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721 Lyon Street, Saginaw City, MI 48602

CITY OF SAGINAW IN DIV SOUTH OF CASS STREET · Saginaw County

Key Facts

3Beds
2Baths
1,802Sq Ft
1890Year Built
0.12Lot (acres)
1Garage

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!

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1890

Living Area

1,802 sq ft

Lot Size

0.12 acres

Lot Dimensions

55x99

Garage Spaces

1

Days on Market

34

MLS® Listing#

61050210248

Property Features

Appliances

Gas Water HeaterDryerOvenRefrigeratorRangeWasher

Cooling

None

Heating

Forced AirNatural GasSeparate Meters

Basement

Block

Parking

Detached

Construction

Aluminum Siding

Foundation

Block

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$2,357

Parcel Number

17025700000

Affordability Calculator

$21,000

Estimated monthly payment

$559/mo

Principal $84,000 · Est. interest $117,187 over 30 yrs

Location

Map showing the location of 721 Lyon Street, Saginaw City, MI 48602

Points of Interest in Saginaw City, MI

Showing the Saginaw City area map.

Nearby Schools

  • Arthur Hill High School

    Secondary · 0.2 mi away

  • Holy Cross Lutheran School

    School · 0.4 mi away

  • Jerome Elementary School

    Elementary · 0.6 mi away

  • Handley Elementary School

    Elementary · 0.6 mi away

  • Willie Thompson Middle School

    School · 0.6 mi away

  • Herig Elementary School

    Elementary · 1.0 mi away

  • Michigan Lutheran Seminary

    School · 1.0 mi away

  • Jessie Rouse Elementary School

    Elementary · 1.1 mi away

  • Chester Miller Elementary School

    Elementary · 1.1 mi away

  • St Stephen Elementary School

    Elementary · 1.2 mi away

  • Francis Reh Academy

    School · 1.4 mi away

  • St Pauls Lutheran School

    School · 1.4 mi away

  • Thompson Middle School

    Secondary · 1.4 mi away

  • Merrill Park Elementary School

    Elementary · 1.4 mi away

  • Arthur Hill High School

    Secondary · 1.5 mi away

  • Stone Elementary School

    Elementary · 1.7 mi away

  • Longfellow Elementary School

    Elementary · 1.7 mi away

  • Kempton Elementary School

    Elementary · 1.7 mi away

  • Webber Middle School

    School · 1.8 mi away

  • Saginaw Etc English Program

    School · 1.8 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Saginaw City

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Listing Courtesy: Taylored Elite Estates LLC - 9897147802

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Data provided by SaginawBoardofREALTORS. MLS® Listing#61050210248. © 2026EXIT Realty®. All rights reserved.