319 W Saginaw Street, St Louis, MI 48880
City of St Louis · Gratiot County
Key Facts
Description
Great investment opportunity just steps from downtown St. Louis! This well-maintained top/bottom duplex has a long history as a successful rental property and is ready for its next owner. Each unit offers approximately 600 square feet of living space with 2 bedrooms and 1 full bathroom, making them attractive options for tenants. The lower unit is currently occupied by a reliable long-term tenant paying $575 per month, providing immediate rental income. The upper unit is vacant, giving the new owner the opportunity to select their own tenant and adjust the rent to current market rates. A durable metal roof adds long-term value and helps minimize future maintenance costs. Whether you're looking to expand your investment portfolio or get started with rental property ownership, this duplex offers steady income potential in a convenient location close to shopping, restaurants, parks, and everything downtown St. Louis has to offer. Seller is a licensed real estate broker in the State of Michigan.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Stories
1
Living Area
1,200 sq ft
Lot Size
0.18 acres
Lot Dimensions
60 x 130
Days on Market
3
MLS® Listing#
1947531
Property Features
Appliances
Heating
Fireplace
Parking
Patio
Construction
Roof
Other Structures
Community
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$1,910
Tax year 2026
Assessed Value
$31,023
Parcel Number
53-010-043-00
Directions
From M46, turn north on Delaware. Turn right onto Saginaw.
Affordability Calculator
$23,800
Estimated monthly payment
$633/mo
Principal $95,200 · Est. interest $132,812 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in St Louis, MI
- $319,545
- Median Listing Price
- 34
- Median Days on Market
- 1,743
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 483
- Active Listings
- This home’s price is 63% below the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in St Louis, MI.
Location
Points of Interest in St Louis, MI
Showing the St Louis area map.
Nearby Schools
St Louis Public School
School · 0.3 mi away
St. Louis High School
Secondary · 0.3 mi away
TSN Middle School
Secondary · 0.5 mi away
Nikkari Elementary School
Elementary · 0.6 mi away
St Louis Public
School · 0.6 mi away
Carrie Knause Early Childhood Learning Center
School · 0.6 mi away
St Louis Correctional Facility
Secondary · 1.0 mi away
Middle of the Mitten Learning Ctr
School · 1.7 mi away
Donald L. Pavlik Middle School
Elementary · 2.4 mi away
Alma Senior High School
Secondary · 2.6 mi away
Alma Public Schools
School · 2.6 mi away
Pine Avenue Elementary School
Elementary · 2.7 mi away
St Mary School
Secondary · 3.3 mi away
Hillcrest Elementary School
Elementary · 3.5 mi away
Alma Public Schools
Elementary · 4.1 mi away
Luce Road Elementary School
Elementary · 4.2 mi away
Breckenridge Elementary School
Elementary · 6.8 mi away
Breckenridge Co-OP Nursery
School · 7.1 mi away
Ithaca Sda School
Secondary · 7.2 mi away
Ithaca High School
Secondary · 7.4 mi away
Commute Calculator
Nearby Homes
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|---|---|---|---|---|
| 800 Whitwam Drive, St. Joseph, MI | $85,000 | — | — | — |
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| 0 Colony Road, St. Johns, MI | $89,900 | — | — | — |
| Lot 3 Pte La Barbe Road, St. Ignace, MI | $90,000 | — | — | — |
| 22204 E 11 Mile Road, St Clair Shores City, MI | $90,000 | 1 | 2 | 840 |
| 3385 Rivers Edge Drive, St. Joseph, MI | $94,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in St Louis
Listing Courtesy: 43 NORTH REALTY - 9894631219