Turnkey Duplex with Detached Garage

1404 Monroe St, Saginaw, MI 48602

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For Sale

$89,900

Well-maintained duplex with long-term tenants, basement laundry hookups, and a detached one-car garage.

Type:Investment

Property size:

1,700 SF

Price / SF:

$52/SF

Listing Contact

Howard D Ebenhoeh

Real Estate License ID: SBR-6501372204

HighLights

Duplex built in 1894 with over 1,700 SF, offering 4 bedrooms and 3 bathrooms total
Current rental income of $1,550 per month with both tenants in place for more than five years
Tenants are on month‑to‑month leases, with the property providing flexibility for future ownership plans
Basement includes laundry hookups
Detached one‑car garage included
Recent improvements include approximately half the plumbing updated within the last three years

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For Sale

$89,900

Well-maintained duplex with long-term tenants, basement laundry hookups, and a detached one-car garage.

Type:Investment

Property size:

1,700 SF

Price / SF:

$52/SF

Added:: Jun 3, 2026
Days on Market:: 9
Last Refresh:: Jun 6 at 4:37 am

Property Features for 1404 Monroe St

General Information

Standard status: Active
Size: 1,700 SF
Property subtype: Investment

Building Details

Year Built: 1894

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Listing Contact

Howard D Ebenhoeh

Listing agent Howard D Ebenhoeh License #SBR-6501372204

Listing office

Listing date Jun 3, 2026

Source Elliman

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 Howard D Ebenhoeh

HighLights

Duplex built in 1894 with over 1,700 SF, offering 4 bedrooms and 3 bathrooms total
Current rental income of $1,550 per month with both tenants in place for more than five years
Tenants are on month‑to‑month leases, with the property providing flexibility for future ownership plans
Basement includes laundry hookups
Detached one‑car garage included
Recent improvements include approximately half the plumbing updated within the last three years

Overview

This turnkey duplex is configured as two separate residential units and totals over 1,700 square feet of living space. The property includes 4 bedrooms and 3 bathrooms across the units, along with a basement that has laundry hookups. A detached one-car garage provides additional off-street parking or storage. Recent updates include approximately half of the plumbing being updated within the last three years, supporting a more manageable maintenance profile for a new owner.

The duplex is currently occupied by tenants who have lived there for more than five years. Both leases are on a month-to-month basis, offering flexibility for future ownership plans. The current rental income is reported at $1,550 per month. Operationally, tenants pay for their own heat, electricity, and snow removal, while the landlord covers water and lawn maintenance.

For investors or first-time buyers seeking an income-producing property, this duplex combines established occupancy with practical expense allocations. Its residential income configuration, maintained interiors with recent plumbing work, and existing tenant placement can help reduce immediate leasing effort while you plan your next steps.

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Local Demand

City: Saginaw
County: Saginaw
State: Michigan
Longitude: -83.966385
Latitude: 43.42666

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For sale
Duplexes
MI
Saginaw
48602
1404 Monroe St

What type of property is this?

Duplex - Well-maintained duplex with long-term tenants, basement laundry hookups, and a detached one-car garage.

Where is this duplex located?

The property is located at 1404 Monroe St Saginaw, MI.

What is the asking price?

The asking price for this property is $89,900.

What are key features of this property?

This property features: Duplex built in 1894 with over 1,700 SF, offering 4 bedrooms and 3 bathrooms total; Current rental income of $1,550 per month with both tenants in place for more than five years; Tenants are on month‑to‑month leases, with the property providing flexibility for future ownership plans