Off Market Jan 2026 for $110K

$140,541

•

1,922

sq ft

248 Adams St, Bay City, MI 48708

About this home

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

Multi-familyProperty Type

1900Year Built

4,356 sq ftLot Size

$73Est. Price/Sq.Ft.

2 spacesParking

Listed by Thomas Webb • Century 21 Signature Realty

•989-921-7000 (broker)

•julie@c21signaturere (broker)

Listed by Karah Ralph • Century 21 Signature Realty Midland

•989-837-2100 (broker)

Bought with Ryan Kelly • The Brand Real Estate

•810-429-9691 (broker)

Redfin checked: 3 minutes ago

•Source:MiRealSource-MiMLS #50196126

Redfin Estimate

$140,541

$31K since sold in January 2026$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.2% lower than the average sale price ($155K) of 6 comparable homes.

SOLD AUG 21, 2026
$130,000
A
4 beds2 baths1,610 sq ft
222 S Madison Ave, Bay City, MI 48708
SOLD AUG 14, 2026
$161,000
B
4 beds2 baths2,214 sq ft
410 N Hampton St, Bay City, MI 48708
SOLD MAR 18, 2026
$106,000
C
4 beds2 baths1,960 sq ft
411 10th St, Bay City, MI 48708
SOLD DEC 22, 2025
$210,000
D
4 beds2 baths2,200 sq ft
321 N Birney St, Bay City, MI 48708
SOLD JUL 2, 2026
$183,400
E
3 beds2 baths1,663 sq ft
301 S Lincoln St, Bay City, MI 48708
SOLD JUL 29, 2026
$138,500
F
4 beds1 bath1,572 sq ft
400 Fraser St, Bay City, MI 48708

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 48708, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.2%

0.4% MoM

Median sale price

$158K

$13K MoM

Avg. days on market

22d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 3 HRS AGO
$140,000
4 beds1.5 baths1,999 sq ft
705 S Hampton St, Bay City, MI 48708
(989) 686-4500
NEW 5 HRS AGO
$142,500
2 beds1 bath1,960 sq ft
2009 S Farragut St, Bay City, MI 48708
(989) 892-8888
FOR SALE BY OWNER
$220,000
3 beds2 baths1,365 sq ft
308 Yale St, Bay City, MI 48708
$152,000
4 beds3 baths2,152 sq ft
3226 N Water st St, Bay City, MI 48708
(989) 385-4701
$142,900
3 beds1 bath960 sq ft
2293 Michigan Ave, Bay City, MI 48708
(989) 686-4500
$215,000
3 beds2 baths1,872 sq ft
1218 S Tuscola Rd, Bay City, MI 48708
(989) 892-8888
$215,000
5 beds2 baths3,190 sq ft
803 N Mclellan St, Bay City, MI 48708
(989) 686-3400
$149,900
4 beds1 bath1,649 sq ft
908 Mckinley St, Bay City, MI 48708
$112,000
2 beds1 bath2,088 sq ft
319 N Madison Ave, Bay City, MI 48708
(989) 455-8889
$99,900
2 beds1 bath2,024 sq ft
1530 Elizabeth St, Bay City, MI 48708
(989) 751-6471
See all

Provided by Redfin

Sale history for 248 Adams St

Date

Event

Price

REALCOMP #61050196126

Jan 7, 2026

Sold

$110,000

$57/sq ft

Dec 21, 2025

Pending

—

Dec 15, 2025

Listed

$119,000

$62/sq ft

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

Greater Lansing AoR #50196126

Jan 7, 2026

Sold

$110,000

$57/sq ft

Jan 7, 2026

Sold

$110,000

$57/sq ft

Dec 21, 2025

Pending

—

Dec 15, 2025

Listed

$119,000

$62/sq ft

Dec 15, 2025

Listed

$119,000

$62/sq ft

Tax history for 248 Adams St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

45 ft.

Lot depth

100 ft.

Lot size

4,356 Sq. Ft.

Year renovated

—

Sq. Ft.

1,922

Year built

1900

Style

Single Family Residential

County

Bay County

APN

160-028-137-003-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 17, 2026.

Property details

Parking

Parking/Garage Information
Parking: 2 Spaces, Unassigned/General, On Street

Interior

Interior Features
Appliances: Range/Oven, Refrigerator
Has Basement

Bedroom Information
First Floor Bedroom
Bedroom 1 Floor Covering: Concrete

Bathroom Information
Main Floor Full Bathroom
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2

Laundry/Basement Information
Basement Type: Block, Outside Entrance

Other Room Information
Sub Room Description: First Floor Laundry, Living Room

Exterior

Exterior Features
Exterior Construction: Vinyl Siding
Exterior Features: Wheelchair Access, Porch, Sidewalks
Foundation Type: Basement

Property Features
ACCESSIBILITY FEATURES: Acc. Approach with Ramp, Accessible Bedroom, Acc. Central Living Area, Accessible Entrance, Main Floor Laundry

Property Information
Property Type: Multi-Family
Property Type: 1 To 4 Units, Apartment, Investment
Structure Style: 2 Story
Styles: Conventional Frame
Year Built: 1900

Lot Information
Lot Size: 44,100
Lot Description: Platted, Sidewalks
Land Contract Terms Months: 360
Land Contract Monthly Payment: $835
Land Contract Interest Rate: 10
Land Contract Down Payment: $20
Zoning: Multi-Family, Residential

Land Information
Acreage: 0.1
Roads: City/County, Paved Street
Frontage: 44

Financial

Tax/Assessments Information
Taxable Value Year: 2025
Taxable Value: $28,274
Total Tax Year: 2025
Total Tax Amount: $2,822.70
Summer Tax Year: 2025
Summer Tax Amount: $1,709.71
Winter Tax Year: 2025
Winter Tax Amount: $1,112.99

Lease/Rent Information
Lease Information: Month-To-Month

Utilities

Utility Information
Separate Heat: Yes
Water: Public Water
Separate Electric
Cooling System: Ceiling Fan(S)
Separate Gas
Fuel Type: Natural Gas
Separate Heat
Heating System: Forced Air
Sewer Septic: Public Sanitary

Location

Mult-Unit Information
# of Units (Total): 2

Unit 1 Information
Unit 1 Occupied Y/N: Yes
Rent Rate: $850
Unit Occupied

Unit 2 Information
Rent Rate: $775
Unit Occupied

Homeowners Association Information
Association/Landlord Pays: Lawn Maintenance, Snow Removal, Taxes, Trash Removal, Water/Sewer

School Information
School District: Bay City School District
School District: Bay City School District

Address Information
Street Designation: Street

Location Details
Municipality Type: City
Municipality: Bay City
Mail City: Bay City
Location: Subdivision
Subdivision: LOT 14 BLK 115 LOWER SAGINAW
Municipality: Bay City
Area (Municipality): Bay City (09016)

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 1,922
Stories: —
Lot Size: 4,356 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Bay County
APN: 160-028-137-003-00

Home facts updated by county records on Aug 17, 2026

Other

Listing Information
Originating MLS: Saginaw
Originating MLS: Saginaw
No

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 0.9mi

6/10

Handy Middle School

Public 6-8 • Assigned • 1.5mi

4/10

Bay City Central High School

Public 9-12 • Assigned • 0.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Bay City, MI • 48708

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$134,000 – $162,000

Sell confidently with a local market expert in Bay City. 3 minutes to get started.

Nearby similar homes

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New listings for sale in 48708

NEW 3 HRS AGO

$140,000

4 beds1.5 baths1,999 sq ft

705 S Hampton St, Bay City, MI 48708

(989) 686-4500

NEW 5 HRS AGO

$142,500

2 beds1 bath1,960 sq ft

2009 S Farragut St, Bay City, MI 48708

(989) 892-8888

FOR SALE BY OWNER

$220,000

3 beds2 baths1,365 sq ft

308 Yale St, Bay City, MI 48708

$152,000

4 beds3 baths2,152 sq ft

3226 N Water st St, Bay City, MI 48708

(989) 385-4701

$142,900

3 beds1 bath960 sq ft

2293 Michigan Ave, Bay City, MI 48708

(989) 686-4500

$215,000

3 beds2 baths1,872 sq ft

1218 S Tuscola Rd, Bay City, MI 48708

(989) 892-8888

$215,000

5 beds2 baths3,190 sq ft

803 N Mclellan St, Bay City, MI 48708

(989) 686-3400

$149,900

4 beds1 bath1,649 sq ft

908 Mckinley St, Bay City, MI 48708

$112,000

2 beds1 bath2,088 sq ft

319 N Madison Ave, Bay City, MI 48708

(989) 455-8889

Home values near 248 Adams St

Data from public records.

Address	Redfin Estimate
237 Adams Street, Bay City, MI 3 Beds \| 2 Baths \| 1718 Sq. Ft.	$180,075
243 Adams Street, Bay City, MI 3 Beds \| 1.5 Baths \| 1924 Sq. Ft.	$123,401

Address	Redfin Estimate
233 Adams Street, Bay City, MI 3 Beds \| 1 Baths \| 2056 Sq. Ft.	$138,469
239 Adams Street, Bay City, MI 3 Beds \| 1 Baths \| 1699 Sq. Ft.	$112,451

Address	Redfin Estimate
309 Adams Street, Bay City, MI 2 Beds \| 2 Baths \| 1323 Sq. Ft.	—
232 Adams Street, Bay City, MI 3 Beds \| 1 Baths \| 1317 Sq. Ft.	$103,487

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 48708, MI

Sale history for 248 Adams St

Tax history for 248 Adams St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 48708

Home values near 248 Adams St

More real estate resources