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    2311 22Nd St Bay City, MI 48708

    For Sale
    $439,000

    1 Story, Multi-Family - Bay City, MI

    Property size:
    3,132 SF
    Lot size:
    0.28 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 2311 22Nd St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    160-027-364-006-00
    Basement Y/N
    1
    Size
    3,132 SF
    Lot size
    0.28 Acres

    Building Details

    Year built
    1962
    Floors in Building
    1
    Number of units
    4
    Architectural style
    Other

    homecoin.com (888) 400-2513 [email protected]

    Listing agent Jonathan Minerick (888) 400-2513 License #6502431542

    Listing date Nov 28, 2025

    MLS# 50189995 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bay City Multi-Family Investment

    This is a purpose-built, garden-style four-unit multi-family property, presenting an investor opportunity with immediate income and upside. Each unit is approximately 800 square feet and includes equal basement space and washer/dryer hookups. The property has a total size of 3132 square feet and sits on a 0.28-acre lot. All units feature refreshed finishes and mechanical improvements. Two units are currently leased to long-term tenants at $850 per month, one unit is leased at $1,000 per month, and one fully renovated unit is ready to lease at $1,050 per month. The property is located in Bay City, MI, with separately metered, tenant-paid utilities. The estimated full-leased gross income is approximately $45,000 per year. Annual taxes and insurance are approximately $5,500. The property offers strong value-add upside, making it suitable for investors or house hackers seeking immediate income and long-term growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.868184
    Latitude
    43.580423

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with immediate income and value-add potential.
    Where is this quadplex located?
    The property is located at 2311 22Nd St Bay City, MI.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: - Immediate income from existing tenants with potential for increased rental income.; - Value-add opportunity through renovation and increased rents.; - Purpose-built 4-unit building ideal for investors.
    (888) 400-2513
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    2311 22Nd St Bay City, MI 48708
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    Bay City, MI 48708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2311 22Nd St Bay City, MI 48708
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