Investment opportunity awaits you in Bay City! This three-unit city certified property has long term history earning income. Each unit has separate furnace, electric and gas meter. Owner pays for water. Roof was replaced in 2023, apartment 3 has updated paint, laminate flooring as well as improvements to the kitchen and bathroom. Off street parking available behind the house with alley access.
Sold for $125,000
$125,000
706 S Monroe St, Bay City, MI 48708
5beds
1,874sqft
Multi Family
Built in 1900
-- sqft lot
$127,600 Zestimate®
$67/sqft
$870 Estimated rent
Home value
$127,600
$105,000 - $156,000
$870/mo
Zestimate® history
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Owner options
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$870/mo
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$675/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 22, 2025 at 08:17am
Listed by:
Kyle Riddle,
NextHome Park Place Homes Group
Bought with:
Kyle Riddle, 6501267309
NextHome Park Place Homes Group
Jack Bringard, 6505355628
NextHome Park Place Homes Group
Source: MIDMLS,MLS#: 50183728
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Bar Fridge, Range/Oven
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 1,874
- Total interior livable area: 1,874 sqft
Property
Features
- Levels: Two
- Stories: 2
- Frontage length: 50
Lot
- Size: 4,791 sqft
- Dimensions: 50 x 100
Details
- Parcel number: 16002845200800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Electric: Separate Electric
- Gas: Natural Gas
- Sewer: Public At Street
- Water: Public Water at Street
Community & neighborhood
Location
- Region: Bay City
- Subdivision: PHILLIP SIMONS SUB OF OUT LOT 4 & S 5
HOA & financial
Other financial information
- Total actual rent: 1075
Other
Other facts
- Price range: $125K - $125K
- Listing terms: Cash,Conventional
- Ownership: Private
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $125,000-3.8%$67/sqft |
Source:  MIDMLS #50183728 Report a problem | ||
| 8/18/2025 | Pending sale | $130,000$69/sqft |
Source: MIDMLS #50183728 Report a problem | ||
| 8/1/2025 | Listed for sale | $130,000+74.5%$69/sqft |
Source: MIDMLS #50183728 Report a problem | ||
| 10/6/2021 | Sold | $74,500$40/sqft |
Source:  MiRealSource #50051082 Report a problem | ||
| 9/3/2021 | Pending sale | $74,500+113.5%$40/sqft |
Source: MiRealSource #50051082 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,195 | $33,300 +6.6% |
| 2023 | -- | $31,250 +14.3% |
| 2022 | -- | $27,350 +14.2% |
Find assessor info on the county website
Neighborhood: 48708
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Handy Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Bay City Central High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Bay City School District
Source: MIDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$127,600
2% more
+$2,552
With Zillow Showcase(estimated)
$130,152
- Michigan
- Bay County
- Bay City
- 48708
- 706 S Monroe St