$425,000
1500 Center Avenue
Bay City, MI, 48708
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 Ave presents a compelling opportunity to grow your portfolio.
Don’t miss your chance to own a classic Bay City investment property!
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 Ave presents a compelling opportunity to grow your portfolio.
Don’t miss your chance to own a classic Bay City investment property!
Property Details
Price:
$425,000
MLS #:
26031029
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
5+ Units
Listed Date:
Jun 22, 2026
Lot Size:
27,007 sqft / 0.62 acres (approx)
Year Built:
1900
Schools
School District:
Bay City
Interior
Cooling
Wall Unit(s)
Heating
Steam
Exterior
Construction Materials
Vinyl Siding, Wood Siding, Other
Lot Features
Level, Sidewalk, Corner Lot
Parking Features
Paved
Parking Spots
5
Parking Total
5
Roof
Composition
Financial
Tax Year
2025
Taxes
$4,225
Mortgage Calculator
Map
Current real estate data for Single Family in Bay City as of Jul 04, 2026
81
Single Family Listed
76
Avg DOM
115
Avg $ / SqFt
$224,633
Avg List Price
Community
- Address1500 Center Avenue Bay City MI
- CityBay City
- CountyBay
- Zip Code48708
Subdivisions in Bay City
Similar Listings Nearby
Property Summary
- 1500 Center Avenue Bay City MI is a Single Family for sale in Bay City, MI, 48708. It is listed for $425,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1900. The average price per square foot for Single Family listings in Bay City is $115. The average listing price for Single Family in Bay City is $224,633.
1500 Center Avenue
Bay City, MI