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2955 Whitfield Drive, Saginaw, MI, 48603
Brick Duplex with Garages

2955 Whitfield Drive Saginaw, MI 48603

New
For Sale
$259,900

MULTI_FAMILY - Ranch - Saginaw, MI

Property Size1,889 SF
Lot Size0.31 Acres
Price / SF$137.59
Days on Market4

Property Features for 2955 Whitfield Drive

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
Parking features
Driveway, Garage
Patio and Porch features
Patio
Interior features
Cable/Internet Avail.
Exterior features
Patio
Appliances
Range/Oven, Refrigerator
Standard status
Active
APN
23-12-4-15-1549-000
Size
1,889 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Annual Amount
4775

Utilities

Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1957
Floors in Building
1
Number of units
2
Architectural style
Ranch
Listing Agency: Century 21 Signature Realty
Listed By: Connie Reppuhn · License #6501253246
Added: Jul 23 Changed: Jul 24 Last Checked: Jul 26 at 1:06PM
MLS# 50215975

Copyright © 2026 Multiple Listing Service MiRealSource. 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.

This well-maintained brick duplex offers two separate residential units, each with 2 bedrooms and 1 full bathroom. Each unit includes an attached one-car garage and a private patio, supporting comfortable everyday living. The property also features a large, partially fenced backyard and an on-site storage shed for lawn and garden equipment.

Updates include separate water heater replacements completed in 2020 and 2024. The property is listed for sale as an income-focused residential duplex in Saginaw, MI.

The site sits on 0.31 acres and includes a total building size of 1,889 square feet. A 14-month home warranty is included at closing.

Key Highlights

  • Brick full duplex in Saginaw Township with two separate 2‑bedroom units and 1 full bathroom per unit
  • Each unit includes an attached one‑car garage and a private patio
  • Major updates: separate water heater replacements in 2020 and 2024

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 $17.2k $9.12
− Vacancy −$1.2k −$0.66
EGI $16.0k $8.46
− OpEx −$4.8k −$2.54
NOI $11.2k $5.92
1,889 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$159.9K
$139.9K – $186.5K (±1% cap)
NOI $11,191 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$151.9K
$132.9K – $177.2K (±1% cap)
NOI $10,630 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$349.0K
$305.4K – $407.2K (±1% cap)
NOI $24,430 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Restaurant Garden Center Law Firm Grocery & Convenience Store Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained brick duplex features two 2-bedroom units, attached one-car garages, and private patios.
Where is this duplex located?
The property is located at 2955 Whitfield Drive Saginaw, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Brick full duplex in Saginaw Township with two separate 2‑bedroom units and 1 full bathroom per unit; Each unit includes an attached one‑car garage and a private patio; Major updates: separate water heater replacements in 2020 and 2024
More about this property
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