new - 5 days on rocket

510 Rodd St, Midland, MI, 48640

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,374 SqFt
$801/SqFt
Multi

Location

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510 Rodd St, Midland$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingForced Air
BasementYes
MLS #50162555
Lot Size0.16 Acres
StatusActive

About 510 Rodd St

Excellent investment opportunity. Two Great Properties. 510 N Rodd Duplex-Great rental history with both units tenants 5+ years. Perfect location on Rodd St offers quick access to all that Midland has to offer! AND 417 S Saginaw. 4 (potentially more) large commercial units, 2 currently rented with long term reliable tenants. 7 Residential Apartments upstairs with great rental history and on time payment. Commercial property is located in a high traffic area between S Saginaw Rd and Cambridge, with great access and parking. Diverse, established revenue base, and great potential for substantial added revenue. New businesses and investment has reinvigorated this area. Now is the time to take advantage of all that this great location has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,374 SqFt

Listing Office:

  • Office Name: Ayre/Rhinehart-Midland
  • Office Phone: (989) 631-7000
  • Listing Agent: Kyle Skinner

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

School District Information:

  • School District: Midland Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $801/SqFt

Tax Information:

  • Annual Amount: $1,904
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Midland, MI.

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Midland, MI

City

Med. Sold Price

$240K

Med. Price/SqFt

$131

Avg. Days On Market

21

# of Sold Homes

23

510 Rodd St vs Midland

5 DAYS ON ROCKET

-16 Days

$1,100,000

+$860K More

$801/SqFt

+$669 More

KEY TAKEAWAY

This property is $860K more than the Median Sold Price and $669/SqFt more than other homes in Midland, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Bay County REALTOR Association
  • MLS Number: #50162555

Listing Office:

  • Office Name: Ayre/Rhinehart-Midland
  • Office Phone: (989) 631-7000
  • Listing Agent: Kyle Skinner

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,904$43,800
2020$1,876$41,600
2019$1,825$41,600
2018$1,781$41,100
2017$1,758$35,600

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1769059
5
/10

  • Central Park Elementary School

  • 1400 Rodd St

  • 0.44 miles

  • Public Magnet Grades KG-5

school-card-donut-1769060
7
/10

  • Plymouth Elementary School

  • 1105 E Sugnet Rd

  • 1.88 miles

  • Public Magnet Grades KG-5

school-card-donut-1769061
6
/10

  • Siebert Elementary School

  • 5700 Siebert St

  • 2.43 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,273. Most Midland, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Midland County›Midland›48640›510 Rodd St

This home is located at 510 Rodd St in Midland, MI and zip code 48640. This 1,374 square foot home, which was built in 1920, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $1,100,000.

While more than 7 listings in Midland, MI in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 14 were sold below. In November 2024 in Midland, MI there were 13.9% less homes for sale than in October 2024. In November 2024 median list price was $240,000 and the average listing age was 21 days.

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

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