$72,000
1420 Adams St, Saginaw, MI 48602
Multi-family investment property ready for new owners and tenants. Two units are 2 bedroom/1 bath. The landlord pays for the water, and the tenants pay for the electricity/gas. Each unit has its own laundry closet. The upstairs unit has been professionally cleaned and freshly painted in preparation for new owners/tenants. The lower unit has a new water heater.
Shelli Kelsey
Kelsey Realty and Associates Inc
(989) 394-3085
Explore Saginaw
$129,000
403 S Fayette St, Saginaw, MI 48602
Bill Jaynes RE/MAX Results
$65,000
2401 Lowell Ave, Saginaw, MI 48601
Ali Smith Ayre/Rhinehart Bay REALTORS
$82,000
401 N Porter St, Saginaw, MI 48602
Property features 2 units. (1) Two bedroom unit and (1) 1 bedroom unit. Owner pays water. Currently rented and property managment in place. Call today for more information.
Coty Lewis NextHome Greater Tri-cities
$109,900
129 S Oakley St, Saginaw, MI 48602
Bill Jaynes RE/MAX Results
$149,900
1014 Hancock St, Saginaw, MI 48602
Well maintained 3 unit on Hancock! Home consists of of 2,160 square feet of comfortable living space. Each unit has a spacious bedroom, 1 full bath and living space. Unit #2 has a great sunroom/multi-purpose room. Nice 1 car detached garage for rental use or owner storage. Tenants are responsible for their own heat and electricity. Call today to make your appointment!
Mark Greskowiak Century 21 Signature Realty
$169,000
3782 Egan St Unit 3784, Saginaw, MI 48601
Calling all investors! This whole duplex of 2,000 square feet of comfortable living space offers each side 2- spacious bedrooms, 1-bath, located in Bridgeport school district. Recently updated in 2024, this property features a new roof, fresh carpet, fixtures and modernized kitchen and bathrooms, making it move-in ready with minimal maintenance required. Perfect as a rental property or long- term
Austin Kerridge Knockout Real Estate
$138,000
3006 Douglass St, Saginaw, MI 48601
A large multi-family residence tucked away in a quiet neighborhood, this fourplex offers 4 separate living units. Two spacious 1-bedroom units and two comfortable 2-bedroom units. Split electric and gas. It’s a fantastic investment opportunity! The property features a newer roof and interior updates, making it move-in ready for your new tenants. Conveniently located near the market, zoo,
Ruthy Moura Century 21 Signature Realty
$425,000
3615 Bernice Dr, Saginaw, MI 48601
Potential Investment Opportunity. Multi-Family unit in Bridgeport Twp. 5 units in building, four are currently leased. Building has basement with laundry hookups. Vacant unit is rent ready. Buyers agent to verify all information in this listing.
Nadeem Gebrael Gebrael Management
$280,000
924 Federal Ave, Saginaw, MI 48607
Special and rare opportunity to own a 5-unit apartment building right on the outskirts of Downtown Saginaw. Located within distance of the city's Bus Station, Dow Event Center, Social Security Administration, East Side Soup Kitchen, and Premier Cannabis. This apartment building features (4) one-bedroom and (1) two-bedroom units. It has been set up for Veterans on a voucher or Veterans with VA
Jonathan Minerick HomeCoin.com
$264,000
3257 Christy Way N, Saginaw, MI 48603
Very nice duplex in Saginaw Township! This 2 unit is all metered separately and features: Unit 1 is 2 bedrooms, 2.5 baths, finished basement with family room, newer furnace, fenced yard, 2 car garage. Unit 2 is 2 bedrooms, 1 bath, finished basement with family room, 1 car garage, fenced yard. Established tenants with leases in both units.
Joe Karpuk RE/MAX New Image
$85,000
813 S Michigan Ave, Saginaw, MI 48602
Income producing property! Many updates inside to revitalize this two unit apartment. Currently occupied with one tenant, and second unit is cleaned and rent ready. Call today for appointment and details.
Seth Vendelboe NextHome Greater Tri-cities
$759,900
548 Shattuck Rd, Saginaw, MI 48604
Great investment opportunity in Carrolton! This property has been extensively renovated. The outside features new metal siding and windows. The Apartments have been beautifully renovated. This property features five 2 bedroom apartments, one 3 bedroom apartment that is ADA compliant. There are also two 1 bedroom apartments. 6 of these units are currently rented at a market rate. All of
Paul Burback The Miller Group
$55,000
521 N Charles St, Saginaw, MI 48602
3 unit money maker
Maria Garcia Mid-Mitten Realty
$55,000
1011 S Woodbridge St, Saginaw, MI 48602
2 unit great income property
Maria Garcia Mid-Mitten Realty
Saginaw's cultural scene thrives at the historic Temple Theatre, which hosts diverse performances throughout the year, while the Japanese Cultural Center and Tea House provides a serene escape with traditional gardens and tea ceremonies. The Dow Event Center draws crowds for major concerts and conventions, complemented by outdoor summer performances at FirstMerit Bank Event Park. Nature lovers frequent the Shiawassee National Wildlife Refuge for birdwatching and hiking, while families enjoy the Saginaw Children's Zoo and Frank N. Andersen Celebration Park water park. Local dining highlights include Jake's Old City Grill, housed in a historic building serving steaks and seafood, and Fuzzy's Restaurant, known for its signature folded sandwiches.
The housing market features diverse options across distinct neighborhoods. Heritage Square's single-family homes have a median price of $77,800, while the Cathedral District's median price sits at $29,400. Adams Boulevard commands higher prices with a median of $116,000. The median price for single-family homes citywide is $120,000, townhomes reach $201,000, and condos range from $62,000 for one bedroom to $149,300 for two bedrooms.
Saginaw's property tax rate of 1.57% falls between neighboring Bay City at 1.63% and Midland at 1.5%. Residents pay a 4.25% state income tax plus a 1.5% local income tax. The education system includes highly rated schools like Plymouth Elementary and Northeast Middle School, both rated A minus by Niche. Nouvel Catholic Central Elementary School, rated A, serves multiple neighborhoods including Adams Boulevard and Shields. STARS provides public transportation throughout the area, with Detroit accessible within 100 miles and Flint 45 miles away.
On average, homes in Saginaw, MI sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Saginaw, MI over the last 12 months is $182,280, up 18% from the median home sale price over the previous 12 months.
In Saginaw, there are currently 15 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $55,000 to $759,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Saginaw is $159,900, while the average sale price is $209,636, offering insights into the local housing market. On average, multi-family homes spend 51 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Saginaw, MI.
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