Building Details

Building Size 1,624 SF

Year Built 1970

Listing Agency: EXP Realty

Listed By: Travis C Scott · License #FAAR Show Phone

Source: Kw

Added: Nov 25, 2025 Changed: Oct 13 Last Checked: Oct 12 at 5:38PM

Report an Issue

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 EXP Realty

Investment Insights

Based on property information with market context.

This renovated duplex in Hampton Township offers an opportunity for investors or owner-occupiers. The 1,600+ sq ft property features two units, each with 2 bedrooms, 1 bath, a living room, an updated kitchen, and in-unit laundry. Both kitchens and bathrooms have been remodeled. The property includes new flooring, fresh paint, updated electrical systems, new fencing, landscaping, and concrete driveways. Each unit has a 1-car detached garage, and the backyard is divided with a privacy fence. All appliances are included. The property is located on a residential street near shopping, restaurants, and major connectors. It offers cash-flow potential in a high-demand area.

Key Highlights

• Fully renovated, turn‑key duplex ideal for investors or house hacking.
• Two separate units, each with 2 bedrooms, 1 bath, updated kitchen, living room, and private in‑unit laundry.
• New flooring, fresh paint, updated electrical, remodeled kitchens and bathrooms.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,495

Cap Rate

4.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$189,900 $189.9K

Cap Rate 7%

$135,643 $135.6K

Cap Rate 9%

$105,500 $105.5K

Market Conditions

NOI Build-Up for 1,624 SF

Gross rent

$14.6K $9.00/SF

− Vacancy

−$1.1K −$0.65/SF

EGI

$13.6K $8.35/SF

− OpEx

−$4.1K −$2.51/SF

NOI

$9.5K $5.85/SF

Area

Bay County, MI

Vacancy

7.20%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$189,900

Cap Rate 7%

$135,643

Cap Rate 9%

$105,500

Alternative Uses

Best Use

Multifamily LT 5

$135.6K

$118.7K – $158.3K (±1% cap)

NOI $9,495 @ 7.0% cap · market cap 4.22%

Second Best

Apartment 5plus

$127.5K

$111.5K – $148.7K (±1% cap)

NOI $8,923 @ 7.0% cap · market cap 3.97%

Theoretical Best

Office A

$294.0K

$257.2K – $343.0K (±1% cap)

NOI $20,579 @ 7.0% cap · market cap 9.15%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Building Supply

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

12

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Side-by-Side Duplex

504 N Monroe Street, Bay City, MI 48708

$169,900

1,786 SF

View details

Updated 2-Unit Duplex

123 Woodside Lane, Bay City, MI 48708

$160,000

2,100 SF

View details

Gutted Two-Unit Duplex

217 Fitzhugh Street, Bay City, MI 48708

Contact for pricing

2,686 SF

View details

Office Building with Monument Sign

612 N Euclid Ave, Bay City, MI 48706

$189,000

1,636 SF

View details

Auto Repair Facility Hard Corner

200 Salzburg Ave, Bay City, MI 48706

$199,900

1,400 SF

View details

Day Care Center with Private Yard

1504 W Thomas St, Bay City, MI 48706

$150,000

2,016 SF

View details

Neighborhood Convenience Store with Rental Unit

1501 Park Avenue, Bay City, MI 48708

$89,900

1,820 SF

View details

Multi-Tenant Office Building with Parking

1104 S Madison, Bay City, MI 48708

$149,000

2,544 SF

View details

Renovated Cannabis Property

1014 N Johnson St, Bay City, MI 48708

$399,999

2,823 SF

View details

Gas Station

314 S Euclid Ave, Bay City, MI 48706

$1,490,250

1,200 SF

View details

Executive Office Condominium

1601 Marquette Avenue, Bay City, MI 48706

$499,000

4,020 SF

View details

Freestanding Retail Property on Wilder

Bay City, MI 48706

$699,000

4,080 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Turn-key duplex with updated units, garages, and strong cash-flow.

Where is this duplex located?

The property is located at 2114 Avalon Bay Bay City, MI.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Fully renovated, turn‑key duplex ideal for investors or house hacking.; Two separate units, each with 2 bedrooms, 1 bath, updated kitchen, living room, and private in‑unit laundry.; New flooring, fresh paint, updated electrical, remodeled kitchens and bathrooms.