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Occupied 3-Unit Triplex
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 Market21

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 Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Basement
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

Additional Details

Tenant in Place Yes
Individually Metered Utilities gas, electricity

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
Added: Oct 8 Changed: Oct 28 Last Checked: Oct 28 at 8:06PM
MLS# 50224272

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,610-square-foot triplex on a 0.13-acre parcel contains three occupied apartments. Two units have one bedroom and one bathroom each; the remaining apartment offers two bedrooms and one bathroom. Each residence has laundry facilities, and two units have basement access. The building dates to 1874 and includes a porch.

Gas and electric are separately metered, while water and sewer are shared. Residents handle lawn care and snow removal; the owner covers water and sewer service. The property is on S Porter Street in Saginaw, on the city's west side.

Key Highlights

  • Three occupied apartments in a 2,610‑square‑foot building
  • 0.13‑acre parcel in Saginaw's west side
  • Unit mix: two 1‑bedroom apartments and one 2‑bedroom apartment

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All residences are occupied, with gas and electric service individually metered and water and sewer on shared meters.
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 apartments in a 2,610‑square‑foot building; 0.13‑acre parcel in Saginaw's west side; Unit mix: two 1‑bedroom apartments and one 2‑bedroom apartment
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