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$819,900

  • For Sale
  • Active
  • Single Family
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Welcome to 701 Center Ave, a beautifully restored Second Empire home built in 1876 by James and Margaret Shearer. This historic gem features 16 units-5 one-bedrooms, 1 two-bedroom, and 10 studios-blending timeless elegance with modern upgrades. Inside, you'll find preserved architectural details including a grand staircase, ornate plasterwork, and fireplaces, along with recent improvements such as a new roof, refinished windows, new gutters, off-street parking, on-site laundry, and efficient boiler heat (with gas, water, and sewer covered by the owner). Currently, 10 units are operating as Airbnbs with high upside, while the remaining units are leased to long-term tenants, offering steady income and room for future growth. Located just steps from downtown Bay City, the property offers walkable access to dining, shopping, and entertainment. This is a rare opportunity to own a historically significant property with strong potential in a prime location.

Full Property Details for 701 Center Ave

General

  • Price: $819,900
  • Taxes: $12,930
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25008700
  • Updated: 10/28/2025
  • Added to Site: 313 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area, In Basement

Parking

  • Total Spaces: 17
  • Parking Features: Unpaved

Location

  • Area: Outside MichRIC Area - Z
  • County: Bay
  • Cross Streets: Monroe St
  • Driving Directions: East off of N Madison, North on Center, the building is on the north side of Center.

Heating & Cooling

  • Heating Type: Forced Air, Hot Water

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement: Yes
  • Year Built: 1870

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size (Sq. Ft.): 14,505
  • Lot Dimensions: 105 x 100
  • Frontage: Paved
  • Lot Features: Level, Corner Lot

Financial Considerations

  • Tax Amount: $12,930.27
  • Terms: Cash
  • Landlord Pays: Water, Sewer, Gas
  • Tenant Pays: Electricity

Disclosures and Reports

  • Legal Description: LOTS 7 & 8 & S 32 FT OF LOT 9 BLK 58 & W 10 FT OF VAC ALLEY ADJ LOWER SAGINAW
  • Property ID: 160-021-454-003-00

Listed by Keller Williams GR North (Main), Drew Denham

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Listing agent

— 701 Center Ave —

  • Drew Denham

    Keller Williams GR North (Main)

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 701 Center Ave

School District:Bay City School District
NameGradesDistance
Washington Elementary School, Bay City, MI
1821 Mckinley Avenue, Bay City, MI 48708
PK-50.7 mi
Handy Middle School
601 Blend Street, Bay City, MI 48706
6-81.5 mi
Bay City Central High School
1624 Columbus Avenue, Bay City, MI 48708
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 Center Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$819,900
-4.65%
MLS
9/17/2025
Price Reduced
$859,900
-1.73%
MLS
3/10/2025
Listed
$875,000
-9.33%
MLS
2/06/2024
Sold
$965,000
—
Public Record
Get Price Alerts and Save Property
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 for 701 Center Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,930
-52%
$302,900
5%
2023
$26,939
104%
$287,150
24%
2022
$13,180
100%
$231,900
28%
2021
100%
$181,050
106%
2020
-100%
$87,850
-2%
2018
$4,512
—
$89,300
28%
2018
$4,512
—
$69,500
4%
2018
$4,512
-1%
$67,050
-2%
2017
$4,536
1%
$68,200
2%
2016
$4,507
33%
$66,850
1%
2015
$3,394
2%
$66,500
33%
2014
$3,341
-29%
$50,050
-29%
2013
$4,706
—
$70,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams GR North (Main), Drew Denham

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701 Center Avenue, Bay City, MI 48708 (MLS# 25008700) is a Single Family property with 0 bedrooms and 0 full bathrooms. 701 Center Avenue is currently listed for $819,900 and was received on March 10, 2025. Want to learn more about 701 Center Avenue? 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.

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