**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.
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
- 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#: 20261048961
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
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Price change | $45,900-2.1%$51/sqft |
Source: | ||
| 8/30/2026 | Price change | $46,900-0.2%$52/sqft |
Source: | ||
| 8/23/2026 | Price change | $47,000-1%$52/sqft |
Source: | ||
| 8/12/2026 | Price change | $47,490-1%$53/sqft |
Source: | ||
| 8/3/2026 | Price change | $47,990-1.1%$53/sqft |
Source: | ||
| 7/12/2026 | Price change | $48,500-3%$54/sqft |
Source: | ||
| 6/28/2026 | Listed for sale | $50,000-9.1%$56/sqft |
Source: | ||
| 6/22/2026 | Listing removed | $55,000$61/sqft |
Source: | ||
| 4/26/2026 | Listed for sale | $55,000$61/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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





