Completely Remodeled
New
For Sale
$169,900
2219 Marshall Ct, Saginaw, MI 48602
Completely remodeled Saginaw duplex with two 2-bedroom, 1-bath units and major updates completed within the last 10 years.
Days on Market6
Property Features for 2219 Marshall Ct
General Information
Standard status
Active
Property subtype
Investment
Building Details
Building Size
1,984 SF
Year Built
1948
Listing Agency:
Century 21 Signature Realty
(989) 859-9435
Listed By:
Marie Glinski · License #6501354056
(989) 859-9435
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Aug 1 at 1:01PM
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.
Completely remodeled duplex located at 2219 Marshall Ct. The property includes two units, each with a spacious living area, two bedrooms, and one bathroom. Major updates within the last 10 years include drywall (down to the studs), plumbing, windows, two hot water heaters, two furnaces, and updated kitchens and bathrooms.
Built in 1948, the duplex offers a flexible setup for both rental and owner-occupant scenarios, including the option to move into one unit while renting the other.
BikeScore is 54 and WalkScore is 54, each indicating a somewhat walkable and bikeable area.
Built in 1948, the duplex offers a flexible setup for both rental and owner-occupant scenarios, including the option to move into one unit while renting the other.
BikeScore is 54 and WalkScore is 54, each indicating a somewhat walkable and bikeable area.
Key Highlights
- Two‑unit duplex at 2219 Marshall Ct in Saginaw, MI
- Each unit features a spacious living area, two bedrooms, and one bathroom
- Major remodel within the last 10 years including drywall down to the studs
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 | $18.1k | $9.12 |
| − Vacancy | −$1.3k | −$0.66 |
| EGI | $16.8k | $8.46 |
| − OpEx | −$5.0k | −$2.54 |
| NOI | $11.8k | $5.92 |
1,984 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$167.9K
$146.9K – $195.9K
NOI $11,754 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$159.5K
$139.6K – $186.1K
NOI $11,165 @ 7.0% cap · market cap 6.57%
Theoretical Best
Specialty Retail
$366.6K
$320.7K – $427.7K
NOI $25,659 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Completely remodeled Saginaw duplex with two 2-bedroom, 1-bath units and major updates completed within the last 10 years.
Where is this duplex located?
The property is located at 2219 Marshall Ct Saginaw, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two‑unit duplex at 2219 Marshall Ct in Saginaw, MI; Each unit features a spacious living area, two bedrooms, and one bathroom; Major remodel within the last 10 years including drywall down to the studs
