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917 Malzahn St, Saginaw, MI, 48602

2beds
1baths
709sqft
$27,000
$38price/sqft
$396/moest. monthly cost
$15,840/yrincome needed

About This Home

Bring your vision and restore this home to its original charm. Offering a great opportunity for investors, flippers, or buyers looking to create a space of their own, this property is ready for its next chapter. With drywall already installed in the two bedrooms and living room, and the remainder of the home taken down to the studs, you'll have a true blank canvas to customize to your style. Recent updates include new windows in both bedrooms. The electrical system is functional, and natural gas service is available to the home. The roof is currently holding with no known leaks but will likely need replacement in the near future. Outside, you'll find a spacious backyard with neighboring fences providing a sense of enclosure, while the home sits back from the street with a gravel driveway offering off-street parking. There is no basement or garage. A generously sized laundry room offers flexibility and could potentially be converted into a third bedroom, as it was used by a previous owner. Located in a quiet neighborhood with friendly neighbors, this property presents an excellent opportunity to build equity and create a home that's uniquely yours. Bring your ideas and unlock the potential this property has to offer!

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Chester F. Miller SchoolGrades PK-50.1 mi
2/10
Thompson Middle SchoolGrades 6-80.7 mi

Construction

Condition

  • Year built: 1948

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Basement (not specified)

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total interior livable area: 709 sqft

Property

Details

  • Parcel number: 92003213000000

Lot

  • Lot size: 8,712 sqft

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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Inland Flooding
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 $136$1,632
Home Insurance *$42$504
Property Taxes $30$360
Electricity $188$2,259
Total$396$4,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,577/yr
40% on housing$11,880/yr
45% on housing$10,560/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

$38This listing

vs Other Active Listings

Avg $/sqft

ZIP 48602$52
Saginaw County$85

vs Homes Sold Last Month

Median $/sqft

ZIP 48602$71
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
2026-08-14Pending sale$27,000
2026-07-01Price change$27,000
2026-06-09Listed for sale$30,000
2016-12-23Sold$9,000
2013-08-08Sold$7,051
2003-07-14Sold$32,000
2001-05-14Sold$22,000
2000-02-17Sold$52,200

For Sale by Owner

AgentProperty Owner

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