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    248 Adams St Bay City, MI 48708

    Sponsored
    For Sale
    Under Contract
    $119,000

    Apartment, 2 Story - Bay City, MI

    Type:Apartment
    Property size:
    1,922 SF
    Lot size:
    0.10 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 248 Adams St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active Under Contract
    Zoning
    Multi-Family,Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    2
    APN
    160-028-137-003-00
    Parking features
    On Street, Unassigned
    Patio and Porch features
    Porch
    Exterior features
    Wheelchair Access, Porch, Sidewalks
    Basement Y/N
    1
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Range, Refrigerator
    Size
    1,922 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Century 21 Signature Realty (989) 921-7000 [email protected]

    Listing agent Tom Webb (989) 837-2100 License #6502374762

    Listing date Dec 21, 2025

    MLS# 50196127 Listing URL

    Copyright © 2026 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

    Income-Generating Duplex in Bay City

    This two-story, two-unit apartment building in Bay City, MI, presents an income-generating opportunity. Each unit features three bedrooms and one bathroom. Both units are currently rented, providing immediate rental income. One unit is leased month to month, and the second unit's lease is active until March 31, 2026. The property is suitable for investors or buyers seeking steady cash flow, with potential for updates and increased returns. The property is zoned for Multi-Family and Residential use. The building has a property size of 1922 square feet and is situated on a 0.1-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Bay
    State
    Michigan
    Longitude
    -83.88707
    Latitude
    43.59251

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    FAQs

    What type of property is this?
    Duplex - Two-unit apartment building with immediate rental income potential.
    Where is this duplex located?
    The property is located at 248 Adams St Bay City, MI.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: - Land contract opportunity: borrower-friendly approval (20% down, 10% interest, 30-year term).; - Income-generating property: two 3-bedroom, 1-bath units.; - Immediate cash flow: both units are currently rented ($850/$775 per unit).
    (989) 492-0650
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    248 Adams 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
    248 Adams St Bay City, MI 48708
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