310 N Bridge St · Linden, MI 48451

$139,900

6 bd · 4.0 ba · 1,496 sqft · SingleFamily · 40 Days on market

Built 1850 7,841 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.0/30.0
• DSCR +9.9/10.0
• 1% rule +8.8/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This prime downtown Linden duplex at 310 N Bridge Street is in a fantastic location - literally steps from everything downtown has to offer. You truly can't get any closer to the heart of historic Linden, with true walkability to shops, restaurants, parks, the Mill Pond, and the Shiawassee River. While the home needs some cosmetic updates and actual work, it is priced more than $50,000 below comparable properties, presenting a tremendous opportunity for an investor or handyman willing to put in effort. The duplex is currently fully occupied with tenants paying well below market rent on month-to-month leases, providing immediate cash flow and excellent flexibility for the new owner. After some updates, projected rents are approximately $2,100+ per month total, with the larger lower unit at around $1,200/month+ and the smaller upper unit at $900/month+. The property features a brand new water heater, a laundry room in the downstairs unit, separate gas and electric meters (tenants pay their own gas and electric), and the seller currently covers water and sewer at approximately $150 per month. This duplex is sold as-is and offers great potential for value-add in one of Linden's most convenient locations.

Key facts

• Walkability to shops
• Walkability to parks
• 7,841 sq ft lot

Tags

• PRIME DOWNTOWN LOCATION
• WALKABILITY TO SHOPS
• WALKABILITY TO RESTAURANTS
• WALKABILITY TO PARKS
• WALKABILITY TO MILL POND
• FULLY OCCUPIED WITH TENANTS

Property features AI

Finance

• Other: Lot dimensions approximately 59 x 118 x 59 x 118 (0.18 acres); Zoned MultiFamily
• Financial info: Property listed as Residential Income / Multi Family; Two rental units: one 2-bedroom (actual rent $600), one 1-bedroom (actual rent $500)

Exterior

• Parking: Garage; Shared driveway
• Utilities: Public water; Public sewer; Electric with circuit breakers
• Home design: Multi-family residential property; Two-story building; Original subdivision of Village of Linden
• Construction: Aluminum siding; Asphalt roof; Built on a foundation with a basement; Built area above grade: 1,496 finished square feet
• Exterior features: Paved road access; Pets allowed

Interior

• Kitchen: No specific kitchen appliance list provided
• Bedrooms: One 2-bedroom unit; One 1-bedroom unit
• Bathrooms: Two full bathrooms (one in each unit)
• Heating & cooling: Forced air heating (natural gas); No central cooling
• Interior features: Gas water heater; Unfinished basement
• Laundry & utility: In-unit laundry; Shared laundry room

What this means for you Summary

Snapshot

• This is a 6-bed/4.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $434 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 1.8% in Linden — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#170 in MI, #4,456 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Linden Community Schools (suburban): math 38% / reading 54% proficiency, ranked #119 of 540 in MI (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Linden Elementary School (math 37% / reading 42%, grade F, #606 of 1,397 statewide, top 48%, 309 students, 36% FRL); Linden Middle School (math 36% / reading 52%, grade D, #173 of 493 statewide, top 36%, 583 students, 31% FRL); Linden High School (math 37% / reading 62%, grade D, #154 of 713 statewide, top 25%, 852 students, 26% FRL).
• Market conditions: 223 active listings in the ZIP; 419 units permitted in Genesee County in 2024 (68 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 40 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; list at $140k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1850 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $135,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1850 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.38% ✓
• Cap rate: 10.01%
• Cash-on-cash: 13.29%
• DSCR: 1.59
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.3%
• Equity multiple: 1.13×
• Total profit: $5,059
• Equity at exit: $20,860

10-year hold

• IRR: 12.9%
• Equity multiple: 2.03×
• Total profit: $40,404
• Equity at exit: $12,096

Cash invested: $39,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48451

• Active inventory: 223
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,931 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$300 /mo · $3,601/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $434

Break-even live

Break-even rent $1,382

Max offer price $139,900

Occupancy floor 73%

Sensitivity live

Price	-10% $513	-5% $473	+0% $434	+5% $394	+10% $355
Rent	-10% $281	-5% $357	+0% $434	+5% $510	+10% $586
Rate	-1.0pp $504	-0.5pp $469	base $434	+0.5pp $397	+1.0pp $361

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-05-31
   status $139,900 Pending 40 DOM
2. 2026-05-31
   days on market $139,900 Active 40 DOM
3. 2026-05-30
   days on market $139,900 Active 39 DOM
4. 2026-04-28
   historical Accepting Backup Offers 1221-char remark

   Show marketing remark (1221 chars)

   This prime downtown Linden duplex at 310 N Bridge Street is in a fantastic location - literally steps from everything downtown has to offer. You truly can't get any closer to the heart of historic Linden, with true walkability to shops, restaurants, parks, the Mill Pond, and the Shiawassee River. While the home needs some cosmetic updates and actual work, it is priced more than $50,000 below comparable properties, presenting a tremendous opportunity for an investor or handyman willing to put in effort. The duplex is currently fully occupied with tenants paying well below market rent on month-to-month leases, providing immediate cash flow and excellent flexibility for the new owner. After some updates, projected rents are approximately $2,100+ per month total, with the larger lower unit at around $1,200/month+ and the smaller upper unit at $900/month+. The property features a brand new water heater, a laundry room in the downstairs unit, separate gas and electric meters (tenants pay their own gas and electric), and the seller currently covers water and sewer at approximately $150 per month. This duplex is sold as-is and offers great potential for value-add in one of Linden's most convenient locations.

5. 2026-04-27
   historical Active Under Contract
6. 2026-04-21
   listed $150,000 Active 1221-char remark

   Show marketing remark (1221 chars)

   This prime downtown Linden duplex at 310 N Bridge Street is in a fantastic location - literally steps from everything downtown has to offer. You truly can't get any closer to the heart of historic Linden, with true walkability to shops, restaurants, parks, the Mill Pond, and the Shiawassee River. While the home needs some cosmetic updates and actual work, it is priced more than $50,000 below comparable properties, presenting a tremendous opportunity for an investor or handyman willing to put in effort. The duplex is currently fully occupied with tenants paying well below market rent on month-to-month leases, providing immediate cash flow and excellent flexibility for the new owner. After some updates, projected rents are approximately $2,100+ per month total, with the larger lower unit at around $1,200/month+ and the smaller upper unit at $900/month+. The property features a brand new water heater, a laundry room in the downstairs unit, separate gas and electric meters (tenants pay their own gas and electric), and the seller currently covers water and sewer at approximately $150 per month. This duplex is sold as-is and offers great potential for value-add in one of Linden's most convenient locations.

7. 2026-04-21
   listed $150,000 Active

   Show marketing remark (1221 chars)

   This prime downtown Linden duplex at 310 N Bridge Street is in a fantastic location - literally steps from everything downtown has to offer. You truly can't get any closer to the heart of historic Linden, with true walkability to shops, restaurants, parks, the Mill Pond, and the Shiawassee River. While the home needs some cosmetic updates and actual work, it is priced more than $50,000 below comparable properties, presenting a tremendous opportunity for an investor or handyman willing to put in effort. The duplex is currently fully occupied with tenants paying well below market rent on month-to-month leases, providing immediate cash flow and excellent flexibility for the new owner. After some updates, projected rents are approximately $2,100+ per month total, with the larger lower unit at around $1,200/month+ and the smaller upper unit at $900/month+. The property features a brand new water heater, a laundry room in the downstairs unit, separate gas and electric meters (tenants pay their own gas and electric), and the seller currently covers water and sewer at approximately $150 per month. This duplex is sold as-is and offers great potential for value-add in one of Linden's most convenient locations.

8. 2019-07-02
   soldstatus $80,000
9. 2019-06-24
   soldstatus $80,000 Sold 254-char remark

   Show marketing remark (254 chars)

   Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

10. 2019-06-24
    soldstatus $80,000 Closed

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

11. 2019-05-12
    status Pending

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

12. 2019-05-12
    status Pending 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

13. 2019-05-06
    price $87,500

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

14. 2019-05-06
    price $87,500 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

15. 2019-03-05
    price $99,900
16. 2019-03-04
    price $99,900 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

17. 2019-03-04
    status Active

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

18. 2019-03-04
    status Active 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

19. 2018-11-16
    status Pending

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

20. 2018-11-16
    status Pending 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

21. 2018-10-31
    listed $109,900 Active 254-char remark

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

22. 2018-10-31
    listed $109,900 Active

    Show marketing remark (254 chars)

    Rental opportunity in downtown Linden. Currently fully rented. Property is a Handyman's dream, and the location makes this a wise business choice. Linden is consistently a high-demand area and rental demand is strong. Take this opportunity while you can!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,601 · $300/mo
• Projected year-2 tax: $3,601 · $300/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,175
• − Mortgage interest: −$7,837
• − Property taxes: −$3,601
• − Insurance: −$700
• − Repairs & maintenance: −$1,854
• − Management: −$1,854
• − Depreciation: −$4,070
• Taxable income: $3,261
• Est. tax owed @ 24.0%: −$783
• After-tax cash flow: $4,422/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Linden Community Schools
• NCES district ID: 2621690
• Math proficiency: 38% ▼ -18.00%
• Reading proficiency: 54% ▼ -10.00%
• Median HH income: $69,129
• Composite: 41.24/100
• National rank: #3532
• State rank: #119 of 540 in MI

Livability — Linden

• Score: 74/100
• State rank: #170
• US rank: #4456

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Linden, MI
• Population (ZIP): 15,993

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 3% Black 2% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Lithuanian 4% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Arabic 2% Spanish 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -218.03%
• Current HPI: 260.4332
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+36.5% since first listed

19 events — show timeline

• 2026-04-28 Contingent — MiRealSource-MiMLS
• 2026-04-27 Contingent — REALCOMP
• 2026-04-21 Listed $150,000 REALCOMP
• 2026-04-21 Listed $150,000 MiRealSource-MiMLS
• 2019-07-02 Sold (Public Records) $80,000 Public Records
• 2019-06-24 Sold (MLS) $80,000 MiRealSource-MiMLS
• 2019-06-24 Sold (MLS) $80,000 REALCOMP
• 2019-05-12 Pending — MiRealSource-MiMLS
• 2019-05-12 Pending — REALCOMP
• 2019-05-06 Price Changed $87,500 MiRealSource-MiMLS
• 2019-05-06 Price Changed $87,500 REALCOMP
• 2019-03-05 Price Changed $99,900 MiRealSource-MiMLS
• 2019-03-04 Price Changed $99,900 REALCOMP
• 2019-03-04 Relisted — MiRealSource-MiMLS
• 2019-03-04 Relisted — REALCOMP
• 2018-11-16 Pending — MiRealSource-MiMLS
• 2018-11-16 Pending — REALCOMP
• 2018-10-31 Listed $109,900 MiRealSource-MiMLS
• 2018-10-31 Listed $109,900 REALCOMP

Property tax history

+7.9%/yr

Latest (2025): $3,601 · +2.5% YoY. Source: county tax records.