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    Duplex with Attached Garage

    3072 Silverwood Drive Saginaw, MI 48603

    New
    3072 Silverwood Drive, Saginaw, MI, 48603
    $284,900
    For Sale
    Claim this Listing
    $284,900

    MULTI_FAMILY - Saginaw, MI

    Property Size2,592 SF
    Lot Size0.31 Acres
    Price / SF$109.92
    AddedJul 13
    Days on Market2
    Last RefreshJul 14 at 7:06 pm

    Property Features for 3072 Silverwood Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Basement, Bedroom 3
    Standard status
    Active
    APN
    23-12-4-10-3005-105
    Size
    2,592 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7048

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    2

    Listing agent Kelly Wolf License #SBR-6501410418

    Listing office Berkshire Hathaway HomeServices 2825 Bay Rd Suite 400, Grand Blanc, MI

    Listing date Jul 13, 2026

    MLS# 50214642

    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 duplex includes two spacious residential units, each with 2 bedrooms and 2 full bathrooms. Both units have main-floor laundry, and each unit is supported by a full basement that includes an egress window. A covered patio and an attached 2-car garage are also part of the property.

    The listing is located at 3072 Silverwood Drive in Saginaw, MI 48603 within Saginaw Township.

    For ownership and day-to-day management, the units have separate utilities, providing a straightforward setup for residents and operators.

    Key Highlights

    • Duplex built in 2001 with 2 units, each with 2 bedrooms and 2 full bathrooms
    • Main floor laundry and separate utilities for each unit
    • Full basement per duplex with an egress window

    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 $23.6k $9.12
    − Vacancy −$1.7k −$0.66
    EGI $21.9k $8.46
    − OpEx −$6.6k −$2.54
    NOI $15.4k $5.92
    2,592 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $219.4K
    $192.0K – $255.9K (±1% cap)
    NOI $15,356 @ 7.0% cap · market cap 5.39%
    Second Best
    Apartment 5plus
    $208.4K
    $182.3K – $243.1K (±1% cap)
    NOI $14,586 @ 7.0% cap · market cap 5.12%
    Theoretical Best
    Specialty Retail
    $478.9K
    $419.0K – $558.7K (±1% cap)
    NOI $33,522 @ 7.0% cap · market cap 11.77%
    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

    Law Firm Restaurant Dental Office Nail Salon Gym & Fitness Center Hair Salon Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center

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

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    FAQs

    What type of property is this?
    Duplex - Duplex offering two 2-bedroom, 2-bath units with main-floor laundry, basements with egress, and separate utilities.
    Where is this duplex located?
    The property is located at 3072 Silverwood Drive Saginaw, MI.
    What is the asking price?
    The asking price for this property is $284,900.
    What are key features of this property?
    This property features: Duplex built in 2001 with 2 units, each with 2 bedrooms and 2 full bathrooms; Main floor laundry and separate utilities for each unit; Full basement per duplex with an egress window
    Contact an agent
    (989) 928-3986
    We can help!
    Contact an agent
    Kelly Wolf
    Kelly Wolf
    Real Estate License ID: SBR-6501410418
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