1500 Center Avenue, Bay City, MI 48708

• 4,731 sqft

Property Description

Listing Agent: Andrew Denham Broker: Keller Williams Grand Rapids North: Welcome to 1500 Center Ave! A rare opportunity to acquire a 7-unit apartment building in the heart of Bay City's historic Center Avenue corridor. Owned by the same family for the past 30 years, this property offers stable rental income and significant upside potential.Recent improvements include a complete rebuild of the steam boiler system, a new porch roof, and a new garage roof, helping reduce future capital expenditure needs.Located on one of Bay City's most iconic streets, the property benefits from strong rental demand and features a detached garage along with off-street parking—amenities that are increasingly difficult to find in historic multifamily properties.With below-market rents and long-term ownership, investors will appreciate the opportunity to increase income over time while acquiring a well-maintained asset in a highly desirable location. Whether you're looking for a long-term hold or a value-add investment, 1500 Center Ave presents a compelling opportunity to grow your portfolio.Don't miss your chance to own a classic Bay City investment property with substantial upside potential!

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 12:45AM

Listing Office:

Keller Williams Grand Rapids North :

Listing Agent:

Andrew Denham : 989-213-7217

MLS ID:

50212388

Interior

• Appliances: Gas Water Heater
• Heating: Steam

Exterior

• Parking: Off StreetParking Lot

Construction

• Roofing: Composition
• General: Vinyl SidingWood Siding

Location

• Originating MLS: MiRealSource
• County: Bay

Lot

• Zoning: LOTS 10 & 11 & N 35 FT OF LOT 9 BLK 7 JAMES FRASERS 1ST ADD TO BC S OF CENTER AVE

Utilities

• Water: Public
• Sewer: Public Sanitary

Financial

• Source: MiRealSource