For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ranch Duplex Income Property Title is generated by Realmo AI

    1306 Glen Road, Midland, MI 48640

    View on Map
    Claim this Listing
    New
    For Sale
    $220,000

    MULTI_FAMILY - Ranch - Midland, MI

    Type:Single Family Residence
    Property size:
    1,904 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $115/SF
    Added:
    Jul 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 6 at 2:06 pm

    Property Features for 1306 Glen Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bathroom 2
    Patio and Porch features
    Deck
    Interior features
    Cable/Internet Avail.
    Exterior features
    Deck
    Appliances
    Range/Oven, Refrigerator
    Standard status
    Active
    APN
    13-13-70-456
    Size
    1,904 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3418

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Yvonne Beck

    Listing agent Yvonne Beck

    Listing office Century 21 Signature Realty Midland 409 Ashman Suite #3, Saginaw, MI

    Listing date Jul 2, 2026

    MLS# 50213550

    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.

    HighLights

    • Ranch‑style duplex in Midland with both sides currently rented
    • Furnaces and central air units replaced in 2025 and 2026 on both sides
    • Metal roof, plus septic replaced in 2025 by connecting to the municipal sewer system
    • Each unit is a 2 bed, 1 bath with a full basement and washer/dryer hookups
    • Private deck off the back sliding patio door for each unit, overlooking a large backyard
    • Public water and forced‑air heating with central air and ceiling fans

    Overview

    This ranch-style duplex offers two separate two-bedroom, one-bath units, with each side including a full basement and washer and dryer hookup. Both units have private deck space accessed through a sliding patio door, overlooking a large backyard setting. Substantial upgrades have already been completed, including a metal roof and replacement of furnaces and air conditioning units on both sides during 2025 and 2026. The septic has also been replaced by connecting the property to the municipal sewer system in 2025.

    The property is located on Glen Road in Midland, Michigan, described as a quiet street close to M20 and local city amenities. The layout includes backyard space backed by woods, providing additional privacy from the rear decks.

    For buyers seeking a residential income property, the duplex is currently rented on both sides, which can appeal to an owner looking for an established setup. The presence of in-unit laundry hookups, basements for storage, and recent major system replacements may be beneficial for tenants and for day-to-day property management. The option to live in one side while renting the other is also supported by the unit-by-unit configuration.

    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 $19.4k $10.20
    − Vacancy −$1.4k −$0.73
    EGI $18.0k $9.47
    − OpEx −$5.4k −$2.84
    NOI $12.6k $6.63
    1,904 SF · lease $10.20/SF/yr · vacancy 7.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $180.2K
    $157.7K – $210.3K (±1% cap)
    NOI $12,616 @ 7.0% cap · market cap 5.73%
    Second Best
    Apartment 5plus
    $172.0K
    $150.5K – $200.7K (±1% cap)
    NOI $12,039 @ 7.0% cap · market cap 5.47%
    Theoretical Best
    Flex RnD
    $343.7K
    $300.7K – $400.9K (±1% cap)
    NOI $24,056 @ 7.0% cap · market cap 10.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Got a Mess? Waste Management Facility Wechter Music Studio Vocational School

    Suggested Use

    Law Firm Skin Care Clinic Accounting Firm Auto Parts Store Kitchen & Bath Showroom Discount Store Garden Center Veterinary Clinic Carpet & Flooring Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.308386
    Latitude
    43.620702

    FAQs

    What type of property is this?
    Duplex - Ranch-style duplex with two rented two-bedroom units, each with a private deck and full basement.
    Where is this duplex located?
    The property is located at 1306 Glen Road Midland, MI.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Ranch‑style duplex in Midland with both sides currently rented; Furnaces and central air units replaced in 2025 and 2026 on both sides; Metal roof, plus septic replaced in 2025 by connecting to the municipal sewer system
    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