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    Bay City, MI Multifamily Properties for Sale

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    7-Unit Apartment Building with Parking
    Updated: Jun 22
    7-Unit Apartment Building with Parking

    1500 Center Avenue, Bay City, MI 48708

    $425,000
    0.62 AC lot
    7‑unit apartment building at 1500 Center Ave in Bay City’s historic Center Avenue corridor
    Fully occupied multifamily with steam heating and wall unit cooling
    Recent improvements: complete rebuild of the steam boiler system, plus new porch roof and new garage roof
    Detached garage with off‑street parking
    Construction materials include vinyl siding and wood siding; roof is composition
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    Brick Garden-Style Fourplex
    Updated: Sep 30, 2025
    Brick Garden-Style Fourplex

    2311 22nd Street, Bay City, MI 48708

    $425,000
    3,132 sqft · 0.28 AC lot
    Purpose‑built brick 4‑unit garden‑style property built in 1962
    About 3,132 SF total with four 2‑bedroom, 1‑bath units
    Each unit includes about 783 SF of living space plus a full basement
    Basements include washer/dryer hookups; utilities are separately metered and tenant‑paid
    Gross rental income is approximately $48,000/year
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    Brick Garden-Style Quadplex
    Brick Garden-Style Quadplex

    2311 22nd St, Bay City, MI 48708

    $425,000
    3,132 sqft

    Four 2-bedroom units with full basements and separately metered, tenant-paid utilities near hospital, schools, and shopping.

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    Mixed-Use Building in Midland District
    Mixed-Use Building in Midland District

    301 E Midland St, Bay City, MI 48706

    $364,000
    15,000 sqft

    Historic mixed-use building with retail and residential redevelopment potential.

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    Seven-Unit Apartment Building with Garage
    Seven-Unit Apartment Building with Garage

    1500 Center Ave, Bay City, MI 48708

    $425,000

    Well-maintained seven-unit apartment building with rebuilt steam boiler system, new roofs, and detached garage with off-street parking.

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    Investment Duplex with Studio Apartment
    Investment Duplex with Studio Apartment

    310 N Mountain St, Bay City, MI 48706

    $130,000

    Duplex offers a 3-bedroom home plus a furnished studio apartment, with basement, fenced yard, and 2-car garage.

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    Certified Rental Duplex Opportunity
    Certified Rental Duplex Opportunity

    1813 3rd St, Bay City, MI 48706

    $144,900

    Well-located duplex with income potential near Carol Park.

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    Refurbished Duplex Near Downtown
    Refurbished Duplex Near Downtown

    110 N Madison Ave, Bay City, MI 48708

    $196,900

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

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    Multi-Family Investment Opportunity
    Multi-Family Investment Opportunity

    302 N FARRAGUT Street, Bay City, MI 48708

    $110,000
    2,212 sqft · 0.23 AC lot

    Multi-family house with three units in Bay City.

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    Renovated Duplex in Hampton Township
    Renovated Duplex in Hampton Township

    2114 Avalon, Bay City, MI 48708

    $225,000
    0.28 AC lot

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

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    Multifamily Portfolio Opportunity
    Multifamily Portfolio Opportunity

    505 S DEAN St, Bay City, MI 48706

    $105,000

    Multifamily unit offered as part of a larger portfolio.

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    Remodeled Three-Unit Mixed-Use Property
    Remodeled Three-Unit Mixed-Use Property

    804 S Farragut Street, Bay City, MI 48708

    $195,000
    5,952 sqft

    Fully occupied three-unit mixed-use building with recent roof, boiler, electrical upgrades, and parking lot improvements.

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    Bay City Duplex with Separate Utilities
    Bay City Duplex with Separate Utilities

    106 S Chilson St, Bay City, MI 48706

    $94,900
    1,498 sqft

    Two-unit duplex offers separate utilities and a full basement, supporting owner-occupant or rental arrangements.

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    Multifamily Portfolio Opportunity
    Multifamily Portfolio Opportunity

    1303 S EUCLID Ave, Bay City, MI 48706

    $89,000

    Multifamily unit offered as part of a larger portfolio.

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    Historic Midland Street Mixed-Use Building
    Historic Midland Street Mixed-Use Building

    703 E Midland, Bay City, MI 48708

    $299,900

    Mixed-use property in the Midland Street Historic District.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 15 Active listings in Bay City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex With New Roof
    Updated Duplex With New Roof

    3900 Bauer Drive, Saginaw, MI 48604

    $169,900
    1,776 sqft · 0.18 AC lot

    Duplex offering one strong tenant and one move-in ready unit with recent roof, water heaters, and furnaces.

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    Income-Producing Duplex Investment Opportunity
    Income-Producing Duplex Investment Opportunity

    Saginaw, MI 48604

    $45,000
    1,948 sqft · 0.20 AC lot

    Duplex on corner lot, ideal for renovation and rental income.

    View details
    Mixed-Use Building on Center Road
    Mixed-Use Building on Center Road

    Essexville, MI 48732

    $170,000
    0.53 AC lot

    Four-unit mixed-use building with income and commercial potential.

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    Renovation Duplex with Two Units
    Renovation Duplex with Two Units

    346 Weiss St, CarrolltonTownship_, Saginaw, MI 48604

    $45,000

    Two-unit duplex offers separate living layouts, with substantial repairs needed and sold strictly as-is.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

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    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Off-Market Properties in Bay City, MI

    Consider similar Off-Market properties in Bay City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1401 State St
    Multifamily properties

    1401 State St, Bay City, MI 48706

    Value Estimation by Request
    1,000 sqft
    View details
    3434 Kiesel Rd
    Multifamily properties

    3434 Kiesel Rd, Bay City, MI 48706

    Value Estimation by Request
    1,090,000 sqft · 10.00 AC lot
    View details

    Bay City, MI Multifamily Properties Market Trends and Statistics

    Explore 17 multifamily properties for sale in Bay City, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 55,826 square feet of properties for sale, with an estimated market value of $2,975,400.

    Sale prices for multifamily properties in Bay City, MI start at $94,900, averaging $371,925, and reaching up to $997,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 3
    Triplexes 2
    Quadplexes 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) -1.9%
    Median Household Income $57,241
    College Educated 13.7%

    High-Yield Neighborhoods for Investment

    Identify Bay City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48706 $170.2K
    48708 $342.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bay County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Bay County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Bay City fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Bay City, MI

    • 48708
    • 48706

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