1500 Center Avenue

Bay City, MI 48708

$425,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

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...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!
  1. Listed by Drew Denham • Brokerage DRE #6505374302 • Keller Williams GR North
    P: (616)-920-1953 C: (616)-920-1953 drewsellsgr@gmail.com

Property Details for 1500 Center Avenue

Zoning
Commercial
ZoningDescription
Commercial
LISTING UPDATED: 07/07/2026 09:29 AM

Property Details for 1500 Center Avenue

StatusActive
MLS #26031029
Days on Market20
Taxes$4,225 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / 5+ Units
Year Built1900
Lot Size0.62 AC / 27,007 SF
CountyBay County
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Location

Listing Courtesy of Keller Williams GR North
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Building Information for 1500 Center Avenue

Stories-Residences7Year Built1900Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

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$2,470 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,118

Property Taxes

$352

HOA Dues

$0

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Property Information for 1500 Center Avenue

Summary
Location and General Information
  • Cross Streets: Birney
  • Municipality: Bay City
  • Area - Major: Bay City (09016)
  • Street #: 1500
  • Street Name: Center
  • Suffix: Avenue
  • City: Bay City
  • State: MI
  • Zip Code: 48708
  • County: Bay
  • Latitude: 43.59678
  • Longitude: -83.874506
Taxes and HOA
  • Taxable Value: 67031.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 09-160-022-358-001-00
  • Homestead: 0
  • SEV: 125050
Parking
  • Parking Features: Paved
  • Parking Total: 5.0
  • Attached Garage: No
  • Driveway: Paved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Level, Sidewalk, Corner Lot
  • Lot Dimensions: 100x135
  • Lot Measurement: Acres
  • Lot Acres: 0.62
  • Lot Square Footage: 27007.0
  • Lot Size Area: 0.62
Property and Assessments
  • Tax Year: 2025
  • Road Surface Type: Paved
  • Legal: LOTS 10 & 11 & N 35 FT OF LOT 9 BLK 7 JAMES FRASERS 1ST ADD TO BC S OF CENTER AVE
  • Property Sub-Type: 5+ Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Public Water
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding, Wood Siding, Other
  • Street Type: Paved, Public
  • Exterior Material: Vinyl Siding, Wood Siding, Other
  • Roofing: Composition
  • Substructure: Full
  • Extras: Laundry Facility
Interior Features
  • Heating: Steam
  • Basement: Yes
  • Cooling: Wall Unit(s)
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Steam
  • Air Conditioning: Wall Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 7
Unit Information
Unit 1
  • BathsTotal: 2
  • BedsTotal: 1
  • FullBaths: 2
  • HalfBaths: 0
  • ActualRent: $700.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 1
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $595.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 2
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $460.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 3
Unit 4
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $525.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 4
Unit 5
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $695.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 5
Unit 6
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $595.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 6
Unit 7
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $395.00
  • Occupied: Yes
  • SqFt: 675.0
  • Description: 7
Rental
Rental Information
  • Tenant Pays: None
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Other

Property History for 1500 Center Avenue

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Listed (Active)

Michigan Regional Information Center #26031029

$425,000—
Jun 22, 2026

Listed (Active)

MiRealSource #70540723

$425,000—
Jun 22, 2026

Listed (Active)

Realcomp #65026031029

$425,000—
DateEvent & SourcePrice
06/22/2026

Listed (Active)

Michigan Regional Information Center #26031029

$425,000
06/22/2026

Listed (Active)

MiRealSource #70540723

$425,000
06/22/2026

Listed (Active)

Realcomp #65026031029

$425,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Center Avenue

Taxable ValueLand-Additions-Total-
Tax Record2026$4,225 ($352 / month)
Home Facts
Baths7Total Finished SqFt4,731 SqFtAbove Grade Finished SqFt4,731 SqFtLot Size13,504 SqFtStyleMiscellaneous CommercialYear Built1900ZoningRM-1 MED DENSCountyBAYAPN160-022-358-001-00Fireplace TypeHas Fireplace

Schools near 1500 Center Avenue

This home is within Bay City School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - PK to 5
Handy Middle School
Public - 6 to 8
Bay City Central High School
Public - 9 to 12
Bay City Eastern High School
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Handy Middle School
Public6 to 8

Bay City Central High School
Public9 to 12

Bay City Eastern High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1500 Center Avenue, Bay City, MI 48708

1500 Center Avenue is a multi-family home for sale in Bay City, MI 48708. This property was listed for sale on June 22, 2026 by Keller Williams GR North, it's currently listed at $425,000. This listing's school district is Bay City School District. Nearby schools include Washington Elementary School, Handy Middle School and Bay City Central High School. 1500 Center Avenue is a 7-bed, 8-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams GR North

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