Sold
Last Sold Price
6 beds1,922 sqft

248 Adams Street, Bay City, MI 48708

Multi FamilyProperty Type
0.1 acresLot Size
1900Year Built
$57/sq ftPrice per sq ft

Description

Land Contract Opportunity "“ Income-Generating 2-Unit Apartment Building! This 2-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. The property features two 3-bedroom, 1-bath units, both currently rented, providing immediate rental income. Ideal for investors or buyers seeking steady cash flow, this property also offers potential for updates and increased returns. Land contract terms: 20% down, 10% interest, 30 year...Land Contract Opportunity "“ Income-Generating 2-Unit Apartment Building! This 2-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. The property features two 3-bedroom, 1-bath units, both currently rented, providing immediate rental income. Ideal for investors or buyers seeking steady cash flow, this property also offers potential for updates and increased returns. Land contract terms: 20% down, 10% interest, 30 year term. Tenant rent: $850/775 - 1 unit lease month to month, 2nd unit lease up March 31 2026
  • Listed by: Thomas Webb 989.492.0650 tom@tomwebb.com • Century 21 Signature Realty
  • Listed by: Karah Ralph 989.252.7811 KARAH@KARAHRALPH.COM • Century 21 Signature Realty Midland
Listing closed: 01/07/2026 12:00 AM • Source: Realcomp, MLS#: 61050196126
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Recent comparable sales

Median sold price

$110,000

Avg days on market

64

Sale-to-list ratio

88.2%

Bay City, MI

9 comparable properties found

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1

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$140,000 | 606 South Chilson Street, Bay City, MI 48706
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$75,000 | 302 Blend Street, Bay City, MI 48706
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$106,000 | 411 10th Street, Bay City, MI 48708
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$105,000 | 224 North Madison Avenue, Bay City, MI 48708
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$107,500 | 413 South Sherman Street, Bay City, MI 48708
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2
Bedrooms
1,682
Square Feet
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Acres
$150,000 | 1207 Taylor Street, Bay City, MI 48708
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$150,000

Sold 10/18/24

5
Bedrooms
1,960
Square Feet
0.11
Acres
$128,500 | 1302 South Farragut Street, Bay City, MI 48708
1/47
8

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Sold 03/19/25

5
Bedrooms
1,721
Square Feet
0.11
Acres
$117,800 | 500 South Sherman Street, Bay City, MI 48708
1/34
9

$117,800

Sold 12/20/24

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Bedrooms
1,624
Square Feet
0.11
Acres

Location

Listing Courtesy of Century 21 Signature Realty; Century 21 Signature Realty Midland

Sold By The Brand Real Estate

Add your commute
Payment Calculator

$822 per month

30 year fixed, 7.03% Interest

Principal and Interest

$587

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
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Property Information for 248 Adams Street

Property Details

  • Taxes: $2,823 / year
  • MLS Type: Residential Income / Multi Family
  • County: Bay County
  • Subdivision Name: LOT 14 BLK 115 LOWER SAGINAW
  • Architectural Style: Apartment, Conventional
  • Waterfront: No
  • Zoning Description: Multi-Family, Residential

Building Information

  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.10 AC / 4,356 SF

Summary

Location and General Information
  • Latitude: 43.592529
  • Longitude: -83.887172
  • Cross Street: Adams / Tenth
  • MLS Area Major: Bay City (09016)
Taxes and HOA
  • Parcel Number: 16002813700300
  • Tax Amount Summer: $1,709.71
  • Tax Amount Winter: $1,112.99
  • Tax Annual Amount: $2,822.70
  • Tax Assessed Value: $28,274.00
  • Tax Legal Description: N 45 FT OF LOT 14 BLK 115 LOWER SAGINAW
  • Tax Year: 2025
School Information
  • High School District: Bay City
Parking
  • Parking Features: Assigned2Spaces, On Street, Unassigned

Property

Lot Information
  • Frontage Length: 44.0
  • Lot Size Acres: 0.1
  • Lot Size Dimensions: 44x100
  • Encroachment: No
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 41100.0
  • Living Area: 1922.0
  • Building Area Total: 1922.0
  • Building Area Source: Assessor
  • Above Grade Finished Area: 1922.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Property Condition: Platted Sub
  • Year Built: 1900
Building Features
  • Accessibility Features: Accessible Entrance
  • Building Features: Sidewalks
  • Construction Materials: Vinyl Siding
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Bathrooms Total Notational: 2.0
  • Appliances: Oven, Refrigerator, Range
  • Basement: Block, Exterior Entry
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 6
  • Cooling: Ceiling Fans
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Has Heating: Yes
  • Laundry Features: Main Level
Exterior Features
  • Community Features: Sidewalks
  • Patio And Porch Features: Porch

Multi Family

Multi Family Information
  • Number of Units Total: 2
  • Unit Records: 2

Unit Information

Unit 1
  • Actual Rent: $775.00
  • Type: Unknown Data Share
Unit 2
  • Actual Rent: $850.00
  • Type: Unknown Data Share

Agent

Sale and Listings
  • Public GLR Website: Yes

Rental

Rent Information
  • Lease Terms Available: Month To Month

Property History for 248 Adams Street

DateEvent & SourcePriceAppreciation
Jan 7, 2026

Sold

MiRealSource #50196126

$110,000—
Jan 7, 2026

Sold

Realcomp #61050196126

$110,000—
Dec 21, 2025

Contract Signed

MiRealSource #50196126

—
DateEvent & SourcePrice
01/07/2026

Sold

MiRealSource #50196126

$110,000
01/07/2026

Sold

Realcomp #61050196126

$110,000
12/21/2025

Contract Signed

MiRealSource #50196126

—

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

Public Records for 248 Adams Street

Taxable Value

Land

-

Additions

-
Total-

Tax Record

2026

$2,823 ($235 / month)

Home Facts

Beds

5

Baths

2

Total Finished SqFt

1,922 SqFt

Above Grade Finished SqFt

1,922 SqFt

Unfinished Basement SqFt

1,068 SqFt

Stories

2

Lot Size

4,487 SqFt

Style

Single Family Residence

Year Built

1900

Year Renovated

1900

Zoning

R-2 DUPLEX

County

BAY

APN

160-028-137-003-00

Schools near 248 Adams Street

This home is within Bay City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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 Virtual 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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Nearby home values

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 Century 21 Signature Realty; Century 21 Signature Realty Midland

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. The data relating to real estate properties on this website was last updated on 08/11/2026 03:59 PM PST