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Renovated Duplex
For Sale
$126,000

1015 S Webster Street, Saginaw, MI 48602

Two separately metered residences are leased and share garage storage.

Property SizeContact for details
Days on Market91

Property Features for 1015 S Webster Street

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Additional Details

Gross Income $23,400
Multifamily Units 2

Amenities

garage storage
Listing Agency: Mid-Mitten Realty
Listed By: Alyssa LaRose
Source: Charterpropertiesgr
Added: Jul 4 Changed: Sep 12 Last Checked: Oct 1 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-Mitten Realty

Investment Insights

Based on property information with market context.

Built in 1904, this duplex contains two residential units that are currently leased under separate one-year and two-year terms. Recent renovation work includes new flooring, windows, exterior doors, and a newer roof, along with refurbishment of the boiler.

Each unit has its own electrical service, while the garage provides storage for both residences. The property is located at 1015 S Webster St in Saginaw, with a Walk Score of 61 and a Bike Score of 53.

Key Highlights

  • Two‑unit duplex with one‑year and two‑year leases
  • Fully leased residential property
  • Recent updates include new flooring, windows, exterior doors, and a newer roof

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences are leased and share garage storage.
Where is this duplex located?
The property is located at 1015 S Webster Street Saginaw, MI.
What is the asking price?
The asking price for this property is $126,000.
What are key features of this property?
This property features: Two‑unit duplex with one‑year and two‑year leases; Fully leased residential property; Recent updates include new flooring, windows, exterior doors, and a newer roof
More about this property
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