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Refurbished Duplex Near Downtown
For Sale
$196,900

110 N Madison Avenue, Bay City, MI 48708

Well-maintained duplex with updated units and immediate cash flow.

Property SizeContact for details
Days on Market146

Property Features for 110 N Madison Avenue

General Information

Standard status Active
Property subtype Multi Family
Listing Agency: Bay Realty Michigan
Listed By: Chance Owen
Source: Alexmi
Added: Apr 24 Changed: Sep 8 Last Checked: Sep 15 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bay Realty Michigan

Investment Insights

Based on property information with market context.

This well-maintained and fully refurbished duplex is located minutes from downtown Bay City. All renovations have been completed by a licensed builder. Both units have been extensively updated with new flooring and windows. The property features separate electrical systems and two brand-new furnaces. The lower unit generates $900 per month with a long-term tenant, and the second unit generates $650 per month. The property offers immediate cash flow potential. It is an ideal opportunity for investors or owner-occupants seeking a turnkey property in a convenient location close to downtown amenities. The property is somewhat walkable with a walk score of 65 and somewhat bikeable with a bike score of 46.

Key Highlights

  • Fully refurbished duplex with quality workmanship by a licensed builder
  • Immediate cash flow potential with existing rental income from both units
  • Convenient location minutes from downtown Bay City

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

716
Businesses Nearby

Demographics for 48708, MI

25,860
Population
12,625
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
89%
High-School Grad
29.1 sq mi
ZIP Area
889
Density / Sq Mi
$50,216
Median Household Income
$31,978
Median Earnings
$703
Median Rent
$98,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with updated units and immediate cash flow.
Where is this duplex located?
The property is located at 110 N Madison Avenue Bay City, MI.
What is the asking price?
The asking price for this property is $196,900.
What are key features of this property?
This property features: Fully refurbished duplex with quality workmanship by a licensed builder; Immediate cash flow potential with existing rental income from both units; Convenient location minutes from downtown Bay City
More about this property
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