$210,000

123 S Cayuga St Buchanan, MI 49107

Estimated payment $1,281/month

Total Views 3,295
6 Beds
3 Baths
1,924 Sq Ft
$109 Price per Sq Ft

About This Home

Great investment opportunity with upside potential! This former 3-unit is currently configured as a 2-unit with a large 5-bed, 2-bath unit and a 1-bed, 1-bath basement unit. The main unit rents for $1,700/month, with additional income potential from the lower unit. Month-to-month tenants, fenced backyard, multiple electric meters, and value-add potential make this a strong opportunity for investors.

Listing Agent

Troy Schearer

JPAR - Great Lakes Bay Region License #SBR-6501448755 Listed on: 03/25/2026

JPAR - Great Lakes Bay Region

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1946

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Boiler Heating System
  • Separate Meters

Additional Features

  • 2-Story Property
  • 7,841 Sq Ft Lot
  • Basement

Community Details

  • 2 Units
  • High School Add To City Of Buchanan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-58-3050-0043-00-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,899

Year Built

Built in 1946

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1899
  • Year Built: 1946
  • Mail City: Buchanan
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Freezer, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Public Records

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 11-58-3050-0043-00-4
  • Lot Dimensions: 7840
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,734.00
  • Winter Tax: Year: 2024, Amount: $165.00
  • Total Tax: Amount: $1,899.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Buchanan Community School District

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,898 $86,400 $0 $0
2024 $1,734 $83,400 $0 $0
2023 $1,673 $73,100 $0 $0
2022 $1,640 $65,200 $0 $0
2021 $1,743 $60,100 $3,100 $57,000
2020 $1,907 $60,700 $0 $0
2019 $1,873 $42,400 $1,900 $40,500
2018 $1,844 $42,400 $0 $0
2017 $1,809 $42,700 $0 $0
2016 $1,796 $41,200 $0 $0
2015 $1,986 $40,100 $0 $0
2014 $1,785 $39,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 For Sale $210,000 -- $109 / Sq Ft
Source: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Deed $84,900 --
Deed $66,000 --
Deed $25,000 --
Deed $55,000 --
Deed $26,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,000 Purchase Money Mortgage
Source: Public Records

Source: Michigan Multiple Listing Service

MLS Number: 50202453

Michigan Multiple Listing Service

APN: 11-58-3050-0043-00-4

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