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16-Unit Apartment Building Corner Lot
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1525 Schust, Saginaw, MI 48604

Corner-lot 16-unit building with studios, one- and two-bedroom units, laundry, and tenant-paid gas and electric.

Property SizeContact for details
Days on Market119

Property Features for 1525 Schust

General Information

Standard status Active
Property subtype Special Purpose
Occupancy 100%

Additional Details

Multifamily Units 16

Amenities

laundry facilities

Building Details

Tenancy Multi
Listing Agency: CENTURY 21 Signature Realty Saginaw
Listed By: Diana Bay · License #6506040025
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 22 at 2:58AM

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 Saginaw

Investment Insights

Based on property information with market context.

This 16-unit apartment building offers a unit mix of 2 studios, 12 one-bedroom units, and 2 two-bedroom units. The property is described as fully rented with 100% occupancy. Updates noted include a newer roof, and separate utility meters are in place. Tenants are responsible for gas and electric, and on-site laundry facilities are provided for resident convenience.

Located on a corner lot at 1525 Schust in Saginaw, MI, the building is described as having parking in front and strong visibility.

Key Highlights

  • Corner‑lot 16‑unit apartment building with parking in front
  • Unit mix: 2 studios, 12 one‑bedroom, and 2 two‑bedroom units
  • 100% occupancy with a strong rental history

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Kitchen & Bath Showroom Butcher Electrical Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 48604, MI

12,386
Population
4,603
Households
2.7
Avg Household Size
29
Median Age
24%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
471
Density / Sq Mi
$53,804
Median Household Income
$18,887
Median Earnings
$928
Median Rent
$93,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner-lot 16-unit building with studios, one- and two-bedroom units, laundry, and tenant-paid gas and electric.
Where is this apartment building located?
The property is located at 1525 Schust Saginaw, MI.
What are key features of this property?
This property features: Corner‑lot 16‑unit apartment building with parking in front; Unit mix: 2 studios, 12 one‑bedroom, and 2 two‑bedroom units; 100% occupancy with a strong rental history
(989) 798-7898 Call to check price and availability
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