319 W Saginaw Street, St Louis City, 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
Style
Duplex
Year Built
1900
Living Area
600 sq ft
Lot Size
0.18 acres
Lot Dimensions
60 x 130
Days on Market
3
MLS® Listing#
79080070598
Property Features
Appliances
Cooling
Heating
Patio
Sewer
Water Source
Financial Details
Annual Taxes
$1,910
Assessed Value
$31,023
Parcel Number
5301004300
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 City, MI
- $238,510
- Median Listing Price
- 59
- Median Days on Market
- 1,500
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 13,487
- Active Listings
- This home’s price is 50% below the area median.
- Its price per sq ft is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in St Louis City, MI.
Location
Points of Interest in St Louis City, MI
Showing the St Louis City 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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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12290 Griggs Street, Detroit City, MI | $83,400 | 3 | 1 | 1,383 |
| 19403 Stahelin Avenue, Detroit City, MI | $83,500 | 4 | 3 | 1,224 |
| 18627 Justine Street, Detroit City, MI | $83,500 | 3 | 1 | 1,068 |
| 33 Parkview Avenue, Mt Clemens City, MI | $83,700 | 4 | 2 | 1,720 |
| 2376 Leslie Street, Detroit City, MI | $83,900 | 3 | 1 | 1,618 |
| 2790 25th Street, Detroit City, MI | $84,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in St Louis City
Listing Courtesy: 43 NORTH REALTY - 9894631219
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