Saginaw Township Duplex For
1525 Pius Saginaw, MI 48638
1525 Pius, Saginaw, MI, 48638
$180,000
For Sale
$180,000
Investment opportunity in Saginaw Township, close to amenities.
Property Size2,320 SF
Lot Size0.34 Acres
Price / SF$77.59
Days on Market298
Property Features for 1525 Pius
General Information
- Standard status
- Active
- Size
- 2,320 SF
- Lot size
- 0.34 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1978
Listing agency
Century 21 Signature Realty
(989) 921-7000
Listed by
Mark Greskowiak · License #6506036834
(989) 921-7000
Source
Kw
Added: Sep 27, 2025 Updated: Jul 6 at 10:21AM Checked: Jul 19 at 2:58AM
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 Century 21 Signature Realty
Investment Insights
Based on property information with market context.
This duplex in Saginaw Township offers an investment opportunity with a total of 2320 square feet. One unit features two bedrooms and one and a half bathrooms, including a large kitchen open to the dining room and living room with a fireplace. A partially finished basement provides ample storage. This unit also includes an attached two and a half car garage. The second unit has two bedrooms and one bathroom, with a galley kitchen open to the dining space and a large living room. A full basement offers extensive storage. This unit has a one and a half car garage. The property is situated in a convenient Saginaw Township location, within a short drive of groceries, shopping, and restaurants. It presents a potential investment opportunity or the option to occupy one unit while renting out the other.
Key Highlights
- Duplex offers investment opportunity or owner‑occupancy with rental income potential.
- Located in desirable Saginaw Township, close to amenities.
- One unit features 2 bedrooms, 1.5 bathrooms, fireplace, and a 2.5 car garage.
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 | $21.2k | $9.12 |
| − Vacancy | −$1.5k | −$0.66 |
| EGI | $19.6k | $8.46 |
| − OpEx | −$5.9k | −$2.54 |
| NOI | $13.7k | $5.92 |
2,320 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.3K
$171.8K – $229.1K
NOI $13,744 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$186.5K
$163.2K – $217.6K
NOI $13,055 @ 7.0% cap · market cap 7.25%
Theoretical Best
Specialty Retail
$428.6K
$375.1K – $500.1K
NOI $30,005 @ 7.0% cap · market cap 16.67%
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 - Investment opportunity in Saginaw Township, close to amenities.
Where is this duplex located?
The property is located at 1525 Pius Saginaw, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Duplex offers investment opportunity or owner‑occupancy with rental income potential.; Located in desirable Saginaw Township, close to amenities.; One unit features **2 bedrooms, 1.5 bathrooms, fireplace, and a 2.5 car garage.**