Land for Sale - 1516 Ward Street, Saginaw, MI 48601 - 0.19 acres

🏘️ Buildable Multi-Family Lot | $5,750 Cash or $250/Month

1516 Ward Street, Saginaw, MI | Lat/Lng:  43.4156, -83.9323

$5,750
0.19 ac.
07/20/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Rare opportunity to secure an MU-1 zoned infill lot in Saginaw with approved potential to build up to four (4) units. Ideal for investors, builders, or developers looking for an affordable multi-unit or mixed-use project. This lot is priced to sell at just $5,750, with seller financing available. Only $500 down and $250 per month — making it easy to move forward without bank delays. Property Details - Parcel Type: Vacant Land - Lot Size: ~0.19 acres - Zoning: MU-1 (Mixed Use) - Allows residential, multi-family (up to 4 units), or mixed-use development — buyer to verify - Road Access: Paved street frontage - Utilities: Water, sewer, and electric available at the street - HOA: None - Taxes: ~$75 annually (very low holding cost) - Ownership: Free & clear — ready for immediate transfer Development Potential - Build up to 4 residential units - Ideal for duplexes, triplexes, or quadplex development - Long-term rental or resale opportunity - Strong infill location with surrounding development Pricing & Financing - Cash Price: $5,750 - Seller Financing: $500 Down • $250/Month for 24 Months Ask About Flexible Financing Terms to Fit Your Budget! - No banks - No credit check - Simple purchase agreement - Fast, straightforward closing Location Highlights - Established neighborhood in Saginaw - Close to downtown, employment centers, and local amenities - Easy access to main roads, public transit, and services - Strong demand for affordable multi-unit housing in the area Investor Math That Makes Sense * 4 units × modest rents = multiple income streams * Lower acquisition cost means: * Easier financing * Better DSCR * Higher ROI Whether you’re: * A small multifamily builder * A buy-and-hold investor * Or a house-hacker planning a 4-plex …this lot gives you **options without overpaying**. Why Buy Now - Affordable MU-zoned land with multi-unit potential is getting harder to find — especially with seller financing. This property offers flexibility, upside, and a low barrier to entry for serious buyers. Act now — opportunities like this don’t last. - Message today for parcel details, zoning info, or to secure this lot.

Details

CountySaginaw
Zipcode48601
Property Type OneResidential Property
Property Type TwoUndeveloped Land
BrokerageGhrael Enterprises LLC
Brokerage Linkhttps://land.com
Land Listing Agent Photo
Latisha Ghrael
Ghrael Enterprises LLC
(646) 627-0571
By clicking the button, you agree to our Terms of Use and Privacy Policy.
$ image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xmlimage/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml image/svg+xml $image/svg+xmlimage/svg+xmlimage/svg+xml image/svg+xml image/svg+xml