1500 Center Avenue
Bay City, Michigan 48708
7
Bed
0
Bath
0.62Acre(Lot)
Welcome to 1500 Center Ave! A rare opportunity to acquire a 7-unit apartment building in the heart of Bay City's historic Center Avenue corridor. Owned by the same family for the past 30 years, this property offers stable occupancy and significant upside potential.Recent improvements include a complete rebuild of the steam boiler system, a new porch roof, and a new garage roof, helping reduce future capital expenditure needs.Located on one of Bay City's most iconic streets, the property is fully occupied and benefits from strong rental demand in the area. The property also features a detached garage and off-street parking, amenities that are increasingly difficult to find in historic multifamily properties.With below-market rents and long-term ownership, investors will appreciate the oppor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility,Cable Available Roof: Composition -
Heating & Cooling
Cooling: Wall Unit(s) Heating: Steam Heating Fuel: Natural Gas
-
Building Information
Year Built: 1900 Total Units: 7 Roof: Composition -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.62 Lot Dimensions: 100x135 Frontage Feet: 100 -
Property Information
Financing: Cash,Other
-
Listing Price Information
Original List Price: $425,000 -
Listing Information
Possession: At Close Legal Description: LOTS 10 & 11 & N 35 FT OF LOT 9 BLK 7 JAMES FRASERS 1ST ADD TO BC S OF CENTER AVE
-
Tax Information
Annual Tax: $4,225 Parcel Number: 0916002235800100Possession
At CloseLegal Information
Legal Description: Section: LOTS 10 & 11 & N 35 FT OF LOT 9 BLK 7 JAMES FRASERS 1ST ADD TO BC S OF CENTER AVE
-
Unit 1 Information
# of Bedrooms: 7
-
School Information
School District: Bay City -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2311 22nd Street , Bay City, MI, 48708 | $425,000 | -- | 4 | 3,132 | 3,132 SqFt |
| 110 N Madison Avenue , Bay City, MI, 48708 | $196,900 | -- | 2 | 2,090 | 2,090 SqFt |
Similar Multifamily To 1500 Center Avenue
Nearby For Sale
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 06/24/2026 @ 09:34
More Cities with for Sale by Owner Homes
- Bay City Homes For Sale By Owner
- Essexville Homes For Sale By Owner
- Auburn Homes For Sale By Owner
- Linwood Homes For Sale By Owner
- Freeland Homes For Sale By Owner
- Saginaw Homes For Sale By Owner
- Pinconning Homes For Sale By Owner
- Fairgrove Homes For Sale By Owner
- Midland Homes For Sale By Owner
- Bridgeport Homes For Sale By Owner
- Frankenmuth Homes For Sale By Owner
- Hemlock Homes For Sale By Owner
- Hope Homes For Sale By Owner
- Vassar Homes For Sale By Owner
- Burt Homes For Sale By Owner
- Birch Run Homes For Sale By Owner
- Sanford Homes For Sale By Owner
- Saint Charles Homes For Sale By Owner
- Merrill Homes For Sale By Owner
- Standish Homes For Sale By Owner
Homes around $425,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.