Bay City, MI Real Estate Search

Bay City, MI Homes between $150,000 and $200,000 for Sale

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Newest Bay City, MI Homes between $150,000 and $200,000 for Sale

$177,000
4 Beds 4 Baths 50216149 MLS
Investment Opportunity on Bay City's East Side! Expand your portfolio with this exceptionally well maintained, fully occupied four unit rental property on Bay City's East Side. Opportunities like this don't come around often, especially one that's been cared for with this level of pride and attention to detail. Whether you're a seasoned investor or looking to purchase your first income producing property, this turnkey investment is ready to generate cash flow from day one. The current owner has made significant improvements throughout the property, including a completely refinished foundation and a new roof in 2022. In 2025, the exterior was professionally scraped and painted, with damaged boards replaced as needed. Additional updates include a rebuilt front porch with repaired pillars and steps completed in 2024, plus extensive landscaping enhancements and a durable stone-crete driveway. Apartment #2 has also been beautifully remodeled with a new kitchen, updated bathroom, new windows, flooring, and more. Inside, a grand common staircase welcomes tenants and adds to the property's historic charm. The building offers a strong unit mix: Unit 1: Studio apartment with private kitchen and bathroom. Unit 2: Fully remodeled one-bedroom featuring a spacious living room, updated kitchen, and full four-piece bathroom. Unit 3: One-bedroom apartment with living area, kitchen, and private bath. Unit 4: Studio apartment with kitchen and bathroom. All kitchen appliances are included with the sale, along with the coin-operated washer and dryer located in the basement, providing additional income potential. Best of all, all four units are currently occupied, with the tenants in Units 1, 3, and 4 being long-term residents who have expressed their desire to remain after the sale offering immediate, stable rental income for the next owner. If you're looking for a quality investment with strong rental history, extensive recent improvements, and reliable cash flow, this East Side four-unit is one you won't want to miss. Schedule your private showing today!

502 Wilson Street, Bay City

$179,900
50215912 MLS
Downtown Bay City's Next Redevelopment Opportunity! Now offered as an individual building, this nearly 8,200 square foot commercial property presents an exciting opportunity to own a piece of Downtown Bay City. Previously marketed as part of a larger redevelopment, this new offering provides investors and entrepreneurs with a more manageable project, reducing the overall scope of work while creating a more attainable investment. A rare Class C Liquor License is available for purchase with this building, creating an outstanding opportunity for a restaurant, brewery, cocktail lounge, or other hospitality concept in one of Downtown Bay City's most visible locations. If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis. The main floor features soaring ceilings and an open layout, with a dividing wall already in place that offers the potential for multiple commercial spaces or tenants. The second floor was formerly a spacious apartment and still retains much of its original layout, providing an excellent opportunity to restore it into a large residential unit, executive housing, or an income-producing rental while maintaining commercial space below. Whether your vision includes retail, office space, mixed-use development, dining, entertainment, or residential income, this property offers exceptional flexibility and endless potential in the heart of Downtown Bay City.

702 Washington Avenue 702 Washington Ave South Building, Bay City

$189,000
50215905 MLS
A New Opportunity to Own a Piece of Downtown Bay City! Now offered as an individual building, this nearly 8,000 square foot commercial property presents an exciting redevelopment opportunity in the heart of downtown Bay City. Previously marketed as part of a larger 16,000 square foot redevelopment, this new offering provides investors and entrepreneurs with a more manageable project, reducing renovation costs, carrying costs, and the overall scope of work while allowing income-producing opportunities to be realized sooner. One of the property's most valuable features is the opportunity to purchase a Class C Liquor License with the building. Liquor licenses in this area are extremely limited, and the combination of a transferable license with a highly visible downtown location creates an outstanding opportunity for a restaurant, brewery, cocktail lounge, entertainment venue, or other hospitality concept. If the buildings are sold separately, the liquor license will be available on a first-come, first-served basis. The main floor features soaring ceilings and nearly 4,000 square feet of open commercial space ready to be transformed to fit your vision. A dividing wall currently separates the first floor into two distinct areas, creating the potential for multiple business concepts or tenants within the same building. Upstairs, you'll find an impressive open ballroom filled with character and endless possibilities. Restore it as an event venue, convert it into office space, create unique residential lofts, expand your commercial footprint, or design something entirely your own. The seller has already completed the extensive interior demolition, creating a true blank canvas ready for redevelopment. Whether your vision includes retail, office space, dining, entertainment, mixed-use development, or something entirely unique, this property offers exceptional flexibility, outstanding visibility, and unlimited potential in one of Downtown Bay City's most recognizable locations.

706 Washington Avenue 706/702 Washington Ave North Building, Bay City

$184,900
4 Beds 2 Baths 50208616 MLS
Welcome to this stunning fully remodeled home at 801 S Madison Ave — where classic character meets modern peace of mind. This spacious 4-bedroom home has been completely transformed from top to bottom with all major mechanical and cosmetic upgrades already done for you. Featuring a brand-new roof with a 15-year transferable warranty, brand-new windows throughout, a new furnace and all-new ductwork under warranty, new hot water tank, updated plumbing throughout the entire home, and a new electrical panel, this property delivers the confidence buyers are looking for. Step inside and enjoy fresh new carpet, updated flooring, completely new kitchen, and beautifully refreshed bathrooms featuring new toilets and modern finishes. Every detail has been thoughtfully updated to create a move-in-ready home with the feel of new construction while maintaining the charm and size of this classic Bay City property. The spacious layout offers approximately 1,888 square feet of living space with generous room sizes, a full basement, detached garage, and a desirable corner-lot location close to schools, parks, shopping, and downtown Bay City amenities. So if you're looking for your forever home this property stands out with high-ticket upgrades already completed. Move in with confidence knowing the expensive updates are done — just unpack and enjoy. Don't miss your opportunity to own this home. You won't find another one like this

801 S Madison Avenue, Bay City

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