4915 Hedgewood Dr Midland, MI 48640
Property details
About 4915 Hedgewood Dr
LIVE THE LAVISH LIFESTYLE! The Lavish Style Studios Salon building is ready for the next entrepreneur! Move your own business right in or lease it up into a cash flowing investment property. The layout features 6 individual suites with a potential gross monthly rent of over $5,250+ when fully leased. Suites 1 and 2 are occupied by Vital Hydr8 which has a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs. Suites 3-6 have signed leases through the end of 2025 bringing in approximately $3,200+ per month currently (tenants pay by the week). This 1,534 square foot one story building was built in 1978 and updated in 2024 including a brand new roof. The landlord provides lawn care, snow removal, utilities and some basic interior common area maintenance. Call today for your own private showing!
Highlights
Summary
- MLS Number: 61050170344
- MLS Name: Saginaw Board of REALTORS
- Office Name: Modern Realty
- Office Phone: (989) 486-9770
- Listing Agent: Logan Richetti
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Last updated on: 4/12/2025, 3:52:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,000
4915 Hedgewood Dr
$5,094
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $76,700 | $3,877 |
| 2023 | $97,200 | $4,071 |
| 2022 | $68,700 | $4,067 |
| 2021 | $70,800 | $4,816 |
| 2020 | $86,600 | $4,744 |
| 2019 | $82,100 | $4,646 |
| 2018 | $84,800 | $4,722 |
History based on county public records data.
Nearby schools
8
Woodcrest Elementary School
Public Magnet KG-5
1.4 mi
•5500 Drake St
6
Siebert Elementary School
Public Magnet KG-5
2.4 mi
•5700 Siebert St
5
Central Park Elementary School
Public Magnet KG-5
3.1 mi
•1400 Rodd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,875. The majority of Midland, MI residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
College Football
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
Frequently asked questions
About 4915 Hedgewood Dr
This home is located at 4915 Hedgewood Dr in Midland, MI and zip code 48640. This 1,534 square foot home, which was built in 1978, sits on a 0.56 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $429,000.
Over 5 listings were sold over their listed price in March 2025 in Midland, MI. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Midland, MI increased by 20.9% between February and March 2025. The median list price of listings available in March 2025 was $240,000, while the average time on the real estate market was 30 days.