Turnkey investment opportunity with reliable, long-term tenants already in place. This duplex offers over 1,700 square feet of living space with 4 total bedrooms and 3 total bathrooms, generating $1,550 per month in rental income. Both tenants have occupied their units for more than five years and are currently on month-to-month leases, providing flexibility for future ownership plans. The property features a basement with laundry hookups, a detached one-car garage, and several recent improvements, including approximately half of the plumbing being updated within the last three years. Tenants pay for their own heat, electricity, and snow removal, helping reduce operating expenses, while the landlord covers water and lawn maintenance. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers steady cash flow and strong rental history in an established neighborhood.
Pending
$89,900
1404 Monroe St, Saginaw, MI 48602
4beds
1,761sqft
Multi Family
Built in 1894
-- sqft lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
Detached one-car garageBasement with laundry hookups
- 43 days |
- 106 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Howard D Ebenhoeh 989-798-5670,
REMAX Tri County 989-323-2161
Source: MiRealSource,MLS#: 50209968
Originating MLS: East Central Association of REALTORS
Originating MLS: East Central Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Features: No
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator, Gas Water Heater
- Laundry: Second Floor Laundry
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 1,761
- Total interior livable area: 1,761 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Frontage length: 108
Lot
- Size: 6,534 Square Feet
- Dimensions: 108 x 60
Details
- Parcel number: 20211200000
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1894
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable/Internet Avail.
Community & HOA
Community
- Subdivision: Parsons & Gaylords Addition
Location
- Region: Saginaw
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $60,600
- Annual tax amount: $1,788
- Date on market: 6/3/2026
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 1500
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,070/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $89,900$51/sqft |
Source:  MiRealSource #50209968 Report a problem | ||
| 6/3/2026 | Listed for sale | $89,900+100.2%$51/sqft |
Source: MiRealSource #50209968 Report a problem | ||
| 6/24/2021 | Sold | $44,900$25/sqft |
Source: MiRealSource #50023862 Report a problem | ||
| 9/23/2020 | Pending sale | $44,900$25/sqft |
Source: MiRealSource #50023862 Report a problem | ||
| 9/17/2020 | Listed for sale | $44,900$25/sqft |
Source: RE/MAX New Image #50023862 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,753 +8.6% | $30,300 +7.1% |
| 2024 | $1,615 +3.1% | $28,300 +16% |
| 2023 | $1,566 | $24,400 +17.9% |
| 2022 | -- | $20,700 +15% |
| 2021 | $1,644 | $18,000 |
| 2020 | $1,644 +38.7% | $18,000 -0.3% |
| 2018 | $1,185 | $18,048 +1.1% |
| 2017 | -- | $17,850 -1.5% |
| 2016 | -- | $18,117 -2.8% |
| 2014 | $1,233 | $18,631 -7.7% |
| 2013 | -- | $20,193 -6.6% |
| 2012 | -- | $21,618 -2.6% |
| 2011 | $989 | $22,192 +10.8% |
| 2010 | -- | $20,028 -9% |
| 2009 | -- | $22,009 -8% |
| 2008 | $1,190 | $23,923 -6% |
| 2007 | -- | $25,450 +2% |
| 2006 | -- | $24,951 |
| 2005 | -- | $24,951 +9% |
| 2003 | -- | $22,891 +19.6% |
| 2002 | -- | $19,139 +10% |
| 2001 | -- | $17,399 +4% |
| 2000 | -- | $16,730 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Butman-Fish
Nearby schools
GreatSchools rating
- 2/10Herig SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Thompson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Saginaw United High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Saginaw City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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