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Occupied Triplex
New
For Sale
$114,900

407 S Porter Street, Saginaw, MI 48602

MULTIFAMILY, Saginaw, MI

Property Size2,610 SF
Lot Size0.13 Acres
Price / SF$44.02
Days on Market3

Property Features for 407 S Porter Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 4
Patio and Porch features Porch
Exterior features Porch, Sidewalks
Elementary school district Saginaw City School District
Middle school district Saginaw City School District
High school district Saginaw City School District
Subdivision Saginaw (73039)
Standard status Active
APN 17-0342-00000
Size 2,610 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 2335

Utilities

Heating system Forced Air
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1874
Floors in Building 2
Number of units 3
Listing Agency: Berkshire Hathaway HomeServices
Listed By: Linda Sarmiento · License #SBR-6501278470
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 10 at 1:06PM
MLS# 50224272

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 2,610-square-foot triplex, built in 1874, contains three occupied units on a 0.13-acre parcel. Two residences have one bedroom and one bathroom each; the third offers two bedrooms and one bathroom. Each unit has a kitchen and laundry, and two have basement access. The one-bedroom unit on the first floor may be reconfigured to add a bedroom.

Located on S Porter Street in Saginaw’s west side, the property includes a porch and sidewalks. Heating is forced air, and cooling is provided by window units. Utility meters are separate except for water and sewer. Tenants handle lawn care, snow removal, gas, and electricity; the landlord pays water and sewer.

Key Highlights

  • Three occupied units in a 2,610‑square‑foot building
  • Unit mix includes two one‑bedroom residences and one two‑bedroom residence
  • One first‑floor one‑bedroom unit could be converted to a two‑bedroom layout

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Big Box & Wholesale Store Computer & Electronic Repair

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - The three residences have separate utility meters, with water and sewer service shared across the property.
Where is this triplex located?
The property is located at 407 S Porter Street Saginaw, MI.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Three occupied units in a 2,610‑square‑foot building; Unit mix includes two one‑bedroom residences and one two‑bedroom residence; One first‑floor one‑bedroom unit could be converted to a two‑bedroom layout
More about this property
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