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$249,900
New Listing

1241 Michigan Avenue
Bay City City, MI 48708

For Sale|Multi Family|Active
3
Beds
4
Total Baths
2
Full Baths
2
Partial Baths
3,600
SqFt
$69
/SqFt
1930
Built
Subdivision:
JOHNSON & LEWIS 1ST ADD TO B C
County:
Bay
1241 Michigan Avenue1241 Michigan Avenue1241 Michigan Avenue1241 Michigan Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$1,140
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Turnkey mixed-use opportunity in the heart of Bay City perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1 bath currently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units a salon and an office are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal house hack on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns.

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Listing Snapshot
Price 
$249,900
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
3,600 sqft
Total Baths 
4
Full Baths 
2
Partial Baths 
2
Lot Size 
0.19 Acres
Year Built 
1930
MLS® Number 
61050198379
Status 
Active
Property Tax 
$1,909.39
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.19
Disclosures 
Taxes Not Homestead Exempt
Levels 
Two
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
3600
Water Source 
Public
Interior Features
Heating 
Forced AirNatural GasSeparate Meters
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Community Features
Financing Terms Available 
CashConventionalFHA
MLS Area 
Area92102BayCity
School District 
BayCity
Schools
School District
BayCity
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Our Home & Co Real Estate: (989) 954-3087



IDX provided courtesy of Realcomp II Ltd. via SaginawBoardofREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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