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5454 N River Rd, Freeland, MI, 48623

4beds
2baths
1,944sqft
$258,900
$133price/sqft
$2,144/moest. monthly cost
$85,760/yrincome needed

About This Home

Spacious country living on over 9 acres in desirable Freeland! This unique property is currently set up as a two-unit home, offering great flexibility for investors or those looking to convert it back into a single-family residence. With the potential to be transformed into a 4-bedroom, 2 full bath home, the possibilities here are endless. The property features a newer water filtration system and a full basement, providing plenty of storage space. The back of the property borders the scenic Tittabawassee River, offering beautiful views and a peaceful natural setting. Whether you’re looking for rental income, single Family, or your next renovation project, this home offers a rare opportunity to create something special in a private, country setting.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
--
Freeland Learning CenterGrades PK-12.5 mi

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Basement
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Range/Oven,Refrigerator,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Block,Full,Sump Pump,Unfinished

Bathroom1

  • Features: Linoleum
  • Level: Main
  • Area: 55

Bathroom2

  • Features: Laminate
  • Level: Main

Bedroom1

  • Features: Carpet
  • Level: Main
  • Area: 154

Bedroom2

  • Features: Carpet
  • Level: Main
  • Area: 121

Bedroom3

  • Features: Laminate
  • Level: First
  • Area: 100

Bedroom4

  • Features: Laminate
  • Level: First
  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Carpet
  • Level: Main
  • Area: 99

Family Room

  • Features: Laminate
  • Level: First
  • Area: 272

Features

  • Flooring: Carpet,Laminate,Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,944

Heating & Cooling

  • Heating features: Wall Furnace,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,078
  • Total interior livable area: 1,944 sqft

Kitchen

  • Features: Linoleum
  • Level: Main
  • Area: 132

Living Room

  • Features: Carpet
  • Level: Main
  • Area: 390

Property

Details

  • Parcel number: 29133343401000
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Waterbody name: Tittabawassee River
  • Frontage type: Road
  • Frontage length: 325

Lot

  • Lot size: 9.67 Acres
  • Features: Rural,Easement,Irregular Lot
  • Lot size dimensions: irregular

Parking

  • Total spaces: 2.5
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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

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

How This Home’s Risks Compare

Winter Weather
Cold Wave
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 $1,309$15,708
Home Insurance *$90$1,080
Property Taxes $533$6,396
Electricity $212$2,544
Total$2,144$25,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,508/yr
40% on housing$64,320/yr
45% on housing$57,173/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 48623$167
Saginaw County$85

vs Homes Sold Last Month

Median $/sqft

ZIP 48623$164
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)

Price History

DateEventPrice
2026-05-05Price change$270,000
2026-04-28Price change$299,000
2026-04-17Listed for sale$340,000
2023-03-30Sold$240,000
2023-03-07Pending sale$232,000
2023-03-02Listed for sale$232,000

For Sale by Agent

AgentHechlik Group
BrokerageBerkshire Hathaway HomeServices, Bay City

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