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For sale
  • Price cut: $4.9K (7/8)
    $105,000

    721 Lyon St, Saginaw, MI 48602

    3beds
    1,802sqft
    : 
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    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $58/sqft
    $-- HOA

    What's special

    Turnkey investment opportunity in the heart of Saginaw! This beautifully updated income-producing duplex at 721 Lyon Street is ready for its next owner. Featuring a brand-new roof and complete renovations on both sides, this property offers modern updates with strong rental potential. Each unit has been fully remodeled with fresh finishes, updated interiors, and move-in-ready appeal that tenants will love. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this property checks all the boxes. Conveniently located near local shopping, dining, schools, and major roadways, this duplex combines cash flow potential with peace of mind thanks to the recent improvements. Don’t miss your chance to own a fully renovated, income-producing property in a growing rental market!
    41 days
    |
    181
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shondra Wilkins 989-395-4803,

    Taylored Elite Estates LLC 989-714-7802

    Source: MiRealSource,MLS#: 50210248MLS LogoOriginating MLS: Saginaw Board of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
      Features
      • Basement: Block
      • Has fireplace: No
      Interior area
      • Total structure area: 1,802
      • Total interior livable area: 1,802 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Frontage length: 55
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 55 x 99
      Details
      • Parcel number: 17 0257 00000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Foundation: Basement
      Condition
      • Year built: 1890

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: City Of Saginaw In Div South Of Cass Street
      Location
      • Region: Saginaw

      Financial & listing details

      • Price per square foot: $58/sqft
      • Tax assessed value: $61,800
      • Annual tax amount: $2,357
      • Date on market: 6/5/2026
      • Cumulative days on market: 42 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership type: LLC
      • Total actual rent: 2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,005/mo

        Price history

        DateEventPrice
        7/8/2026Price change$105,000-4.5%$58/sqft
        Source: MiRealSource #50210248 Report a problem
        6/6/2026Listed for sale$109,900+89.5%$61/sqft
        Source: MiRealSource #50210248 Report a problem
        1/8/2025Sold$58,000-10.8%$32/sqft
        Source: MiRealSource #50161938 Report a problem
        12/4/2024Pending sale$64,990$36/sqft
        Source: MiRealSource #50161938 Report a problem
        11/26/2024Listed for sale$64,990+209.5%$36/sqft
        Source: MiRealSource #50161938 Report a problem
        8/19/2020Sold$21,000-40%$12/sqft
        Source: MiRealSource #31395106 Report a problem
        8/11/2020Pending sale$35,000$19/sqft
        Source: RE/MAX New Image #31395106 Report a problem
        9/21/2019Listed for sale$35,000-2.8%$19/sqft
        Source: RE/MAX New Image #31395106 Report a problem
        4/12/2019Listing removed$36,000$20/sqft
        Source: RE/MAX New Image #31360201 Report a problem
        9/18/2018Listed for sale$36,000+3.2%$20/sqft
        Source: RE/MAX New Image #31360201 Report a problem
        3/15/2018Listing removed$34,900$19/sqft
        Source: RE/MAX New Image #31336785 Report a problem
        2/27/2018Listed for sale$34,900+83.7%$19/sqft
        Source: RE/MAX New Image #31336785 Report a problem
        1/5/2017Sold$19,000-61.2%$11/sqft
        Source: MiRealSource #31301446 Report a problem
        6/17/2002Sold$49,000+6.5%$27/sqft
        Source: Public Record Report a problem
        9/17/1999Sold$46,000$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,534 +7.5%$30,900 +7.7%
        2024$1,427 $28,700 +15.3%
        2023-- $24,900 +15.3%
        2022-- $21,600 +5.4%
        2021$1,717 $20,500 +9%
        2020$1,717 +25.6%$18,800 -6.5%
        2018$1,367 $20,104 -0.5%
        2017-- $20,200 -1.5%
        2016-- $20,515 -1.6%
        2014$1,341 $20,846 -4.8%
        2013-- $21,891 -10.4%
        2012-- $24,434 -2.1%
        2011$1,362 $24,963 -6.4%
        2010-- $26,657 -9%
        2009-- $29,293 -5%
        2008-- $30,835 -4%
        2007-- $32,120
        2006-- $32,120
        2005$1,527 $32,120 +8%
        2003-- $29,741 +8%
        2002-- $27,538 +8%
        2001-- $25,498 +9%
        2000-- $23,393
        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48602

        Getting around

        78 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Handley Elementary
        • Middle: Thompson Middle School
        • High: Sasa
        • 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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