Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11145 N Saginaw Mount Morris, MI 48458

    View on Map
    Claim this Listing
    Picture of Duplexes at 11145 N Saginaw, Mount Morris, MI
    For Sale
    Under Contract
    $85,000

    Multi-Family, 2 Story - Mount Morris, MI

    Property size:
    1,536 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $55/SF
    Added:
    Aug 5, 2025
    Days on Market:
    271
    Last Refresh:
    May 2 at 7:06 pm

    Property Features for 11145 N Saginaw

    General Information

    Property type
    Residential Multi Family
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Standard status
    Active Under Contract
    APN
    57-12-529-014
    Size
    1,536 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2000

    Utilities

    Heating system
    Forced Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Rob Moen
    Rob Moen

    Listing agent Rob Moen License #123169

    Listing office Keller Williams First 10785 S. Saginaw St Suite E, Grand Blanc, MI

    Listing date Aug 5, 2025

    MLS# 50184126 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Morris Multi-Family Property

    This is a two-unit multi-family property located in Mount Morris, Michigan. Each unit features 2 bedrooms and 1 full bathroom. The property has a total size of 1536 square feet and sits on a lot of 0.16 acres. Recent updates include vinyl floors, interior paint, kitchen cabinets, and appliances. All utilities are separately metered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6947797
    Latitude
    43.1134217

    Nearby Similar for Sale

    • $350,000
      1,700 SF

      Turn-Key Florist Shop Opportunity

      Established florist shop with real estate, equipment, and inventory.
      755 E Mount Morris Street, Mt. Morris, MI 48458
      View Details
    • $350,000
      1,700 SF

      Established Florist Shop with Real Estate

      Turn-key florist shop with real estate, equipment, and inventory.
      755 E Mount Morris Street, Mt. Morris, MI 48458
      View Details
    • $525,000

      Mount Morris Multifamily Investment

      Multifamily investment opportunity in Mount Morris, Michigan.
      7191 N Dort Highway, Mount Morris, MI 48458
      View Details
    • $99,900
      7,314 SF

      Downtown Mount Morris Commercial Property

      Commercial/Industrial property in downtown Mount Morris, being sold as-is.
      700 E Mount Morris, Mount Morris, MI 48458
      View Details
    • $199,900
      2,180 SF

      Remodeled Medical Office in Mt. Morris

      Remodeled 2,180 SF medical office space for sale.
      8434 N SAGINAW Road, Mt Morris City, MI 48458
      View Details
    • $199,900
      2,180 SF

      Mt. Morris Medical Office

      Remodeled medical office in high-traffic area near downtown.
      8434 N SAGINAW Road, Mt. Morris, MI 48458
      View Details
    • $220,900

      Mt. Morris Multifamily Investment

      Four-unit multifamily property in Mt. Morris, all units rented.
      11448 N Saginaw, Mount Morris, MI 48458
      View Details
    • Contact for pricing
      11,440 SF

      Retail Building on Saginaw Street

      11,440 SF retail building with ample parking.
      11801 N Saginaw St, Mount Morris, MI
      View Details
    • $169,000
      7,000 SF

      Mount Morris Retail Opportunity

      Retail space available for sale in Mount Morris, Michigan.
      7067 N Saginaw Rd, Mount Morris, MI 48458
      View Details
    • $1,202,500
      24,050 SF

      Retail Opportunity on N. Saginaw

      24,050 sq. ft. retail space on 2.27 acres.
      11972 N. Saginaw Street, Mount Morris, MI 48458
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property with updated interiors in Mount Morris, Michigan.
    Where is this duplex located?
    The property is located at 11145 N Saginaw Mount Morris, MI.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Two separate units, each with **2 bedrooms and 1 bathroom**, offering rental income potential or multi‑generational living.; All utilities are separately metered, simplifying billing and tenant management.; Recent updates including **vinyl floors, interior paint, kitchen cabinets, and appliances** enhance appeal and reduce immediate maintenance needs.
    (810) 691-0019
    We can help!
    Listing Contact
    Rob Moen
    Rob Moen
    Real Estate License ID: 123169
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    11145 N Saginaw, Mount Morris, MI 48458

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!