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Triplex With Attached Garages
New
For Sale
$419,900

516 E Savidge Street, Spring Lake, MI 49456

Multi Family, Spring Lake, MI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market2

Property Features for 516 E Savidge Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Basement, Bedroom 3, Bathroom 2, Bathroom 3
Parking 3
Basement Full
Elementary school district Spring Lake
Middle school district Spring Lake
High school district Spring Lake
Standard status Active
APN 70-03-15-480-006
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 2 BLK 1 ALOYS BILZ'S ADD TO VILLAGE OF SPRING LAKE
Tax Annual Amount 4940
Legal Description LOT 2 BLK 1 ALOYS BILZ'S ADD TO VILLAGE OF SPRING LAKE

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Amenities

four season room
shared coin-operated laundry
central air
well for lawn sprinkling
storage shed

Building Details

Year built 1969
Number of units 3
Listing Agency: Greenridge - Nexes
Listed By: William E Carlston · License #6506021186
Added: Aug 28 Last Checked: Aug 29 at 4:06PM
MLS# 26045747

Copyright © 2026 Michigan Regional Information Center, LLC. 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 3-unit property, built in 1969, includes two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each apartment has a separate living area, full kitchen, and storage. Units A and B add enclosed four-season rooms, while Units A and B also include laundry chutes. Shared coin-operated laundry is located in the basement.

Every unit has its own attached garage with an opener and direct entry to the corresponding apartment. The property also features Masonite siding, replacement windows, central air, forced-air heat, a well for lawn sprinkling, and one storage shed. Public sewer and natural gas availability serve the property.

Set on 0.21 acres in Spring Lake, the property is near shopping, a bike trail, Spring Lake, and highway access. It is within the Spring Lake School District and may accommodate investment ownership or multigenerational living.

Key Highlights

  • Three‑unit layout with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Private attached garage with opener and direct unit access for each apartment
  • Units A and B include enclosed four‑season rooms and laundry chutes

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop Garden Center

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 49456, MI

19,727
Population
9,776
Households
2
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
780
Density / Sq Mi
$85,807
Median Household Income
$50,887
Median Earnings
$1,184
Median Rent
$294,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three separate units offer private living areas, full kitchens, storage, and shared basement laundry facilities.
Where is this triplex located?
The property is located at 516 E Savidge Street Spring Lake, MI.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Three‑unit layout with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Private attached garage with opener and direct unit access for each apartment; Units A and B include enclosed four‑season rooms and laundry chutes
More about this property
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