Brick Duplex with Fenced Yard

118 Trier Street Saginaw, MI 48602

Claim this Listing
For Sale
$144,900

MULTI_FAMILY - Ranch - Saginaw, MI

Type:Single Family Residence
Property size:
1,937 SF
Lot size:
0.21 Acres
Price / SF:
$74/SF
Added:
Jun 21, 2026
Days on Market:
22
Last Refresh:
Jul 12 at 2:06 pm

Property Features for 118 Trier Street

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 4, Basement, Bedroom 3, Bedroom 1
Interior features
Bay Window, Hardwood Floors
Exterior features
Fenced Yard
Fencing
Fenced
Fireplace
1
Appliances
Range/Oven, Refrigerator
Standard status
Active
APN
20 0711 00000
Size
1,937 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3045

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Architectural style
Ranch

Listing agent Diana Bay License #6506040025

Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI

Listing date Jun 21, 2026

MLS# 50212225

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.


Investment Insights

Based on property information with market context.

This brick ranch duplex offers two units with hardwood floors and a comfortable layout. Both units include fireplaces and full basements, which can provide storage and additional flexibility. Unit #118 is noted as having an updated kitchen and bath. The property also includes a fenced yard and a detached two-car garage, supporting practical day-to-day use for tenants or owner-occupants.

Located in the Adams Boulevard area of Saginaw, the home is described as being within walking distance of schools, parks, and restaurants. Access is supported by the on-site fenced yard and detached garage, with the duplex arrangement providing separate living options within one property.

This configuration can appeal to owner-occupant investors seeking an in-town duplex with basement space and a garage, while also fitting multi-generational living needs. The combination of two fireplaces, full basements, and the updated finishes in unit #118 can make the property straightforward to maintain and easier to rent or occupy as separate residences.

Key Highlights

  • Ranch duplex built in 1951 with hardwood floors in each unit
  • Fireplaces in both units plus full basements for extra storage or potential living space
  • Updated kitchen and bath on unit #118

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.7k $9.12
− Vacancy −$1.3k −$0.66
EGI $16.4k $8.46
− OpEx −$4.9k −$2.54
NOI $11.5k $5.92
1,937 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$163.9K
$143.4K – $191.3K (±1% cap)
NOI $11,475 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$155.7K
$136.3K – $181.7K (±1% cap)
NOI $10,900 @ 7.0% cap · market cap 7.52%
Theoretical Best
Specialty Retail
$357.9K
$313.1K – $417.5K (±1% cap)
NOI $25,051 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Gym & Fitness Center Restaurant HVAC Service Big Box & Wholesale Store Skin Care Clinic Cafe & Coffee Shop Building Supply Bakery

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

FAQs

What type of property is this?
Duplex - Ranch duplex features fireplaces, full basements, hardwood floors, and a fenced yard with detached two-car garage.
Where is this duplex located?
The property is located at 118 Trier Street Saginaw, MI.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Ranch duplex built in 1951 with hardwood floors in each unit; Fireplaces in both units plus full basements for extra storage or potential living space; Updated kitchen and bath on unit #118
Contact an agent
More about this property
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