$319 Closing Credit¹
#20250025426, Roy Frank, Listing Office: Metro Plus Realty, LLC
$250,000 List price
609 E Paterson St Flint, MI 48505
$2,969
Closing credit¹
5 full
2,888 sqft
0.1 acres
$87 / sqft
Multi-Family
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
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,888 sqft
BasementYes
Lot size0.14 Acres
Year built1923
MLS #20250023186
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
Disclaimer: 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: 5/23/2025, 11:20:34 AM 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
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The most common annual income of people living in Flint, MI is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
74%
<35k
24%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
24%
Single, with Kids
13%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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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.
While more than 25 listings in Flint, MI in April 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 56 were sold below. Between March and April 2025, Flint, MI real estate market has seen increase in the number of listings by 7.3%. The median list price of listings available in April 2025 was $80,140, while the average time on the real estate market was 65 days.
From Rocket Homes Real Estate and based on county public records data.