Brick Duplex with Two-Car
120 Graham Street Saginaw, MI 48602
120 Graham Street, Saginaw, MI, 48602
$155,000
For Sale
Under Contract
$155,000
MULTI_FAMILY - Saginaw, MI
Property Size1,798 SF
Lot Size0.14 Acres
Price / SF$86.21
Days on Market127
Property Features for 120 Graham Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Basement, Bedroom 1, Bathroom 2
- Standard status
- Active Under Contract
- APN
- 20 0761 00000
- Size
- 1,798 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2520
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Keller Williams Preferred
(989) 792-8200
4177 Fashion Square Blvd., Saginaw, MI
Listed by
Sabrina Hines · License #SBR-6501407105
(989) 574-7075
Added: Mar 16 Updated: Jul 20 at 10:52 am Checked: Jul 20 at 2:06 pm
MLS# 50201748
Listing URL
Copyright © 2026 Saginaw Board of Realtors MLS. 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.
Well maintained brick duplex with two residential units totaling four bedrooms and 2.5 bathrooms. The property provides over 1,798 square feet of living space and includes a two-car garage. Both units are currently tenant occupied.
Located in Saginaw, just off Adam Blvd, in a quiet, established neighborhood.
The duplex is configured for comfortable, natural-light-filled living with individual layouts in each unit, offering immediate income through current occupancy.
Located in Saginaw, just off Adam Blvd, in a quiet, established neighborhood.
The duplex is configured for comfortable, natural-light-filled living with individual layouts in each unit, offering immediate income through current occupancy.
Key Highlights
- Well‑maintained brick duplex built in 1943 in an established neighborhood just off Adam Blvd
- 4 total bedrooms and 2.5 bathrooms across the two units with over 1,798 sq ft of living space
- Each unit is currently tenant occupied, providing immediate rental income
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 | $16.4k | $9.12 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $15.2k | $8.46 |
| − OpEx | −$4.6k | −$2.54 |
| NOI | $10.7k | $5.92 |
1,798 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$152.2K
$133.2K – $177.5K
NOI $10,652 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$144.5K
$126.5K – $168.6K
NOI $10,118 @ 7.0% cap · market cap 6.53%
Theoretical Best
Specialty Retail
$332.2K
$290.7K – $387.6K
NOI $23,254 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well maintained brick duplex offers two units with a total of four bedrooms, 2.5 baths, and a two-car garage.
Where is this duplex located?
The property is located at 120 Graham Street Saginaw, MI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Well‑maintained brick duplex built in 1943 in an established neighborhood just off Adam Blvd; 4 total bedrooms and 2.5 bathrooms across the two units with over 1,798 sq ft of living space; Each unit is currently tenant occupied, providing immediate rental income
