1021 Ames St, Saginaw, MI, 48602
About This Home
Turnkey investment opportunity ready for new tenants. This 2-unit offers 4 total bedrooms and 2 total bathrooms, previously generating $1,600 per month in rental income. Both units are now vacant ready for a new owner providing flexibility for future ownership plans. The property features a basement with laundry hookup, and two driveways with separate entryways for future tenants. Tenants pay for their own heat, and electricity helping reduce operating expenses, while the landlord covers water. Whether you're looking to expand your portfolio or live in this property and lease out the other unit to offset costs and build equity call today for a private showing.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1904
Materials
- Foundation: Basement
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Gas Water Heater
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Insert
- Fireplace: Yes
Heating
- Heating features: Boiler,Forced Air
Interior Area
- Total structure area: 1,832
- Total interior livable area: 1,832 sqft
Property
Details
- Parcel number: 16 0027 00000
- Special condition: Private
Features
- Levels: Two
- Stories: 2
- Frontage length: 60
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 60 x 97
Parking
- Total spaces: 2
- Parking features: 2 Spaces
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
- Winter Weather
- Cold Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Saginaw County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $417 | $5,004 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $92 | $1,104 |
| Electricity | $199 | $2,397 |
| Total | $837 | $10,044 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Pending sale | $82,500 |
| 2026-08-03 | Listed for sale | $82,500 |
| 2019-10-02 | Listing removed | $575 |
| 2019-09-03 | Listed for rent | $575 |
| 2019-08-30 | Sold | $33,500 |
| 2019-07-16 | Pending sale | $45,000 |
| 2019-06-15 | Listed for sale | $45,000 |
| 2010-08-23 | Sold | $12,900 |
| 2010-01-15 | Sold | $47,838 |
| 2001-03-30 | Sold | $27,000 |
| 1999-11-04 | Sold | $26,900 |
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