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Saginaw Duplex Investment Opportunity
For Sale
$34,000
Pending

2219 S Michigan Ave, Saginaw, MI 48602

Duplex in Saginaw with immediate rental income potential.

Property Size1,226 SF
Lot Size0.12 Acres
Days on Market165

Property Features for 2219 S Michigan Ave

General Information

Standard status Pending
Size 1,226 SF
Lot size 0.12 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,453

Building Details

Building Size 1,226 SF
Year Built 1918
Units 2
Listing Agency:
Listed By: Nicholle Houghtaling
Source: Elliman
Added: Mar 10 Changed: Aug 11 Last Checked: Aug 11 at 12:40PM

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 Nicholle Houghtaling

Investment Insights

Based on property information with market context.

This duplex in Saginaw presents an investment opportunity. The property features two units. The lower unit is a 2-bedroom, 1-bathroom apartment with basement access and is currently occupied by a long-term tenant of 20 years, providing immediate rental income. The upper unit is a 1-bedroom, 1-bath apartment with a large living room and requires rehabilitation. This property offers flexibility and value.

Key Highlights

  • Immediate rental income from long‑term tenant in lower unit.
  • Duplex offers flexibility for investment or owner‑occupancy.
  • Lower unit has 2 bedrooms and basement access.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Parking Lot & Garage Spa & Massage Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

179
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Duplex in Saginaw with immediate rental income potential.
Where is this duplex located?
The property is located at 2219 S Michigan Ave Saginaw, MI.
What is the asking price?
The asking price for this property is $34,000.
What are key features of this property?
This property features: Immediate rental income from long‑term tenant in lower unit.; Duplex offers flexibility for investment or owner‑occupancy.; Lower unit has 2 bedrooms and basement access.
More about this property
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