Three-Unit Triplex with Common Entry

515 N Harrison St Saginaw, MI 48602

Claim this Listing
For Sale
$124,900

Triplex offers two occupied 1-bedroom units plus a vacant 2-bedroom upper unit, with a furnace update in 2020.

Type:Investment
Added:
Jun 1, 2026
Days on Market:
42
Last Refresh:
Jun 6 at 4:14 am

Property Features for 515 N Harrison St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1874

Listing office Century 21 Signature Realty

Listing date Jun 1, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Signature Realty


Investment Insights

Based on property information with market context.

This three-unit triplex is arranged with a shared front lobby/common entry area that provides a convenient point of access to all homes. Two lower units are both 1-bedroom, 1-bath layouts and are currently occupied by long-term tenants. The upper Unit 3 is a spacious 2-bedroom, 1-bath unit and is currently vacant. A new furnace was installed in 2020, supporting reliable year-round heating for the building.

Located at 515 N Harrison St in Saginaw, MI 48602, the property benefits from a walkable and bikeable area, with Walk Score reported at 61 and Bike Score reported at 53. The configuration and shared entry can simplify move-ins, maintenance coordination, and day-to-day operations across the three units.

For investors, the current setup provides rental income from the two occupied units while offering the opportunity to re-lease the vacant upper unit. For owner-occupants, the building’s three separate homes can support living in one unit while renting the others to help offset housing costs. The combination of in-place tenancy on Units 1 and 2 and the recent furnace update makes this a practical option for buyers looking for a manageable multi-unit property.

Key Highlights

  • 3‑unit triplex built in 1874 with a shared front lobby/common entry area
  • Two 1‑bedroom, 1‑bath units currently occupied: Unit 1 at $770/mo and Unit 2 at $750/mo
  • Upper Unit 3 is a vacant 2‑bedroom, 1‑bath unit; most recently rented at $840/mo

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 - Triplex offers two occupied 1-bedroom units plus a vacant 2-bedroom upper unit, with a furnace update in 2020.
Where is this triplex located?
The property is located at 515 N Harrison St 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 triplex built in 1874 with a shared front lobby/common entry area; Two 1‑bedroom, 1‑bath units currently occupied: Unit 1 at $770/mo and Unit 2 at $750/mo; Upper Unit 3 is a vacant 2‑bedroom, 1‑bath unit; most recently rented at $840/mo
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