Finished-Basement
For Sale
$250,000
Pending
8971 N Brookshire Drive, Saginaw, MI 48609
RESIDENTIAL, Duplex, Saginaw, MI
Property Size2,304 SF
Days on Market43
Property Features for 8971 N Brookshire Drive
General Information
Property type
Residential
Property subtype
Duplex
Zoning description
Residential
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Laundry Room, Basement, Bathroom 2
Parking features
Garage
Patio and Porch features
Deck, Patio
Interior features
9 ft + Ceilings, Hardwood Floors, Walk-In Closet
Exterior features
Deck, Patio, Sidewalks
Fireplace
1
Appliances
Dishwasher
Subdivision
Valley Estates
Elementary school district
Swan Valley School District
Middle school district
Swan Valley School District
High school district
Swan Valley School District
Standard status
Pending
APN
28-12-3-26-2516-000
Size
2,304 SF
Taxes and HOA fees
Tax Year
2025
HOA Fee
$425 Annually
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
1
Architectural style
Other
Listing Agency:
Keller Williams Preferred · Keller Williams Realty
(989) 792-8200
Listed By:
Monique Gilbert · License #SBR-6506048015
(989) 475-2958
Added: Aug 25
Changed: Oct 5
Last Checked: Oct 6 at 1:06AM
MLS# 50219721
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 2,304-square-foot duplex was built in 1996 and includes a finished basement with an egress window. The open main living area has hardwood floors and 9 ft + ceilings, with a fireplace and a dishwasher. The primary suite is on the main floor and includes a private bathroom and walk-in closet. The main living space was freshly painted in 2026.
Outdoor features include a large back deck, patio, and backyard. The property also has a garage, forced-air heating, central air, and public water.
Outdoor features include a large back deck, patio, and backyard. The property also has a garage, forced-air heating, central air, and public water.
Key Highlights
- Finished basement with egress window
- 2,304 square feet; built in 1996
- Main‑floor primary suite with private bath and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,650
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,000
$273.0K
Cap Rate 7%
$195,000
$195.0K
Cap Rate 9%
$151,667
$151.7K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$21.0K $9.12/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$19.5K $8.46/SF
− OpEx
−$5.8K −$2.54/SF
NOI
$13.6K $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%
$273,000
Cap Rate 7%
$195,000
Cap Rate 9%
$151,667
Alternative Uses
Best Use
Multifamily LT 5
$195.0K
$170.6K – $227.5K
NOI $13,650 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$185.2K
$162.1K – $216.1K
NOI $12,965 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$425.7K
$372.5K – $496.6K
NOI $29,798 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 48609, MI
12,082
Population
5,494
Households
2.2
Avg Household Size
50
Median Age
26%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
270
Density / Sq Mi
$78,800
Median Household Income
$43,865
Median Earnings
$903
Median Rent
$166,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 main-floor primary suite, private bath, and walk-in closet complement the open living area.
Where is this duplex located?
The property is located at 8971 N Brookshire Drive Saginaw, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Finished basement with egress window; 2,304 square feet; built in 1996; Main‑floor primary suite with private bath and walk‑in closet
