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Three-Unit Multifamily Building
For Sale
$110,000
Pending

302 N FARRAGUT Street, Bay City, MI 48708

MULTI_FAMILY - Other - Bay City, MI

Property Size2,212 SF
Lot Size0.23 Acres
Days on Market712

Property Features for 302 N FARRAGUT Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Interior features Circuit Breakers
Exterior features Fenced
Fencing Fenced
Subdivision PLAN OF BIRNEYS ADD TO B C
Elementary school district Bay City
Middle school district Bay City
High school district Bay City
Directions East of Washington South of Center Ave On the corner of Farragut and 10th.
Standard status Pending
APN 0916002823800500
Size 2,212 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description LOTS 7 & 8 BLK 2 PLAN OF BIRNEYS ADD TO BC
Tax Annual Amount 2526
Legal Description LOTS 7 & 8 BLK 2 PLAN OF BIRNEYS ADD TO BC

Utilities

Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Architectural style Other
Listing Agency: Vylla Home
Listed By: Laura A Kroll
Added: Aug 28, 2024 Changed: Aug 2 Last Checked: Aug 9 at 11:06PM
MLS# 20240064212

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit triplex includes an upper unit with three bedrooms, a lower unit with two bedrooms, and a studio. All units include a refrigerator and stove. The property has circuit breakers and is heated with hot water. Exterior features include fencing, and there is parking available in the driveway and on a parking pad on the south side of the house.

Recent exterior updates include a new roof and fascia, along with freshly painted exterior finishes. The house is city certified and inspected. Set on a 0.23-acre lot with 2,212 SF of property size, it is located across the street from a school and within walking distance to downtown. Water service is public.

Additional site and utility details include public water and fenced perimeter areas that can support tenant privacy and day-to-day access.

Key Highlights

  • Three‑unit triplex with an upper three‑bedroom unit, a lower two‑bedroom unit, and a studio
  • All units include a refrigerator and stove
  • New roof and fascia completed recently plus freshly painted exterior

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Catering Service

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

945
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three-unit triplex with all units including refrigerator and stove, recently updated roof, fascia, and exterior paint.
Where is this triplex located?
The property is located at 302 N FARRAGUT Street Bay City, MI.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Three‑unit triplex with an upper three‑bedroom unit, a lower two‑bedroom unit, and a studio; All units include a refrigerator and stove; New roof and fascia completed recently plus freshly painted exterior
More about this property
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