Triplex

Bay City, MI Triplexes for Sale

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Multi-Family Investment Opportunity
Updated: Aug 28, 2024
Multi-Family Investment Opportunity

302 N FARRAGUT Street, Bay City, MI 48708

$110,000
2,212 sqft 0.23 AC lot
3‑unit multi‑family property with an upper 3‑bedroom unit, a lower 2‑bedroom unit, and a studio
All units include a refrigerator and stove
New roof and fascia recently completed, with exterior freshly painted
City certified and inspected
Parking includes a driveway plus a parking pad on the south side of the house
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Remodeled Three-Unit Mixed-Use Property
Updated: Jun 2
Remodeled Three-Unit Mixed-Use Property

804 S Farragut Street, Bay City, MI 48708

$195,000
5,952 sqft
Fully occupied 3‑unit mixed‑use building providing immediate in‑place income
Recent remodeling includes a new roof
New boiler installed
Updated electrical systems
Upgraded parking lot
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bay City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Three-Unit Triplex with Common Entry
Three-Unit Triplex with Common Entry

515 N Harrison St, Saginaw, MI 48602

$124,900

Triplex offers two occupied 1-bedroom units plus a vacant 2-bedroom upper unit, with a furnace update in 2020.

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Downtown Flint Multi-Unit Property
Downtown Flint Multi-Unit Property

314 E 4th St, Flint, MI 48502

$135,900

Multi-unit property in downtown Flint near amenities and transportation.

View details
Remodeled Three-Unit Apartment Building
Remodeled Three-Unit Apartment Building

603 N Granger St, Saginaw, MI 48602

$125,000
0.14 AC lot

Recently remodeled three-unit apartment building with immediate cash flow.

View details
Multifamily Investment Opportunity in Flint
Multifamily Investment Opportunity in Flint

2601 Dakota Ave, Flint, MI 48506

$38,000

Three-unit multifamily property needing work, ideal for investors.

View details

Bay City, MI Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Bay City, MI on our real estate platform. These investment opportunities span a total of 8,164 square feet of properties for sale, with an estimated market value of $305,000.

Sale prices for three-family homes in Bay City, MI start at $110,000, averaging $152,500, and reaching up to $195,000 — 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 8
Apartment buildings 2
Triplexes 2
Quadplexes 1
Short term rental properties 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
48708 $146.7K

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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