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Sold for $110,000
    • $110,000

    248 Adams St, Bay City, MI 48708

    6beds
    1,922sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $111,000 Zestimate®
    $57/sqft
    $855 Estimated rent

    Home value

    $111,000

    $87,000 - $143,000

    $855/mo

    Zestimate® history
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    $855/mo

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    $594/mo

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    What's special

    Land Contract Opportunity – Income-Generating 2-Unit Apartment Building! This 2-unit apartment building is available for land contract, offering a more borrower-friendly approval process than traditional banks. The property features two 3-bedroom, 1-bath units, both currently rented, providing immediate rental income. Ideal for investors or buyers seeking steady cash flow, this property also offers potential for updates and increased returns. Land contract terms: 20% down, 10% interest, 30 year term. Tenant rent: $850/775 - 1 unit lease month to month, 2nd unit lease up March 31 2026

    Zillow last checked: 7 hours ago

    Listing updated: January 07, 2026 at 12:50pm

    Listed by:

    Thomas Webb 989-492-0650,

    Century 21 Signature Realty,

    Karah Ralph 989-252-7811,

    Century 21 Signature Realty Midland

    Bought with:

    Ryan Kelly, 6501422177

    The Brand Real Estate

    Source: MiRealSource,MLS#: 50196126MLS LogoOriginating MLS: Saginaw Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Features: No
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Range/Oven, Refrigerator
    • Laundry: First Floor Laundry
    Features
    • Basement: Block,Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,922
    • Total interior livable area: 1,922 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Spaces, On Street, Unassigned
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Wheelchair Access, Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Entrance, Main Floor Laundry
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Exterior features: Sidewalks
    • Frontage length: 44
    Lot
    • Size: 4,356 sqft
    • Dimensions: 44 x 100
    • Features: Platted, Sidewalks, Subdivision
    Details
    • Parcel number: 16002813700300
    • Zoning description: Multi-Family,Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional Frame
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement
    Condition
    • Year built: 1900

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sanitary
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bay City
    • Subdivision: Lot 14 Blk 115 Lower Saginaw

    HOA & financial

    Other financial information
    • Total actual rent: 1625

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Land Contract
    • Ownership type: LLC
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/7/2026Sold$110,000-7.6%$57/sqft
    Source: MiRealSource #50196126 Report a problem
    12/22/2025Pending sale$119,000$62/sqft
    Source: MiRealSource #50196126 Report a problem
    12/15/2025Listed for sale$119,000+4747.3%$62/sqft
    Source: MiRealSource #50196126 Report a problem
    3/7/2012Sold$2,455$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,234 $34,400 +6.5%
    2023-- $32,300 +11.4%
    2022-- $29,000 +8%

    Find assessor info on the county website

    Neighborhood: 48708

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bay City School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    $111,000
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    +$2,220
    With Zillow Showcase(estimated)
    $113,220

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