Duplex with Separate One-Bedroom
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 Market69
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
Basement, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 2
Patio and Porch features
Porch, Deck
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
deck
balcony
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
(989) 714-9732
Added: Aug 21
Changed: Oct 28
Last Checked: Oct 28 at 10:06PM
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.
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Investment Insights
Based on property information with market context.
This 1910 Colonial offers 2,746 square feet with four bedrooms, three full bathrooms, and a full basement. A newer addition contains one bedroom and one full bath, creating a separate living area within the home. Interior details include hardwood and ceramic floors, walk-in closets, and ceilings of at least 9 feet. A wraparound deck, porch, and upper balcony extend the living space outdoors; the balcony overlooks the backyard, with woods beyond.
Updates include electrical work, a furnace approximately 4 years old, a water heater approximately 5 years old, and central air installed shortly before listing. Most of the roof is approximately 9 years old, while the roof over the addition and up to the peak is approximately 2 years old. Some windows are newer. The 0.38-acre property also has a U-shaped driveway and a 1.5-car garage.
Updates include electrical work, a furnace approximately 4 years old, a water heater approximately 5 years old, and central air installed shortly before listing. Most of the roof is approximately 9 years old, while the roof over the addition and up to the peak is approximately 2 years old. Some windows are newer. The 0.38-acre property also has a U-shaped driveway and a 1.5-car garage.
Key Highlights
- 4 bedrooms and 3 full bathrooms across 2,746 square feet
- Addition includes a separate bedroom and full bathroom
- Full basement; lot measures 0.38 acres
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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Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - A 4-bedroom layout includes a distinct suite with its own bathroom and separate entry-style flexibility.
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: 4 bedrooms and 3 full bathrooms across 2,746 square feet; Addition includes a separate bedroom and full bathroom; Full basement; lot measures 0.38 acres
