909 Center Ave Bay City, MI 48708
Estimated payment $2,353/month
Total Views
22,445
11
Beds
6
Baths
8,600
Sq Ft
$49
Price per Sq Ft
Highlights
- Victorian Architecture
- Balcony
- Wood Siding
- Loft
- 1 Car Detached Garage
- Historic Home
About This Home
Welcome to 909 Center Avenue — a stunning and rare investment opportunity nestled in the heart of Bay City's Center Avenue Historic District. This fully operational 6-unit multi-family property offers timeless character, solid income potential, and a prime location next to a beautiful historic church. Property Features: 5 Spacious 2-Bedroom Units: Each unit features approximately 800+ sq ft of living space, with one unit boasting a generous 1,300 sq ft. All include full bathrooms and charming layouts. 4 of the units are fully furnished furnishings will stay with property). 1 Fully Furnished 1-Bedroom Airbnb Unit: Actively rented with glowing reviews and strong booking history—ideal for short-term income generation. Original Historic Character: Formerly the church rectory, this residence retains some of the original hardwood floors, elegant banisters, and architectural charm. Tenant Amenities: Full basement with individual tenant storage, Coin-operated laundry available for additional income, Parking 4-car carport, 9 total parking spaces on-site, Garage/shed for owner or tenant storage. Outdoor Perks: Exceptional curb appeal, Attached grassy side yard—perfect for outdoor relaxation or tenant enjoyment, Investment Highlights: High-demand rental location, All units are fully leased (except for seller occupied unit – estimated rental potential of $900 per month for seller occupied unit), Active Airbnb with consistent bookings, Great potential for both cash flow and appreciation. Don’t miss this opportunity to own a charming, income-producing property in one of Bay City's most sought-after historic districts.
Listing Agent
Ayre Rhinehart Real Estate Partners License #MBR-6506040422 Listed on: 05/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1907
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 96 x 148
- Historic Home
Parking
- 1 Car Detached Garage
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Wood Siding
- Asphalt
Interior Spaces
- Living Room with Fireplace
- Loft
- Basement
- Block Basement Construction
- Oven or Range
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- Boiler Heating System
- Radiant Heating System
- Separate Meters
- Gas Water Heater
Community Details
- 6 Units
- James Fraser 1St Add N/S Center Subdivision
Listing and Financial Details
- Assessor Parcel Number 09-160--021-476-005-00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,788 | $154,700 | $0 | $0 |
| 2024 | $5,921 | $145,650 | $0 | $0 |
| 2023 | $5,637 | $115,050 | $0 | $0 |
| 2022 | $6,122 | $95,050 | $0 | $0 |
| 2021 | $3,432 | $86,700 | $51,850 | $34,850 |
| 2020 | $3,574 | $86,650 | $46,500 | $40,150 |
| 2019 | $3,509 | $52,650 | $0 | $0 |
| 2018 | $2,796 | $44,200 | $0 | $0 |
| 2017 | $2,737 | $40,700 | $0 | $0 |
| 2016 | $3,000 | $44,500 | $0 | $44,500 |
| 2015 | $2,880 | $47,500 | $0 | $47,500 |
| 2014 | $2,880 | $43,150 | $0 | $43,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | Price Changed | $425,000 | -5.6% | $50 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $450,000 | -- | $53 / Sq Ft |
Source: Midland Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $277,000 | None Available | |
| Warranty Deed | $175,000 | Ata National Title Group Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $170,000 | -- | |
| Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | Commercial | |
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Similar Home in Bay City, MI
Source: Midland Board of REALTORS®
MLS Number: 50175004
APN: 09-160-021-476-005-00
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