For Sale
721 Lyon Street, Saginaw, MI 48602
$105,000
MLS # 50210248 (MiRealSource)
Built 18900.12 acres
1 / 21
Listing Description
Turnkey investment opportunity in the heart of Saginaw! This beautifully updated income-producing duplex at 721 Lyon Street is ready for its next owner. Featuring a brand-new roof and complete renovations on both sides, this property offers modern updates with strong rental potential. Each unit has been fully remodeled with fresh finishes, updated interiors, and move-in-ready appeal that tenants will love. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this property checks all the boxes. Conveniently located near local shopping, dining, schools, and major roadways, this duplex combines cash flow potential with peace of mind thanks to the recent improvements. Don’t miss your chance to own a fully renovated, income-producing property in a growing rental market!
Source: SparkMLS
About this home
This 2-bath home built in 1890 sits in Saginaw in Saginaw.
Asking $105,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.12 acres
Year Built1890
Location
CitySaginaw
MunicipalitySaginaw
Zip Code48602
CountySaginaw
Construction & Systems
ConstructionAluminum Siding, Block
HeatingForced Air
Sale & Financing
Listed6/3/2026
Original Price$109,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Parcel #17 0257 00000
Source: SparkMLS
Legal Description
N.WLY.1/2 OF LOT 4,N.WLY.1/2 OF LOT 5,BLK.23,CITY OF SAGINAW IN DIVISION SOUTH OF CASS STREET
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shondra Wilkins
Taylored Elite Estates LLC
Frequently Asked Questions about 721 Lyon Street, Saginaw, MI 48602
What type of financing is accepted for this listing?
Per MLS# 50210248, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 721 Lyon Street, Saginaw, MI 48602 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 721 Lyon Street, Saginaw, MI 48602 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 721 Lyon Street, Saginaw, MI 48602?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Saginaw police department or the Saginaw County sheriff's office.
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Monthly payment$681
Principal & interest$681
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
721 Lyon Street, Saginaw, MI 48602
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Municipality
Saginaw
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