Fully occupied three-unit investment property generating $2,125/month in rental income. Features two 1-bedroom units on the main floor and a 2-bedroom unit upstairs. All tenants are month-to-month, with two out of three open to staying. Potential for higher cash flow by adjusting rents to market value. Great opportunity to maximize returns!
Sold for $110,000 on 03/31/25
$110,000
809 Garfield Ave, Bay City, MI 48708
4beds
1,588sqft
Single Family Residence, Apartment
Built in 1890
-- sqft lot
$126,800 Zestimate®
$69/sqft
$1,433 Estimated rent
Home value
$126,800
$100,000 - $153,000
$1,433/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 02, 2025 at 06:06am
Listed by:
Kelsi V Long 989-475-5679,
Century 21 Signature Realty - Bay City
Bought with:
The Ryan Valderas & Erica Roseberry Team
Berkshire Hathaway HomeServices, Bay City
Source: MiRealSource,MLS#: 50168399
Originating MLS: Bay County REALTOR Association
Originating MLS: Bay County REALTOR AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom 1
- Features: Carpet
- Level: Second
- Area: 10
- Dimensions: 1 x 10
Bedroom 2
- Level: Second
- Area: 176
- Dimensions: 16 x 11
Bedroom 3
- Level: First
- Area: 81
- Dimensions: 9 x 9
Bedroom 4
- Level: First
- Area: 143
- Dimensions: 13 x 11
Bathroom 1
- Level: First
- Area: 15
- Dimensions: 3 x 5
Bathroom 2
- Level: First
- Area: 54
- Dimensions: 9 x 6
Bathroom 3
- Level: Second
- Area: 63
- Dimensions: 9 x 7
Kitchen
- Features: Linoleum
- Level: First
- Area: 143
- Dimensions: 11 x 13
Living room
- Features: Carpet
- Level: First
- Area: 450
- Dimensions: 15 x 30
Heating
- Forced Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Linoleum
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 2,056
- Total interior livable area: 1,588 sqft
- Finished area above ground: 1,588
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Driveway, Off Street
Features
- Levels: Two
- Stories: 2
- Frontage type: Road
- Frontage length: 50
Lot
- Size: 4,791 sqft
- Dimensions: 50 x 100
- Features: Main Street
Details
- Parcel number: 16002837700300
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Single Family Residence, Apartment
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Basement
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Bay City
- Subdivision: No
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $110,000$69/sqft |
Source:  MiRealSource #50168399 | ||
| 3/16/2025 | Contingent | $110,000$69/sqft |
Source: MiRealSource #50168399 | ||
| 3/11/2025 | Listed for sale | $110,000+182.1%$69/sqft |
Source: MiRealSource #50168399 | ||
| 11/30/2023 | Sold | $39,000$25/sqft |
Source: Public Record | ||
| 5/28/2021 | Sold | $39,000+85.7%$25/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,515 | $26,400 +6.5% |
| 2023 | -- | $24,800 +10.7% |
| 2022 | -- | $22,400 +7.2% |
Find assessor info on the county website
Neighborhood: 48708
Nearby schools
GreatSchools rating
- 5/10Macgregor Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Handy Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Bay City Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Bay City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$126,800
2% more+ $2,536
With Zillow Showcase(estimated)
$129,336