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$94,900 Just Listed
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Property Description
Perfect opportunity for investors or first-time homebuyers alike! This charming 3-bedroom, 1-bathroom home offers over 1,050 square feet of comfortable living space and strong potential as a rental investment with excellent ROI. Featuring a functional layout, spacious bedrooms, and a large yard, this property is ideal for long-term tenants or anyone looking to build equity instead of renting. Conveniently located near schools, shopping, parks, and local amenities, this affordable Bay City home delivers both value and versatility. Whether you're expanding your investment portfolio or searching for a great starter home, this property is full of potential!
Full Property Details
Full Property Details for 3118 N Water St
General
- Price: $94,900
- Taxes: $2,087
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26020128
- Updated: 5/10/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room, Main Level
Location
- County: Bay
- Cross Streets: McEwan & Galarno
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Style_co_Other38
- Construction: Aluminum Siding
- Basement: Yes
- Stories/Levels: 2
- Square Feet: 1,057
- Living Area: 1,057 Sq. Ft.
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Dimensions: 50 x 118
Financial Considerations
- Tax Amount: $2,087
- Terms: Cash, FHA, VA Loan, MSHDA, Conventional
Disclosures and Reports
- Legal Description: LOT 3 & N 1/2 OF VAC ALLEY ADJ BLK 7 WM GALARNOS ADD TO BC
- Property ID: 09-160-022-226-004-00
Listed by Real Broker, LLC, Ahmed ''Ali'' Khalil
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Schools
Schools serving 3118 N Water St
School District:Bay City School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Bay City, MI 1821 Mckinley Avenue, Bay City, MI 48708 | PK-5 | 1.1 mi |
Handy Middle School 601 Blend Street, Bay City, MI 48706 | 6-8 | 2.5 mi |
Bay City Central High School 1624 Columbus Avenue, Bay City, MI 48708 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3118 N Water St
Date
Details
Price
Change
Source
5/06/2026
Listed
$94,900
110.89%
MLS
2/26/2024
Sold
$45,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3118 N Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,149
-64%
$28,050
-18%
2023
$5,962
87%
$34,250
16%
2022
$3,184
100%
$29,500
12%
2021
100%
$26,350
5%
2020
-100%
$25,150
100%
2018
$1,063
—
-100%
2018
$1,063
—
$22,350
3%
2018
$1,063
-49%
$21,650
—
2017
$2,073
144%
$21,750
-11%
2016
$850
16%
$24,550
36%
2015
$735
4%
$18,050
25%
2014
$704
-14%
$14,450
-14%
2013
$819
—
$16,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3118 N Water St
3118 N Water Street, Bay City, MI 48708 (MLS# 26020128) is a Single Family property with 3 bedrooms and 1 full bathroom. 3118 N Water Street is currently listed for $94,900 and was received on May 06, 2026. Want to learn more about 3118 N Water Street? Do you have questions about finding other Single Family real estate for sale in Bay City? You can browse all Bay City real estate or contact a Coldwell Banker agent to request more information.

