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For sale
  • Price cut: $1K (9/3)
    $45,900

    639 S 28th St, Saginaw, MI 48601

    2beds
    900sqft
    Single Family Residence
    Built in 1935
    7,840 Square Feet Lot
    $-- Zestimate®
    $51/sqft
    $-- HOA

    What's special

    **Turnkey Investment Opportunity!** This well-maintained property offers an excellent chance to acquire a stabilized rental with income already in place. Currently rented at **$900 per month**, the home provides immediate cash flow and is a strong fit for investors looking to add a low-maintenance asset to their portfolio. The property features a functional layout, comfortable living areas, and solid overall condition, making it an attractive long-term rental with continued upside potential. Its established occupancy helps eliminate the downtime and uncertainty that often comes with acquiring a vacant investment property. Conveniently located near shopping, restaurants, schools, parks, healthcare facilities, and major roadways, the property offers easy access throughout Saginaw and the surrounding Great Lakes Bay Region. The location, combined with existing rental income and turnkey condition, makes this a compelling buy-and-hold opportunity. Whether you're expanding an existing portfolio or purchasing your first rental property, this home offers a strong combination of **cash flow, convenience, and long-term value.** **Tenant occupied. Do not disturb tenants. Showings are by confirmed appointment only.** **Novation:** Buyer holds an equitable interest in the property and is marketing the property with the owner's authorization for the purpose of locating a new buyer.
    73 days
    311
    19

    Zillow last checked:

    Listing updated:

    Listed by:

    Sonny Kaushik 810-209-9995,

    Ikon Property Group 810-209-9995,

    Deepika Ghotra 810-209-9995,

    Ikon Property Group

    Source: Realcomp II,MLS#: 20261048961MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 132
      • Dimensions: 12 X 11
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 11 X 10
      Primary bathroom
      • Level: Entry
      • Area: 132
      • Dimensions: 12 X 11
      Kitchen
      • Level: Entry
      • Area: 120
      • Dimensions: 12 X 10
      Living room
      • Level: Entry
      • Area: 195
      • Dimensions: 15 X 13
      Heating
      • Forced Air, Natural Gas
      Features
      • Has basement: Yes
      • Has fireplace: No
      Interior area
      • Total interior livable area: 900 sqft
      • Finished area above ground: 900

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevelwSteps
      • Pool features: None
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 66 x 120
      Details
      • Parcel number: 10125205015000
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block, Michigan Basement
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: JANES MANOR SUB
      HOA
      • Has HOA: No
      Location
      • Region: Saginaw

      Financial & listing details

      • Price per square foot: $51/sqft
      • Tax assessed value: $14,951
      • Annual tax amount: $1,259
      • Date on market: 6/28/2026
      • Cumulative days on market: 73 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $889/mo

        Price history

        DateEventPrice
        9/3/2026Price change$45,900-2.1%$51/sqft
        Source: Realcomp II #20261048961 Report a problem
        8/30/2026Price change$46,900-0.2%$52/sqft
        Source: Realcomp II #20261048961 Report a problem
        8/23/2026Price change$47,000-1%$52/sqft
        Source: Realcomp II #20261048961 Report a problem
        8/12/2026Price change$47,490-1%$53/sqft
        Source: Realcomp II #20261048961 Report a problem
        8/3/2026Price change$47,990-1.1%$53/sqft
        Source: Realcomp II #20261048961 Report a problem
        7/12/2026Price change$48,500-3%$54/sqft
        Source: Realcomp II #20261048961 Report a problem
        6/28/2026Listed for sale$50,000-9.1%$56/sqft
        Source: Realcomp II #20261048961 Report a problem
        6/22/2026Listing removed$55,000$61/sqft
        Source: Realcomp II #61050205418 Report a problem
        4/26/2026Listed for sale$55,000$61/sqft
        Source: MiRealSource #50205418 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$918 +3.2%$27,400 +24%
        2025$889 +8.5%$22,100 +5.2%
        2024$820 -10.7%$21,000 +21.4%
        2023$918 $17,300 +22.7%
        2022-- $14,100 +13.7%
        2021$742 $12,400 +10.7%
        2020$742 -4.3%$11,200 -2.6%
        2018$775 -3.4%$11,500 +1.8%
        2017$803 $11,300 +6.6%
        2016$803 $10,600 -0.9%
        2014$803 $10,700 +2.9%
        2013-- $10,400 -11.1%
        2012-- $11,700 -9.3%
        2011-- $12,900 -12.2%
        2010-- $14,700 -13%
        2009-- $16,900 -2.9%
        2008-- $17,400
        2007-- $17,400 +4.8%
        2006-- $16,600
        2005-- $16,600 +1.8%
        2003-- $16,300 +5.8%
        2002$167 $15,400 +15.4%
        2001$167 +6.9%$13,350 +4.7%
        2000$156 $12,750
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 48601

        Getting around

        19 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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