1500 Center Avenue, Bay City, MI 48708

Bay City
Local realty services provided by:ERA Reardon Realty
1500 Center Avenue,Bay City, MI 48708
$399,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: drew denham
Office: keller williams gr north
MLS#:26031029
Source:MI_MICHRIC

Price summary

  • Price:$399,900

About this home

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 opportunity to increase income over time while acquiring a well-maintained asset in a highly desirable location. Whether you're looking for a long-term hold or a value-add investment, 1500 Center...

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Home facts

  • Year built:1900
  • Listing ID #:26031029
  • Added:54 day(s) ago
  • Updated:August 16, 2026 at 03:35 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Year built:1900
  • Lot area:0.62 Acres
  • Construction Materials:Vinyl Siding, Wood Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Tax amount:$4,225 (2025)

Parking

  • Total parking spaces:5

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