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Renovated Duplex with New Roof
For Sale
$99,000

721 Lyon Street, Saginaw, MI 48602

MULTIFAMILY, Saginaw, MI

Property Size1,802 SF
Lot Size0.12 Acres
Price / SF$54.94
Days on Market21

Property Features for 721 Lyon Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 2
Patio and Porch features Porch
Exterior features Porch
Appliances Humidifier, Range/Oven, Refrigerator
Subdivision City Of Saginaw in Div South Of Cass Street
Elementary school Handley Elementary School
Middle school Thompson Middle School
High school SASA High School
Elementary school district Saginaw City School District
Middle school district Saginaw City School District
High school district Saginaw City School District
Standard status Active
APN 91-70-0-25-7000-000
Size 1,802 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 2357

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Number of units 2
Listing Agency: Century 21 Signature Realty · Century 21 Real Estate
Listed By: Shondra Wilkins
Added: Aug 19 Changed: Sep 7 Last Checked: Sep 8 at 6:06AM
MLS# 50219133

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 1,802-square-foot duplex on a 0.12-acre lot was built in 1980 and has been renovated throughout both units. Improvements include a new roof, refreshed interior finishes, forced-air heating, and a porch. The property includes a basement, three listed bedrooms, two listed bathrooms, and practical appliances including a range/oven, refrigerator, and humidifier.

Located in Saginaw, the property is near shopping, dining, schools, and major roadways. Public water serves the building. With two separately configured living spaces and recent improvements already completed, the property is positioned for continued residential rental use or an owner-occupant arrangement with one unit available for income, as described in the property information.

Key Highlights

  • 1,802‑square‑foot duplex on a 0.12‑acre lot
  • Both units fully remodeled with updated interior finishes
  • Brand‑new roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom Big Box & Wholesale Store HVAC Service

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

690
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Updated two-unit property with remodeled interiors, porch space, forced-air heat, and public water service.
Where is this duplex located?
The property is located at 721 Lyon Street Saginaw, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1,802‑square‑foot duplex on a 0.12‑acre lot; Both units fully remodeled with updated interior finishes; Brand‑new roof
More about this property
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