$875,000

701 Center Ave Bay City, MI 48708

$10,000
Closing credit¹
0.3 acres
Multi-Family

Property details

About 701 Center Ave

Welcome to 701 Center Ave, a historic Second Empire home built in 1876 by James Shearer and his wife, Margaret. This property is rich in charm and character. The building offers 16 updated apartments, including 5 one-bedrooms, 1 two-bedroom, and 10 studios. Architectural details include a grand staircase, intricate plasterwork, and multiple fireplaces. Modern amenities include off-street parking, an in-house laundry facility, and efficient boiler heating. The owner covers gas, water, and sewer. Recent updates include a new roof, resealed and painted windows, new gutter system, plus so much more. With its prime location and unique character, 701 Center Ave presents a strong opportunity for repositioning to maximize financial return, whether through long or short-term rentals. Located juststeps from Bay City's vibrant downtown, enjoy easy access to dining, shopping, and entertainmentan incredible opportunity to own a piece of history!

Highlights

Home typeMulti Family
HeatingForced Air, Hot Water, Natural Gas
StatusActive
BasementYes
Lot size0.33 Acres
Year built1870
ParkingUnpaved
MLS #65025008700

Summary

  • MLS Number: 65025008700
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Keller Williams GR North
  • Office Phone: (616) 447-9100
  • Listing Agent: Drew Denham

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:16:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$875,000

701 Center Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 07, 2024
Home Sold
$965,000
Nov 12, 2021
Home Sold
$560,000
Sep 16, 2015
Home Sold
$210,000

Tax history

YearAssessmentProperty Tax
2024$287,150$26,938
2023$231,900$13,179
2022$181,050$-
2021$87,850$-
2020$89,300$4,512
2019$69,500$4,535
2018$67,050$4,507
2017$68,200$4,507

History based on county public records data.

Nearby schools

4

Washington Elementary School

Public District PK-5

0.7 mi

1821 McKinley St

5

Kolb Elementary School

Public District PK-5

1.3 mi

305 W Crump St

6

Hampton Elementary School

Public District PK-5

1.7 mi

1908 W Youngs Ditch Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,122. The majority of Bay City, MI residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

65%
<35k
22%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
17%
Single, with Kids
16%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 701 Center Ave in Bay City, MI and zip code 48708. Features: 0 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $875,000.

Bay City, MI housing market in February 2025 saw over 7 listings sold above listed price, more than 10 sold at listed price and over 28 sold below. The number of listings in Bay City, MI decreased by 4.1% between January and February 2025. In February 2025 median list price was $141,357 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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