Looking for a great investment with positive cash flow? Here you go!! Tenant pays $1100/month (long term tenant) and pays all utilities, lawn, and snow. Home is very well maintained.
Single-familyProperty Type
1922Year Built
3,484 sq ftLot Size
$45Price/Sq.Ft.
Listed by Monique Gilbert• Keller Williams Preferred
Northmoor, located between North Center Road and State Street, is a residential and suburban Saginaw neighborhood with mid-century ranch homes and leafy, curving streets. The neighborhood’s energy concentrates around the State Street corridor near the I-675 ramps, where auto shops, corner markets, and everyday services set a practical, on-the-go tone. Brick facades, deep setbacks, and mature trees give many blocks a quiet, established feel. For a cultural anchor, the Castle Museum of Saginaw County History adds local context a short drive away downtown. The Saginaw Art Museum and the Temple Theatre bring gallery nights and performances into the neighborhood’s orbit. Green space and riverfront paths nearby round out a routine built around errands, parks, and downtown events.
Provided by Walk Score and Local Logic
Market insights
1321 Reed St · $70,000
DAYS ON MARKET
1 days
The average home goes pending in 27 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
LIST PRICE
$70,000
Median sale price in this area is $186,115. (166% higher than this home)
PRICE DROP
0 price drops
32% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Bedrooms
Two bedrooms, both on the first floor
Bathrooms
One full bathroom on the first floor
Laundry & utility
Basement
Heating & cooling
Forced-air heating
Natural gas heat
Exterior features
Road frontage
Home design
One-story home
Construction
Aluminum exterior
Michigan basement foundation
Built in 1922
Utilities
Public water
Public sanitary sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Looking for a great investment with positive cash flow? Here you go!! Tenant pays $1100/month (long term tenant) and pays all utilities, lawn, and snow. Home is very well maintained.
MiRealSource-MiMLS #50225134
Oct 16, 2026
Listed
$70,000
$45/sq ft
APPFOLIO #1
Jan 5, 2026
Rental Removed
$1,100
$1/sq ft
Nov 27, 2025
Listed for Rent
$1,100
$1/sq ft
MiRealSource-MiMLS #50134730
Apr 10, 2024
Sold
$48,000
$31/sq ft
Mar 27, 2024
Pending
—
Mar 27, 2024
Relisted
—
Mar 22, 2024
Pending
—
Mar 1, 2024
Listed
$49,900
$32/sq ft
REALCOMP #61050134730
Apr 10, 2024
Sold
$48,000
$31/sq ft
Mar 27, 2024
Pending
—
Mar 27, 2024
Relisted
—
Mar 22, 2024
Pending
—
Mar 1, 2024
Listed
$49,900
$32/sq ft
Ready to move into, 2 bedroom, 1 bath cute bungalow with fresh paint and new carpet. Great investment for a rental or first home. Call today for your private showing!
MiRealSource-MiMLS #31397904
Jul 17, 2020
Sold
$25,500
$16/sq ft
May 28, 2020
Pending
—
Apr 14, 2020
Price Changed
$28,500
$18/sq ft
Jan 7, 2020
Price Changed
$29,999
$19/sq ft
Oct 17, 2019
Listed
$31,500
$20/sq ft
Oct 17, 2019
Listed
$28,500
$18/sq ft
REALCOMP #61031397904
Jul 17, 2020
Sold
$25,500
$16/sq ft
May 28, 2020
Pending
—
Apr 13, 2020
Price Changed
$28,500
$18/sq ft
Jan 7, 2020
Price Changed
$29,999
$19/sq ft
Oct 17, 2019
Listed
$31,500
$20/sq ft
MiRealSource-MiMLS #20049785
Dec 1, 2006
Sold
$35,100
$22/sq ft
Aug 31, 2006
Listing Removed
—
Aug 29, 2006
Listed
$38,900
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,482 (+37.0%)
2024
$1,082 (+7.2%)
2023
$1,009 (+1.7%)
2022
$992 (+6.3%)
2021
$934 (+12.0%)
2020
$834 (−0.4%)
2019
$837 (+6.2%)
2018
$788 (+4.4%)
2017
$755 (−1.8%)
2016
$768 (−23.3%)
2015
$1,001 (−24.5%)
2014
$1,325
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
3,659 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
723
Unfinished Sq. Ft.
—
Total Sq. Ft.
723
Year built
1922
Style
Single Family Residential
County
Saginaw County
APN
91-30-2-14-3000-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Saginaw, MI • 48602
Average low and high temperatures (°F)
27
15
33
19
49
30
60
39
67
47
80
60
85
66
80
61
76
55
66
45
48
36
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1321 Reed St
$69,051
$949 under list price of $70K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $32K to $90K.