3900 Bauer Drive, Saginaw, MI 48604
MULTI_FAMILY - Ranch - Saginaw, MI
- Added:
- Jul 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 8 at 5:06 pm
Property Features for 3900 Bauer Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- APN
- 11-12-4-12-2686-000
- Size
- 1,776 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4610
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Ranch
Listing agent Joe Harris License #6501247820 (989) 284-3375
Listing office EXP Realty 39555 Orchard Hill, MI (888) 501-7085
Listing date Jul 1, 2026
Copyright © 2026 Saginaw Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New roof (tear off) completed in 2024
- New water heaters installed in 2023
- Updated heating with forced air systems
- Public water source
- Ranch style home built in 1970
- Carrollton Schools
Overview
The property is located at 3900 Bauer Drive in Saginaw, Michigan. The remarks also reference Carrollton Schools.
For buyers, the current configuration provides a practical blend of income and occupancy, with one tenant in place described as strong and the second unit available as move-in ready. Recent improvements to the roof and key systems like water heaters and furnaces may help reduce near-term capital concerns associated with older multifamily properties.
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 | $16.2k | $9.12 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $15.0k | $8.46 |
| − OpEx | −$4.5k | −$2.54 |
| NOI | $10.5k | $5.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saginaw
- County
- Saginaw
- State
- Michigan
- Longitude
- -83.95481
- Latitude
- 43.463561
