Duplex with Full
For Sale
$244,900
800 S Center Road, Saginaw, MI 48638
MULTIFAMILY, Saginaw, MI
Property Size2,746 SF
Lot Size0.38 Acres
Price / SF$89.18
Days on Market56
Property Features for 800 S Center Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 1
Patio and Porch features
Deck, Porch
Interior features
9 ft + Ceilings, Interior Balcony, Ceramic Floors, Hardwood Floors, Walk-In Closet
Exterior features
Deck, Porch, Exterior Balcony
Appliances
Range/Oven, Refrigerator
Lot features
Main Street, Deep Lot - 150+ Ft., Treed
Elementary school district
Saginaw Twp Community School
Middle school district
Saginaw Twp Community School
High school district
Saginaw Twp Community School
Subdivision
Saginaw Twp (73020)
Standard status
Active
APN
23-12-4-29-4015-000
Size
2,746 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Annual Amount
4519
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
wraparound deck
upper balcony
U-shaped driveway
1.5-car garage
full basement
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Architectural style
Colonial
Listing Agency:
Berkshire Hathaway HomeServices
(989) 790-9292
Listed By:
Josh Moore · License #SBR-6501411187
(989) 714-9732
Added: Aug 21
Changed: Oct 14
Last Checked: Oct 15 at 2:06AM
MLS# 50219382
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 2,746-square-foot Colonial in Saginaw has four bedrooms, three full bathrooms, and a full basement. A newer addition contains one bedroom and one full bathroom and was previously used as an Airbnb. Interior features include hardwood and ceramic floors, walk-in closets, and ceilings over 9 feet. The property also has a wraparound deck, an exterior balcony, a porch, and a 1.5-car garage on a 0.38-acre lot.
Mechanical updates include central air installed shortly before listing, a furnace approximately 4 years old, and a water heater approximately 5 years old. Most of the roof is approximately 9 years old; the roof over the addition and up to the peak is approximately 2 years old. Some windows have also been replaced.
Mechanical updates include central air installed shortly before listing, a furnace approximately 4 years old, and a water heater approximately 5 years old. Most of the roof is approximately 9 years old; the roof over the addition and up to the peak is approximately 2 years old. Some windows have also been replaced.
Key Highlights
- 2,746 square feet with 4 bedrooms and 3 full bathrooms
- 0.38‑acre lot with a full basement and 1.5‑car garage
- Addition includes 1 bedroom and 1 full bathroom; previously used as an Airbnb
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,268
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,360
$325.4K
Cap Rate 7%
$232,400
$232.4K
Cap Rate 9%
$180,756
$180.8K
Market Conditions
NOI Build-Up for 2,746 SF
Gross rent
$25.0K $9.12/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$23.2K $8.46/SF
− OpEx
−$7.0K −$2.54/SF
NOI
$16.3K $5.92/SF
Area
Saginaw County, MI
Vacancy
7.20%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,360
Cap Rate 7%
$232,400
Cap Rate 9%
$180,756
Alternative Uses
Best Use
Multifamily LT 5
$232.4K
$203.4K – $271.1K
NOI $16,268 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$220.8K
$193.2K – $257.6K
NOI $15,453 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$507.3K
$443.9K – $591.9K
NOI $35,514 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 48638, MI
13,199
Population
6,479
Households
2
Avg Household Size
42
Median Age
36%
College-Educated
95%
High-School Grad
6.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$63,444
Median Household Income
$44,281
Median Earnings
$948
Median Rent
$161,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - A one-bedroom, one-bathroom addition expands the property's residential layout.
Where is this duplex located?
The property is located at 800 S Center Road Saginaw, MI.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: 2,746 square feet with 4 bedrooms and 3 full bathrooms; 0.38‑acre lot with a full basement and 1.5‑car garage; Addition includes 1 bedroom and 1 full bathroom; previously used as an Airbnb
