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Updated Duplex with New Roof

3900 Bauer Drive Saginaw, MI 48604

Claim this Listing
Pending
$169,900

MULTI_FAMILY - Ranch - Saginaw, MI

Type:Single Family Residence
Property size:
1,776 SF
Lot size:
0.18 Acres
Added:
Jul 1, 2026
Days on Market:
14
Last Refresh:
Jul 14 at 1:06 am

Property Features for 3900 Bauer Drive

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
Appliances
Range/Oven, Refrigerator
Standard status
Pending
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

Listing office EXP Realty 39555 Orchard Hill, MI

Listing date Jul 1, 2026

MLS# 50213528 Listing URL

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.


Investment Insights

Based on property information with market context.

This updated duplex offers two residential units, with one strong tenant in place and the other side move-in ready. Updates include a new roof (tear-off) completed in 2024, new water heaters installed in 2023, and newer furnaces. The property has been updated on both sides.

The home is located in Saginaw, Michigan, on Bauer Drive. The public remarks also note it is served by Carrollton Schools.

Key Highlights

  • Updated with a new roof (tear‑off) in 2024
  • New water heaters installed in 2023
  • Newer forced‑air furnaces

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
1,776 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$150.3K
$131.5K – $175.4K (±1% cap)
NOI $10,522 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$142.8K
$124.9K – $166.6K (±1% cap)
NOI $9,994 @ 7.0% cap · market cap 5.88%
Theoretical Best
Specialty Retail
$328.1K
$287.1K – $382.8K (±1% cap)
NOI $22,969 @ 7.0% cap · market cap 13.52%
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

Nail Salon Auto Parts Store HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Pharmacy Kitchen & Bath Showroom Accounting Firm

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

FAQs

What type of property is this?
Duplex - Updated duplex with one move-in-ready side and a new 2024 roof (tear-off).
Where is this duplex located?
The property is located at 3900 Bauer Drive 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: Updated with a new roof (tear‑off) in 2024; New water heaters installed in 2023; Newer forced‑air furnaces
Contact an agent
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