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    924 Federal Ave Saginaw, MI 48607

    For Sale
    $275,000

    Multi-Family, 2 Story - Saginaw, MI

    Property size:
    3,752 SF
    Lot size:
    0.15 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 924 Federal Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    5
    APN
    90300017000000
    Patio and Porch features
    Porch
    Interior features
    Walk-In Closet
    Exterior features
    Laundry Facility, Street Lights, Pets-not Allowed, Private Entry, Wi-fi Available, Porch, Storms/Screens, Street Lights
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    3,752 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1879
    Floors in Building
    2
    Number of units
    5
    Building materials
    Brick
    Architectural style
    Other

    homecoin.com (888) 400-2513 [email protected]

    Listing agent Jonathan Minerick (888) 400-2513 License #6502431542

    Listing date Dec 5, 2025

    MLS# 50180043 Listing URL

    Copyright © 2025 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

    Rehabbed Multi-Unit Building Near Downtown

    This is a five-unit apartment building located on the outskirts of Downtown Saginaw. The property is situated within proximity to the city's Bus Station, Dow Event Center, Social Security Administration, East Side Soup Kitchen, and Premier Cannabis. The building comprises four one-bedroom units and one two-bedroom unit. The property was renovated less than two years ago. A new roof was installed in 2022, and a tankless water heater and two furnaces were replaced in 2023. Additional updates include new toilets, LED lighting, cabinets, and refrigerators. The property includes coin laundry, security cameras, and Ecobee thermostats. A maintenance man is in place. The owner is responsible for water and gas, while tenants are responsible for electric. The lot size is 0.15 acres, and the property size is 3752 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.93064
    Latitude
    43.430397

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building near downtown Saginaw, recently renovated.
    Where is this apartment building located?
    The property is located at 924 Federal Ave Saginaw, MI.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Rehabbed less than 2 years ago with newer roof (2022), tankless water heater (2023), and (2) furnaces (2023).; - Five-unit apartment building with a mix of (4) one-bedroom and (1) two-bedroom units.; - Located on the outskirts of Downtown Saginaw, near key locations like the Bus Station and Dow Event Center.
    (888) 400-2513
    Request Owner's contact information
    924 Federal Ave Saginaw, MI 48607
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    Saginaw, MI 48607
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    Realmo Value Estimation

    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.

    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.

    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
    924 Federal Ave Saginaw, MI 48607
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