548 Shattuck Road

11,840 Sq. Ft.
$68 / Sq. Ft.
11,840
Sq. Ft.
$68
per Sq. Ft.

Description

Fully stabilized mixed-use investment offering strong in-place cash flow, zero vacancy risk in core components, and immediate upside through commercial lease-up. NOI: $115,860 Gross Income: $154,560 Expenses: $38,700 Cap Rate: ~14.5% Residential 8 Units – 100% occupied with stable income. Warehouse 8,000 SF – 100% occupied. Below-market rents. Commercial Space 3,000+ SF vacant. Value-add lease-up opportunity. Permitted Uses: Retail store, convenience store, grocery store, restaurant, café, coffee...Fully stabilized mixed-use investment offering strong in-place cash flow, zero vacancy risk in core components, and immediate upside through commercial lease-up. NOI: $115,860 Gross Income: $154,560 Expenses: $38,700 Cap Rate: ~14.5% Residential 8 Units – 100% occupied with stable income. Warehouse 8,000 SF – 100% occupied. Below-market rents. Commercial Space 3,000+ SF vacant. Value-add lease-up opportunity. Permitted Uses: Retail store, convenience store, grocery store, restaurant, café, coffee shop, bakery, barbershop, hair salon, nail salon, spa, massage therapy, medical office, dental office, chiropractic clinic, physical therapy clinic, pharmacy, insurance office, real estate office, law office, accounting office, professional office, coworking space, daycare center, tutoring center, fitness studio, gym, yoga studio, martial arts, ETC. Additional Income Coin-operated washer & dryer generating approximately $200/month ($2,400/year). Upside Potential: Lease commercial space, increase warehouse rents, unit conversions. $40K+ additional income potential. High cash-flow asset with immediate income and strong upside. Priced for fast sale.
  1. Listed by Paul Burback • The Miller Group
    P: (989)-751-7288 C: (989)-751-7288 pburba01@gmail.com

Property Details for 548 Shattuck Road

Architectural Style
Quad-Level
Subdivision Name
Ely Para
Waterfront
No
LISTING UPDATED: 05/12/2026 10:39 AM

Property Details for 548 Shattuck Road

StatusActive
MLS #50134192
Days on Market746
Taxes$9,755 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1972
Lot Size1.47 AC / 64,033 SF
CountySaginaw County

Location

Listing Courtesy of The Miller Group
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Building Information for 548 Shattuck Road

Stories-Residences8Year Built1972Building Size-Lot Size1.47 AC / 64,033 SF

Payment Calculator

$4,799 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,986

Property Taxes

$813

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 548 Shattuck Road

Summary
Location and General Information
  • Latitude: 43.451035
  • Longitude: -83.948129
  • MLS Area Major: Carrollton Twp (73008)
  • Township: Carrollton Township
Taxes and HOA
  • Parcel Number: 11-12-4-12-3003-0000
  • Tax Annual Amount: $9,755.39
  • Tax Year: 2023
Parking
  • Garage Spaces: 10.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Acres: 1.47
Property and Assessments
  • Above Grade Finished Area: 11840.0
  • Building Area Total: 11840.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Raw Mls Bathrooms Total: 12.0
  • Raw Mls Lot Size: 232x295
  • Raw Mls Modification Timestamp: 05-05-2026 03:41:51 PM
  • Raw Mls Photos Change Timestamp: 02-23-2024 11:55:27 AM
  • Raw Mls Photos Count: 31
  • Raw Mls Property Sub Type: Multi-Family
  • Year Built: 1972
Utilities
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Half: 8
  • Bathrooms Total Integer: 16
  • Bedrooms Total: 15
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 8

Property History for 548 Shattuck Road

DateEvent & SourcePriceAppreciation
May 5, 2026

Price Change

MiRealSource #50134192

$799,900
Feb 23, 2024

Listed (Active)

MiRealSource #50134192

$949,000
Jun 27, 2019

Sold (Public Record)

Public Record #655547168

$248,000

+29.4% / yr

DateEvent & SourcePrice
05/05/2026

Price Change

MiRealSource #50134192

$799,900
02/23/2024

Listed (Active)

MiRealSource #50134192

$949,000
06/27/2019

Sold (Public Record)

Public Record #655547168

$248,000

+29.4% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 548 Shattuck Road

Taxable ValueLand-Additions-Total-
Tax Record2024$10,430 ($869 / month)
Home Facts
Total Finished SqFt19,840 SqFtAbove Grade Finished SqFt19,840 SqFtStories1Lot Size64,033 SqFtStyleMiscellaneous CommercialYear Built1972CountySAGINAWAPN11-12-4-12-3003-000

Schools near 548 Shattuck Road

This home is within Carrollton Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carrollton Elementary School
PublicPK to 5

Carrollton Middle School
Public6 to 8

Carrollton High School
Public9 to 12

Omni High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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548 Shattuck Road is a multi-family home for sale in Saginaw, MI 48604. This property was listed for sale on February 23, 2024 by The Miller Group, it's currently listed at $799,900. It has been on the market for a total of 746 days and was last sold on June 27, 2019. This listing's school district is Carrollton Public Schools. Nearby schools include Carrollton Elementary School, Carrollton Middle School and Carrollton High School. 548 Shattuck Road is a 15-bed, 16-bath, 11,840 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Miller Group

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