#20250020802, Danny OBrien, Listing Office: Wentworth Real Estate Group
609 E Paterson St Flint, MI 48505
Property details
About 609 E Paterson St
Great opportunity for investors! This 5-unit multifamily property is ideally located near the University of Michigan – Flint campus and offers strong rental potential. The building includes four fully rented 1-bedroom units, plus a vacant 2-bedroom unit ready for a new tenant or owner-occupant. Tenants pay for their own electricity, with electric water heaters, baseboard heating, and stoves in each unit.
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Attached Garage: No
- Architectural Style: Common Entry Building
- Heating: Forced Air, Natural Gas
- List Price: $250,000
- Price/SqFt: $86
- Annual Tax Amount: $3,958
- Tax Year: 2024
- Directions: Take Saginaw Street North From Downtown Flint, Make A Left On Paterson
- Year Built: 1923
- Living Area: 2,888 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 20250023186
- MLS Name: Realcomp II Ltd
- Office Name: Wentworth Real Estate Group
- Office Phone: (810) 955-6600
- Listing Agent: Danny OBrien
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Last updated on: 5/1/2025, 2:27:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$250,000
609 E Paterson St
$2,969
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 08, 2021 | Home Sold | $147,000 |
Nov 26, 2019 | Home Sold | $75,000 |
Jun 18, 2007 | Home Sold | $68,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $62,800 | $3,958 |
2023 | $55,900 | $- |
2022 | $38,100 | $- |
2021 | $36,700 | $- |
2019 | $35,100 | $1,778 |
2018 | $35,100 | $1,701 |
2017 | $30,000 | $1,646 |
History based on county public records data.
Nearby schools
3
Doyle-Ryder Elementary School
Public Magnet KG-6
0.5 mi
•1040 N Saginaw St
4
Durant-Tuuri-Mott Elementary School
Public Magnet KG-6
1.5 mi
•1518 University Ave
5
Pierce Elementary School
Public Magnet KG-6
2.1 mi
•1101 W Vernon Dr
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 $18,214. Residents of Flint, MI typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
Living in Flint, MI
Flint's transportation infrastructure includes a public bus system that serves the city and its surrounding areas, with varying frequencies depending on the route and time of day. The city is also navigable by car, with a network of roads and highways that connect residents to the greater Genesee County and beyond. While ride-sharing services are available, the city continues to explore ways to enhance mobility for its residents, including improvements to walkability and bikeability in certain areas.
The community benefits from a network of educational institutions, including several public schools at the elementary, middle, and high school levels, as well as private schools that cater to different educational needs. Flint is home to healthcare facilities that offer a range of services from primary care to specialized treatments. The public library system serves as a hub for learning and community engagement, and the city's retail and dining establishments reflect the local culture and cuisine.
Flint prides itself on its rich industrial heritage and is celebrated for its resilience and community spirit. The city hosts a variety of events throughout the year that showcase its cultural diversity and local talent, including music festivals and art fairs. These gatherings not only provide entertainment but also strengthen the communal bonds and reflect the city's character.
Flint's housing market offers a diverse array of options, with single-family homes being a significant component, reflecting a mix of architectural styles from classic mid-century to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various living preferences. The area features a homeownership rate that is reflective of both long-term residents and newcomers seeking affordable housing opportunities.
About 609 E Paterson St
This home is located at 609 E Paterson St in Flint, MI and zip code 48505. This 2,888 square foot home, which was built in 1923, sits on a 0.14 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $250,000.
In March 2025 more than 31 listings in Flint, MI were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 48 were sold below. The inventory of homes for sale in Flint, MI between February and March 2025 increased by 5.3%. In March 2025 median list price was $81,965 and the average listing age was 44 days.