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$195,000 Just Listed
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Property Description
Located in the desirable City of Troy, this 3-bedroom, two-story home presents a great investment opportunity to expand your portfolio or someone to add finishing touches to make it their own. The property features new flooring and lighting, along with an updated upstairs bathroom. A back room provides 400 square feet of additional living space, adding to the home's potential. The property also includes a radon mitigation system and is being sold in AS IS condition--an excellent opportunity for investors or buyers looking to add value.
Full Property Details
Full Property Details for 506 Michigan Ave
General
- Price: $195,000
- Taxes: $820 (2024)
- Status: Active
- Type: Single Family
- Source: 507
- MLS ID: 1043668
- Updated: 2/7/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Attic
- Fireplace(s): Wood Burning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom 2: Level 2
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: Level 2
- Bedroom 2: Level 2
- Bedroom 3: Level 2
Other Rooms
- Living Room: Level 1
- Kitchen: Level 1
- Dining Room: Level 1
- Breakfast Room: Level 1
- Other Room 9: Level 1
Exterior
- Exterior Features: Porch
Location
- County: Miami
- Driving Directions: GPS friendly.
School Information
- School District: 5509 Troy CSD
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Structural Information
- Exterior Const.: Vinyl Siding
- Square Feet: 1,650
- Finished Total: 1,650 Sq. Ft.
- Year Built: 1918
Lot Features
- Lot Size (Acres): 0.14
- Zoning: Residential
Financial Considerations
- Tax Amount: $820
- Tax Year: 2024
Disclosures and Reports
- Property ID: D08028340
Listed by Victoria Linkmeyer
Get Pre-Approved Today
Schools
Schools serving 506 Michigan Ave
School District:Troy City School District
| Name | Grades | Distance |
|---|---|---|
Van Cleve Elementary School 617 East Main Street, Troy, OH 45373 | 6- | 0.5 mi |
Cookson Elementary School 921 Mystic Lane, Troy, OH 45373 | K-5 | 0.6 mi |
Troy Junior High School 556 Adams Street, Troy, OH 45373 | 7-8 | 0.4 mi |
Troy High School 151 West Staunton Road, Troy, OH 45373 | 9-12 | 0.4 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 506 Michigan Ave
Date
Details
Price
Change
Source
2/06/2026
Listed
$195,000
69.57%
MLS
2/14/2023
Sold
$115,000
—
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 506 Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,415
2%
$37,530
—
2023
$1,384
153%
$37,530
30%
2021
$548
-29%
$28,880
-23%
2022
$771
41%
$37,530
30%
2020
$548
-10%
$28,880
—
2017
$607
105%
$28,950
—
2016
$296
-47%
$28,950
—
2019
$557
—
$28,880
8%
2015
$557
-71%
$26,780
—
2014
$1,912
239%
$26,780
—
2013
$564
—
$26,780
—
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 506 Michigan Ave
506 Michigan Avenue, Troy, OH 45373 (MLS# 1043668) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 506 Michigan Avenue is currently listed for $195,000 and was received on February 06, 2026. Want to learn more about 506 Michigan Avenue? Do you have questions about finding other Single Family real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.

