Off Market Nov 2021 for $560K

—

•

7,428

sq ft

701 Center, Bay City, MI 48708

About this home

This exquisite Second Empire home was constructed in 1876 by James Shearer, for he and his wife Margaret. History runs deep in its veins, including a personal letter from Thomas Edison, asking the Shearers to use their home to showcase his new technology: electricity. Today, it is a lovingly restored, solid, highly profitable 16 unit apartment home. With several long term tenants, all units are leased at a slightly below market rate (rents could comfortably run $40-50 higher per unit). Through the years, as tenants moved out, the current owners refreshed each unit (with the exception of 2 apts) with beautifully refinished hardwood floors, paint, vanities, and some bath/showers. Many units feature breathtaking original plaster adornment, towering ceilings, and ornate fireplaces! All have charming kitchens, and efficient bathrooms- efficiency apartments have murphy beds. In addition to rents, building includes a laundry facility with coin-operated machines.

Multi-familyProperty Type

1876Year Built

0.33 acresLot Size

$75Price/Sq.Ft.

3 spacesParking

Listed by Shelley Niedzwiecki • Ayre/Rhinehart Bay REALTORS

•989-892-4800 (broker)

Bought with Shelley Niedzwiecki • Ayre/Rhinehart Bay REALTORS

•989-892-4800 (broker)

Redfin checked: a minute ago

•Source:MiRealSource-MiMLS #50044950

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

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

$119,000
4 beds1 bath2,395 sq ft
2002 11th St, Bay City, MI 48708
(989) 792-8200
$182,500
3 beds2 baths2,762 sq ft
2135 6th St, Bay City, MI 48708
(989) 892-4800
$325,000
4 beds2 baths2,168 sq ft
1791 W German Rd, Bay City, MI 48708
(989) 686-3400
$44,900
2 beds1 bath728 sq ft
200 18th St, Bay City, MI 48708
(616) 527-1500
$129,900
3 beds1 bath1,162 sq ft
2016 Center Ave, Bay City, MI 48708
(231) 421-1970
$249,000
5 beds2 baths2,257 sq ft
602 Fillmore Pl, Bay City, MI 48708
(989) 316-2384
OPEN OCT 3, 12PM TO 1:30PM
$159,900
3 beds1 bath1,088 sq ft
220 S Sherman St, Bay City, MI 48708
(989) 892-4800
HOT HOME
$140,000
4 beds1.5 baths1,999 sq ft
705 S Hampton St, Bay City, MI 48708
(989) 686-4500
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
See all

Provided by Redfin

Sale history for 701 Center

Public record

Beds

—

Baths

—

Stories

—

Lot width

79 ft.

Lot depth

100 ft.

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Bay County

APN

160-021-454-003-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 29, 2023.

Property details

Parking

Parking/Garage Information
Parking: 3 Or More Spaces, Unassigned/General

Interior

Interior Features
Interior Features: 9 Ft + Ceilings, Hardwood Floors
Appliances: Dryer, Range/Oven, Refrigerator, Washer
Has Basement

Bathroom Information
# of Bathrooms (Full): 16
# of Baths/Lavatories (Total): 16

Laundry/Basement Information
Basement Type: Block, Common, Egress/Daylight Windows, Full, Outside Entrance, Walk Out

Mult-Unit Information
# of Units (Total): 16
Net Operating Income: $67,608
Net Operating Income: 67608

Exterior

Exterior Features
Exterior Construction: Brick
Exterior Features: Porch
Foundation Type: Basement

Property Information
Property Type: Multi-Family
Property Type: Apartment, Historic, Investment
Structure Style: More than 2 Stories
Styles: Victorian
Year Built: 1876

Lot Information
Lot Size: 110,132
Zoning: Multi-Family

Land Information
Acreage: 0.33
Frontage: 110

Financial

Tax/Assessments Information
Total Tax Year: 2020
Total Tax Amount: $4,661
Summer Tax Year: 2020
Summer Tax Amount: $4,217
Winter Tax Year: 2020
Winter Tax Amount: $444

Utilities

Utility Information
Separate Heat: No
Water: Public Water
Separate Electric
Cooling System: None
Fuel Type: Natural Gas
Heating System: Radiator, Steam
Sewer Septic: Public Sanitary

Location

Homeowners Association Information
Association/Landlord Pays: Gas, Water/Sewer
Community Amenities: Laundry Facility, Pets Allowed

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

Location Details
Municipality Type: City
Municipality: Bay City
Mail City: Bay City
Subdivision: N/A
Municipality: Bay City
Area (Municipality): Bay City (09016)
Directions: On the Northeast corner of Center Avenue & North Monroe

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Bay County
APN: 160-021-454-003-00

Home facts updated by county records on Apr 29, 2023

Other

Listing Information
Originating MLS: Bay County REALTOR Association

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 1.0mi

6/10

Handy Middle School

Public 6-8 • Assigned • 1.2mi

4/10

Bay City Central High School

Public 9-12 • Assigned • 0.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$420,000

9 beds7 baths3,327 sq ft

801 S Mill St, Clio, MI 48420

(810) 744-4333

$229,900

— beds5 baths4,506 sq ft

12205 N Saginaw St, Mt Morris, MI 48458 1571

(810) 610-7194

$625,000

11 beds8 baths8,622 sq ft

1213 Center Ave, Bay City, MI 48708

(989) 686-3400

$300,000

— beds6 baths5,400 sq ft

3604 DAVENPORT Ave, Saginaw, MI 48602

(989) 274-6500

$269,000

— beds6 baths5,962 sq ft

1902 Fenton Rd, Flint, MI 48507

(810) 695-4111

$29,900

Land— sq ft

3681 Bernice Dr, Saginaw, MI 48601

(989) 790-0890

New listings for sale in 48708

$119,000

4 beds1 bath2,395 sq ft

2002 11th St, Bay City, MI 48708

(989) 792-8200

$182,500

3 beds2 baths2,762 sq ft

2135 6th St, Bay City, MI 48708

(989) 892-4800

$325,000

4 beds2 baths2,168 sq ft

1791 W German Rd, Bay City, MI 48708

(989) 686-3400

$44,900

2 beds1 bath728 sq ft

200 18th St, Bay City, MI 48708

(616) 527-1500

$129,900

3 beds1 bath1,162 sq ft

2016 Center Ave, Bay City, MI 48708

(231) 421-1970

$249,000

5 beds2 baths2,257 sq ft

602 Fillmore Pl, Bay City, MI 48708

(989) 316-2384

OPEN OCT 3, 12PM TO 1:30PM

$159,900

3 beds1 bath1,088 sq ft

220 S Sherman St, Bay City, MI 48708

(989) 892-4800

HOT HOME

$140,000

4 beds1.5 baths1,999 sq ft

705 S Hampton St, Bay City, MI 48708

(989) 686-4500

FOR SALE BY OWNER

$220,000

3 beds2 baths1,365 sq ft

308 Yale St, Bay City, MI 48708

Home values near 701 Center

Data from public records.

Address	Redfin Estimate
821 Washington, Bay City, MI - Beds \| - Baths \| 5000 Sq. Ft.	—
817 Washington Avenue, Bay City, MI - Beds \| - Baths \| 13200 Sq. Ft.	—

Address	Redfin Estimate
822 Washington Avenue, Bay City, MI - Beds \| - Baths \| 2288 Sq. Ft.	—
701 Washington, Bay City, MI - Beds \| - Baths \| 17562 Sq. Ft.	—

Address	Redfin Estimate
810 Washington, Bay City, MI - Beds \| - Baths \| 30000 Sq. Ft.	—
716 Washington Avenue, Bay City, MI - Beds \| - Baths \| 3592 Sq. Ft.	—

Property information provided by MiRealSource-MiMLS when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Bay City	Agents near me	Livonia, MI homes for sale	Bay City Housing Market
Houses for sale near me	Detroit, MI homes for sale	Novi, MI homes for sale
Land for sale near me	Ann Arbor, MI homes for sale	Royal Oak, MI homes for sale
Open Houses near me	Grand Rapids, MI homes for sale	Bay City Property Records
Condos for sale near me	Troy, MI homes for sale	MI New Listings

48706 homes for sale
48732 homes for sale
48708 homes for sale

Downtown Bay City Historical District homes for sale
Downtown Bay City homes for sale

Frankenmuth homes for sale
Midland homes for sale
Saginaw homes for sale