3 is vacant; most recently rented at $840/mo and features 2 bedrooms and 1 bath
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