$129,000
UNDER CONTRACT

403 S Fayette St Saginaw, MI 48602

Estimated payment $869/month

Total Views 5,158
6 Beds
4 Baths
3,584 Sq Ft
$36 Price per Sq Ft

About This Home

4 unit Property with Bonus Basement Storage. Incredible opportunity for investors or owner occupiers! This city Licensed fourplex offers excellent cash flow potential with 3 fully functional units and 1 awaiting finishing touch. 2 units include separate basement storage, perfect for added tenant convenience or owner use. Spacious lot and flexible layout make this an ideal for tenant parking. Call today for your showing!

Listing Agent

Bill Jaynes

RE/MAX Results License #BCRA-6501395379 Listed on: 08/01/2025

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1874

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 17018700000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,063

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2103.63
  • Total Tax Year: 2025
  • Year Built: 1874
  • Mail City: Saginaw
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 3584

Exterior Features

  • Frontage: 60
  • Foundation Type: Basement

Utilities

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

Lot Info

  • Assessor Parcel Number: 17018700000
  • Lot Dimensions: 60 x 120
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2025, Amount: $1,727.49
  • Winter Tax: Year: 2024, Amount: $376.14
  • Taxable Value: 28432
  • Total Tax: Year: 2025, Amount: $2,103.63
  • SEV Year: 2025

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Saginaw City School District

Map

Range of Values:

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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 $2,063 $39,300 $0 $0
2024 $1,687 $35,600 $0 $0
2023 $2,135 $43,900 $0 $0
2022 $2,495 $37,900 $0 $0
2021 $2,347 $33,500 $0 $0
2020 $2,115 $33,500 $0 $0
2019 $3,003 $30,900 $1,200 $29,700
2018 $1,856 $33,624 $0 $0
2017 $3,070 $33,850 $0 $0
2016 $2,982 $34,200 $0 $0
2014 -- $35,851 $0 $34,665
2013 -- $37,199 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $129,000 +143.4% $36 / Sq Ft
04/02/2018 04/02/18 Sold $53,000 -24.2% $15 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $69,900 -- $20 / Sq Ft
Source: Bay County Realtor® Association MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $53,000 West Michigan Realtors Title
Quit Claim Deed -- Title Resources Guarantee Co
Quit Claim Deed $133 --
Quit Claim Deed $133 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $30,000 --
Sheriffs Deed $76,116 --
Deed -- --
Deed $108,000 --
Deed -- --
Quit Claim Deed -- --
Deed $84,000 --
Warranty Deed $84,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,200 Stand Alone Second
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Source: Bay County Realtor® Association MLS

MLS Number: 50183792

Bay County Realtor® Association MLS

APN: 91700187000000