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    Turn-Key Multifamily Investment Title is generated by Realmo AI

    16350 Oakley Road, Chesaning, MI 48616

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    For Sale
    $374,999

    MULTI_FAMILY - Chesaning, MI

    Property size:
    3,280 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $114/SF
    Added:
    Oct 27, 2025
    Days on Market:
    228
    Last Refresh:
    Jun 11 at 2:06 am

    Property Features for 16350 Oakley Road

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    3274

    Utilities

    Heating system
    Oil
    Water source
    Private

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    5

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    Listing Contact
    Kris Delaney
    Kris Delaney

    Listing agent Kris Delaney License #6501368129

    Listing office Keller Williams First 650 Purdy Lane, Grand Blanc, MI

    Listing date Oct 27, 2025

    MLS# 50192709 Listing URL

    Copyright © 2026 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.

    HighLights

    • 5‑unit investment property on 3.5 acres
    • Unit mix: four 1‑bedroom units and one 2‑bedroom unit
    • Tenants pay electric; owner pays gas and garbage
    • Metal room approximately 8 years old with vinyl siding
    • Heating: oil; appliances include range/oven and refrigerator
    • Water source: private

    Overview

    This turn-key multifamily investment includes five units on a 3.5-acre lot. The property is described as having a metal roof approximately eight years old and vinyl siding. The unit mix consists of four one-bedroom units and one two-bedroom unit. Tenant-paid utilities include electric, while the owner pays gas and garbage.

    The property is located at 16350 Oakley Road in Chesaning, Michigan, in the Chesaning school area. The offering is noted as being about 15 minutes north of Owosso.

    For buyers looking for a straightforward residential income setup, the configuration provides multiple one-bedroom units along with a single two-bedroom unit within the same building footprint. With utility responsibilities already separated between tenants and the owner for electric versus gas and garbage, the property’s operating profile is aligned with a hands-on or managed ownership approach. The combination of relatively recent roofing and vinyl exterior siding may also appeal to tenants and operators seeking reduced near-term exterior component risk.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Bar & Pub Grocery & Convenience Store Bed & Breakfast Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesaning
    County
    Saginaw
    State
    Michigan
    Longitude
    -84.169854
    Latitude
    43.181369

    FAQs

    What type of property is this?
    Apartment building - 5-unit property with newer metal roofing and vinyl siding, with tenants responsible for electric utilities.
    Where is this apartment building located?
    The property is located at 16350 Oakley Road Chesaning, MI.
    What is the asking price?
    The asking price for this property is $374,999.
    What are key features of this property?
    This property features: 5‑unit investment property on 3.5 acres; Unit mix: four 1‑bedroom units and one 2‑bedroom unit; Tenants pay electric; owner pays gas and garbage
    More about this property
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