Landlords/Investors, enjoy the guaranteed rental payments with this Section 8 rental property. This 3-bedroom property has undergone many recent updates. Section 8 pays $1184 directly to the owner. Do Not Disturb tenants! Serious buyers only!
Single-familyProperty Type
1949Year Built
6,098 sq ftLot Size
$49Price/Sq.Ft.
1 car garageParking
Listed by Vincent Manganello• Great Lakes Real Estate Agency LLC
Butnam-Fish, located between the Saginaw River and I-675, is a historic and industrial Saginaw neighborhood with riverfront edges and a grid of older streets. The neighborhood’s character concentrates around the Hamilton Street corridor near the river, where small storefronts, civic buildings, and event-day foot traffic set the tone. Brick commercial blocks and modest early-20th-century houses share the landscape with working waterfront infrastructure. The Japanese Cultural Center, the Castle Museum of Saginaw County History, and the Dow Event Center act as cultural anchors nearby. Streets lead toward riverwalk views and downtown venues, giving daily routines a walkable, city-core rhythm.
Provided by Walk Score and Local Logic
Market insights
1509 Monroe St · $99,000
DAYS ON MARKET
458 days
The average home goes pending in 24 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
LIST PRICE
$99,000
Median list price in this area is $197,061. (99% higher than this home)
PRICE DROP
0 price drops
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
6 total rooms
Unfinished basement
Bedrooms
Bedroom 1 (Entry): 10 x 15
Bedroom 2 (Entry): 12 x 10
Bedroom 3 (Second): 10 (width listed as W=10)
Bathrooms
1 full bathroom (Entry level)
1 total bath/lavatory
Kitchen
Kitchen at entry level, approximately 12 x 12
Laundry & utility
Basement present (unfinished)
Heating & cooling
Forced air heating
Natural gas fuel
Exterior features
Aluminum and vinyl siding
Paved street access
60 ft frontage
Home design
Residential 1 1/2-story home
Built in 1949
Parking
Attached garage with 1 parking space
Construction
Basement foundation
Utilities
Public water
Financial info
Property has a lease
Electricity and solar
View estimated energy costs and solar savings for this home
Landlords/Investors, enjoy the guaranteed rental payments with this Section 8 rental property. This 3-bedroom property has undergone many recent updates. Section 8 pays $1184 directly to the owner. Do Not Disturb tenants! Serious buyers only!
MiRealSource-MiMLS #60400674
Jun 5, 2025
Listed
$99,000
$49/sq ft
Public Records
Dec 1, 2021
Sold
$100,000
$50/sq ft
Greater Lansing AoR #31359992
Feb 7, 2019
Sold
$14,000
$7/sq ft
Feb 7, 2019
Sold
$14,000
$7/sq ft
Jan 11, 2019
Pending
—
Dec 20, 2018
Price Changed
$17,900
$9/sq ft
Nov 6, 2018
Price Changed
$19,900
$10/sq ft
Oct 31, 2018
Price Changed
$21,900
$11/sq ft
Sep 14, 2018
Listed
$17,900
$9/sq ft
Sep 14, 2018
Listed
$24,900
$12/sq ft
REALCOMP #61031359992
Feb 7, 2019
Sold
$14,000
$7/sq ft
Sep 14, 2018
Listed
$17,900
$9/sq ft
All offers must be submitted by the Buyer’s agent online via the RES. NET Agent Portal. Offers submitted by any other means will not be considered. To submit your Buyer’s offer, simply click on the link below. If you already have a RES. NET Agent Account you will be prompted to sign in. If not , you will be prompted to create an account. To begin, click or paste this link into your browser: https://agent. res.net/offers. aspx?-5624587 This home has lots of potential. Featuring 3 bedrooms bath and a half. Not one but Two fireplaces for your enjoyment. Yes the home requires some updating. However, the roof has newer shingles. With a little bit of effort this home will be a dream home.
Greater Lansing AoR #31237057
Aug 3, 2015
Sold
$4,755
$2/sq ft
Aug 3, 2015
Sold
$4,755
$2/sq ft
Jun 10, 2015
Listing Removed
—
Apr 9, 2015
Listed
$10,000
$5/sq ft
Apr 9, 2015
Listed
$10,000
$5/sq ft
REALCOMP #61031237057
Aug 3, 2015
Sold
$4,755
$2/sq ft
Apr 9, 2015
Listed
$10,000
$5/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,188 (+2.7%)
2024
$2,132 (+28.9%)
2023
$1,654 (+1.7%)
2022
$1,627 (−2.4%)
2021
$1,666 (+29.8%)
2020
$1,283 (+0.4%)
2019
$1,278 (−8.4%)
2018
$1,395 (−9.7%)
2017
$1,545 (+5.4%)
2016
$1,466 (−22.4%)
2015
$1,889 (+41.7%)
2014
$1,333
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,055 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,503
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,503
Year built
1949
Style
Single Family Residential
County
Saginaw County
APN
92-00-2-14-1000-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 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 4873
Average low and high temperatures (°F)
27
15
33
19
49
30
60
39
67
47
80
60
84
66
80
61
77
56
66
45
48
36
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1509 Monroe St
$90,990
$8,010 under list price of $99K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $67K to $115K.