1241 Michigan Avenue Bay City, MI $ 249,900
1241 Michigan Avenue
$ 249,900
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1241 Michigan Avenue

Bay City, MI, 48708
$ 249,900
Bedrooms3 Baths2.2 Sq 3,600

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Bay City, MI

for $249,900 with 3 bedrooms and 2 full baths, 2 half baths. This 3,600 square foot home was built in 1930 on a lot size of 0.19.

Turnkey mixed-use opportunity in the heart of Bay City perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1 bath currently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units a salon and an office are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal house hack on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns. Please do not disturb tenants.

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Multi-Family Active

Price

$ 249,900

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 1,909

Style

Lot Size

0.19

Year Built

1930

Town/City

Bay City

County/Region

Bay

MLS | Web ID

50198379

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 2
Bathrooms 4
Year Built 1930
Subdivision Johnson & Lewis 1st Add To B C MI
County Bay
Class MULTIFAMILY
Type Multi-Family
Ownership LLC
Municipality Bay City
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Bay City (09016)
Primary City Bay City
City Bay City
School District Bay City School District
Financial Terms Cash Conventional FHA
Legal Description LOT 4 & W 5.5 FT OF LOT 5 BLK 1 JOHNSON & LEWIS 1ST ADD TO BC
DOM 1
Postal Code 48708
Price Per Sq Ft Total AG 69.42
Public Remarks
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Interior
Beds 3
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Lot Size Area 0.19
Lot Dimensions irregular
Waterfront Y/N No
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* Excluded Features
List By
Taylor Cobb

Listing Agent

Our Home & Co Real Estate

Broker

mcfortune25@gmail.com

Email

Affordability Calculator

$1,698
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$159
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759950 Elementary School
760432 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$249,900 Listed Price

Map


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1241 Michigan Avenue, Bay City, MI, 48708 is a Multi-Family Home for sale at $249,900 with 3,600 sqft and a lot size of 0.19. 1241 Michigan Avenue has 3 bedrooms, 2.2 baths, and was built in 1930. The property's zip code is 48708 which is in Bay City, MI