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1002 S Michigan Ave, Saginaw, MI, 48602

3beds
2baths
1,809sqft
$93,000
$51price/sqft
$915/moest. monthly cost
$36,600/yrincome needed

About This Home

See this classic home in the heart of Saginaw City, sporting original wood trim, floors, and classic glass doors. Converted into a duplex, it has gained utilities without losing any charm. Classic tile bathrooms and tile in the entry ways, original wounding banister, a full basement, and a plenty of parking. See this property today before it is gone!

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

2/10
Herig SchoolGrades PK-51.2 mi
2/10
Thompson Middle SchoolGrades 6-81.6 mi

Construction

Materials

  • Foundation: Basement
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Range/Oven,Refrigerator,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Block

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,809
  • Total interior livable area: 1,809 sqft

Property

Details

  • Parcel number: 18 1118 00000
  • Special condition: Private

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Sidewalks

Lot

  • Lot size: 4,791 sqft
  • Features: Main Street
  • Lot size dimensions: 60 x 80

Parking

  • Total spaces: 3
  • Parking features: 3 or More Spaces,Covered,Carport
  • Carport: Yes

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
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Inland Flooding
Strong Wind
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 $470$5,640
Home Insurance *$145$1,740
Property Taxes $103$1,236
Electricity $197$2,367
Total$915$10,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,371/yr
40% on housing$27,450/yr
45% on housing$24,400/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

$51This 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
2026-08-13Price change$90,000
2026-06-18Price change$93,000
2026-05-30Listed for sale$94,900

For Sale by Agent

AgentHeather Shephard
BrokeragePinnacle Realty

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