$2,500,000

121 N Woodbridge St Saginaw, MI 48602

$10,000
Closing credit¹
40 full
26,007 sqft
0.8 acres
$96 / sqft
Multi-Family

Property details

About 121 N Woodbridge St

This sale includes multiple properties 40 units in total. 121 N Woodbridge, 24 unit multifamily apartment building (8-2BR units, 16-1 BR units), 2129 Weiss St quadplex (4-2 BR Units), and 2215 Weiss St three quadplex buildings (12-2BR units). Only 2.5% vacancy maintained over the last several years leading up to fall 2024. One unit in the quadplex (2129 Weiss) had a kitchen fire in the spring of 2024. Owner is negotiable on the repairs as it is currently under rehab, it has passed electrical inspections. Current rents are well below market rents! Excluding the current vacancy loss & excess fire damage repairs in 2024, this property is being offered a 7.3% Cap. Woodbridge units have water included with rent, electric is sub metered. Weiss quadplex units have water and heat included with rent, electric is sub metered. No showings without an accepted LOI & Proof of Funds.

Highlights

Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
Size26,007 sqft
BasementYes
Lot size0.75 Acres
Year built1966
ParkingCarport
MLS #20250011601

Summary

  • MLS Number: 20250011601
  • MLS Name: Realcomp II Ltd
  • Office Name: Real Broker LLC
  • Office Phone: (517) 200-3245
  • Listing Agent: Christopher G Gustafson, Abigail Gustafson

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,500,000

121 N Woodbridge St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 30, 2024
Home Sold
$640,000

Tax history

YearAssessmentProperty Tax
2024$355,800$21,492
2023$326,800$21,133
2022$289,600$21,133
2021$270,400$16,766
2020$272,600$15,292
2018$260,590$15,095

History based on county public records data.

Nearby schools

1

Herig School

Public District PK-6

0.4 mi

1905 Houghton Ave

10

Handley School

Public Magnet PK-5

0.7 mi

224 N Elm St

2

Chester F Miller School

Public District PK-6

1.1 mi

2020 Brockway St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,843. Most Saginaw, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
31%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 121 N Woodbridge St in Saginaw, MI and zip code 48602. This 26,007 square foot home, which was built in 1966, sits on a 0.75 acre lot. Features: 40 bathrooms. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $2,500,000.

Saginaw, MI housing market in January 2025 saw over 13 listings sold above listed price, more than 4 sold at listed price and over 43 sold below. The number of homes for sale in Saginaw, MI increased by 2.2% between December and January 2025. Listings spent 41 days on the market in January 2025, and had a median list price of $147,104 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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