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Duplex With Flexible Layout
New
For Sale
$890,000

345 Mary St, Saugatuck, MI 49453

Two independent living areas include separate laundry and covered front porches.

Property SizeContact for details
Days on Market6

Property Features for 345 Mary St

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,213

Building Details

Year Built 1861
Units 2
Listing Agency: Mill Pond Realty, Inc.
Listed By: Laura J Durham · License #6502136214
Source: Elliman
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 16 at 6:49PM

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 Mill Pond Realty, Inc.

Investment Insights

Based on property information with market context.

This 1861 duplex in Saugatuck contains two distinct living areas that can function independently or connect through double doors. One side includes one bedroom, one full bath, and laundry. The other provides three upstairs bedrooms and a full bath, plus a main-level living room, family room, dining room, kitchen, laundry, and half bath. Each side has its own covered front porch.

The property is located at 345 Mary St in a walkable part of Saugatuck, with downtown, the waterfront, shops, restaurants, marinas, and the high school within walking distance. The layout has most recently served as short-term rental space and also accommodates combined residential use, with future rental use subject to applicable City requirements. Walk Score is 63 and Bike Score is 50.

Key Highlights

  • Two separate living areas connected by double doors
  • One side offers 1 bedroom, 1 full bath, and laundry
  • Second side includes 3 upstairs bedrooms and extensive main‑level living space

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Locksmith (Bike/Boat/Book/etc) Store Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 49453, MI

2,950
Population
2,113
Households
1.4
Avg Household Size
53
Median Age
52%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
284
Density / Sq Mi
$101,250
Median Household Income
$49,970
Median Earnings
$766
Median Rent
$487,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two independent living areas include separate laundry and covered front porches.
Where is this duplex located?
The property is located at 345 Mary St Saugatuck, MI.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Two separate living areas connected by double doors; One side offers 1 bedroom, 1 full bath, and laundry; Second side includes 3 upstairs bedrooms and extensive main‑level living space
More about this property
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