Property Type:
Multi Family
Lot Size (sq. ft.):
27,007
Status:
Active
Current Price:
$425,000
List Date:
6/22/2026
Last Modified:
6/23/2026
1500 Center Avenue, Bay City, MI 48708
New Listing
$425,000
Overview
Description
Supplements:
Listing Details MLS# 26031029
Location Property Info
- County
- Bay
- Street #
- 1500
- Street Name
- Center
- Suffix
- Avenue
- State
- MI
- Zip Code
- 48708
- Zip (4)
- 5101
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 27007
- Lot Acres
- 0.62
- Lot Dimensions
- 100x135
- Year Built
- 1900
- New Construction
- No
- Cert of Compliance
- No
- Road Frontage
- 100
- Total # Units
- 7
- # of Diff Unit Floor Plans
- 7
- Total # Bldgs
- 2
- Total Parking Spaces
- 5
- Waterfront
- No
- School District
- Bay City
- Association YN
- No
- Basement
- Yes
Tax Info
- Tax ID #
- 09-160-022-358-001-00
- Taxable Value
- 67031
- SEV
- 125050
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 4224.63
- Tax Year
- 2025
- Spec Assessment & Ty
- none known
- Zoning
- Commercial
- Homestead %
- 0
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- Yes
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 700
- Bathrooms
- 2
- Full Baths
- 2
More Information
Unit 2
- Unit Description
- 2
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 595
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- 3
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 460
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit Description
- 4
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 525
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit Description
- 5
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 695
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 6
- Unit Description
- 6
- SqFt
- 675
- Occupied
- Yes
- Monthly Rent
- 595
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 7
- Unit Description
- 7
- SqFt
- 675
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
- Monthly Rent
- 395
Location & Property Info
- Cross Streets
- Birney
- Property Sub-Type
- 5+ Units
- Municipality
- Bay City
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- 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,
- Legal
- LOTS 10 & 11 & N 35 FT OF LOT 9 BLK 7 JAMES FRASERS 1ST ADD TO BC S OF CENTER AVE
Lot Description
- Corner Lot
- Yes
- Level
- Yes
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Other
- Yes
Exterior Material
- Vinyl Siding
- Yes
- Wood Siding
- Yes
- Other
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Steam
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Tenant Pays
- None
- Yes
Driveway
- Paved
- Yes
Substructure
- Full
- Yes
Extras
- Laundry Facility
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Property Features
Exterior Material:
Vinyl Siding; Wood Siding; Other
Roofing:
Composition
Substructure:
Full
Lot Description:
Corner Lot; Level; Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras:
Laundry Facility
Owner Pays:
Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays:
None
Heat Source:
Natural Gas
Heat Type:
Steam
Air Conditioning:
Wall Unit(s)
Driveway:
Paved
Street Type:
Paved; Public
Terms Available:
Cash; Other
Possession:
Close Of Escrow; Subject To Tenant Rights
Sale Conditions:
None
Listing Office:
Keller Williams GR North
Listing Agent:
Drew Denham
Last Updated: June - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
