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1331 S Jefferson Ave, Saginaw, MI, 48601

4beds
4baths
3,950sqft
$39,900
$10price/sqft
$794/moest. monthly cost
$31,760/yrincome needed

About This Home

Steeped in local history, the property historically known as "The Green & Gold Mansion" at 1331 S. Jefferson Ave is ready for its grand revival! Built in 1889, this massive 3,950 sq. ft. historic estate sits on a sprawling 0.46-acre lot and offers an incredible blank canvas for an investor, flipper, or restoration enthusiast. The expansive main floor, currently utilizing a natural gas floor furnace, has already been cleared down to the studs, saving you time and demolition costs while letting you design a custom layout from scratch. Upstairs, the property features 2 independent apartments (heated via electric space heaters) that can remain as a multi-family income source, or easily be converted back into a sprawling layout of massive, grand bedrooms to bring this single-family landmark back to life. With its rich history, significant footprint, and generous yard space, this is a rare opportunity to own a piece of Saginaw's heritage. Schedule your private tour today and bring your vision to a local legend!

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
59
BikeBikeable

Schools

2/10
Jessie Rouse SchoolGrades PK-51.3 mi

Construction

Condition

  • Year built: 1889

Materials

  • Foundation: Basement,Brick,Stone
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian,Historic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: First Floor Laundry

Basement

  • Has basement: Yes
  • Basement: MI Basement,Brick,Stone,Unfinished,Crawl Space

Bathroom1

  • Level: First
  • Area: 72

Bathroom2

  • Level: First
  • Area: 60

Bathroom3

  • Level: Second
  • Area: 50

Bathroom4

  • Level: Second
  • Area: 35

Bedroom1

  • Level: First
  • Area: 88

Bedroom2

  • Level: First
  • Area: 176

Bedroom3

  • Level: Second
  • Area: 646

Bedroom4

  • Level: Second
  • Area: 420

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Family Room

  • Level: First
  • Area: 182

Features

  • Window features: Bay Window(s)
  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 3,950

Great Room

  • Level: First
  • Area: 117

Heating & Cooling

  • Heating features: Floor Furnace,Other,Electric,Natural Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 5,359
  • Total interior livable area: 3,950 sqft

Kitchen

  • Level: First
  • Area: 165

Living Room

  • Level: First
  • Area: 273

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 08 0820 00000
  • Zoning description: Residential
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Porch
  • Exterior features: Street Lights
  • Fencing: Fenced
  • Waterfront features: None
  • Frontage type: Road
  • Frontage length: 108

Lot

  • Lot size: 0.46 Acres
  • Features: Corner Lot,Main Street,Sidewalks,City Lot
  • Lot size dimensions: 108 x 186

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Tornado

FEMA Declared Disasters in Saginaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $201$2,412
Home Insurance *$119$1,428
Property Taxes $44$528
Electricity $430$5,170
Total$794$9,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,222/yr
40% on housing$23,820/yr
45% on housing$21,173/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$10This listing

vs Other Active Listings

Avg $/sqft

ZIP 48601$38
Saginaw County$85

vs Homes Sold Last Month

Median $/sqft

ZIP 48601$47
Saginaw County$108

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-12Listed for sale$39,900
1999-06-01Sold$24,000

For Sale by Agent

AgentSherry Bliss-Cayer
BrokerageRE/MAX New Image

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